US President Donald Trump's proposed 50% copper tariffs are anticipated to cover refined copper, aiming to boost American production of the essential material.
Including refined copper in the tariff list, which is a significant import category for the US, is expected to have broad implications due to its crucial role in various sectors such as electric grids, construction, automaking, and consumer electronics.
The tariff measures have not been finalized yet and require an official announcement from Trump, as stated by a White House official after the recent announcement lacked detailed information.
Industry representatives have engaged with the White House, suggesting a focus on restricting exports of ore and scrap metal instead of imposing tariffs on imports, in line with concerns from leading metals companies.