US President Donald Trump speaks at the Cabinet meeting at the White House cabinet room in Washington on July 8, 2025 on July 2025.
Andrew Cabelo-Nonolds | AFP | Getty
President Donald Trump said that he would raise 50% rates on copper imports on Tuesday and suggested that more trench area-specific duties were on the way.
“We are doing copper today,” Trump said at a cabinet meeting. “I believe that copper prices, we’re going to make it 50%.”
Trump has also said that he will soon announce the “high rates” rates on pharmaceutical imports and show that those duties can be 200%higher.
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