U.S. Copper Imports Subject to 50% Tariff, Starting Aug. 1
President Trump issued a Proclamation this afternoon, July 30, stating that all imports of semi-finished copper products and intensive copper derivative products will be subject to a 50% tariff, effective at 12:01 a.m. ET on Aug. 1.
This tariff shall be effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. ET on Aug. 1 and shall continue in effect, unless such action is expressly reduced, modified, or terminated, according to the Proclamation.
“This tariff is in addition to any other duties, fees, exactions, and charges applicable to such imported semi-finished copper products and intensive copper derivative products,” the Proclamation said.
Full details of the White House Proclamation are available here.