copper, Trump
President Donald Trump signed two executive orders on Tuesday, focusing on price transparency requirements in the health care industry and examining the supply of copper in the American market. More than a month into his second administration,
13don MSN
"American industries depend on copper, and it should be made in America, no exemptions, no exceptions," Commerce Secretary Howard Lutnick said.
An executive order calls for boosting the domestic industry by investigating the national security implications of imports and weighing tariffs.
Copper is used extensively in the electronic goods sector from transformers to radios and TVs but is also a critical component in wiring, alternators, radiators, industrial machinery, and electrical motors.
It could mean a new day for U.S. copper mining, and new worries for environmental groups that are contesting proposals such as the stalled Twin Metals project near northern Minnesota's Boundary Waters,
On Feb. 25, the White House announced it will launch an investigation into the importation of copper under Section 232 of the 1962 Trade Expansion Act.
Countries are exploring possible deals with the United States to ease tariff rates, which the US treasury secretary said this week were a crucial part of Donald Trump's economic policy, as the president suddenly ordered a probe into potential new tariffs on copper imports that looks to have China in its sights.
The outlook for US investment in Africa’s copper mines had been looking increasingly rosy – until the famously unpredictable American leader caught the industry by surprise. With one stroke of his pen,
Freeport-McMoRan hopes U.S. President Donald Trump declares copper a critical mineral, a move that would unlock tax credits needed to boost American production of the red metal and offset global rivals,
Copper prices surged by more than 5% in New York — leaping further above other global benchmarks — as US President Donald Trump suggested imports of the metal could be subject to a 25% tariff.
President Donald Trump on Tuesday launched a probe into potential new tariffs on copper imports, saying they would help rebuild U.S. production.
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