Trump Administration Expands Tariffs: Copper Joins Steel and Aluminum

The U.S. aims to bolster domestic production by expanding 25% tariffs on steel and aluminum, now including copper. Commerce Secretary Howard Lutnick emphasizes national security and plans to negotiate trade issues with Canada. A national security probe on copper imports is underway, ordered by President Trump.

The Trump administration is expanding its steel and aluminum tariff policy to include copper as part of an effort to enhance domestic production capabilities, Commerce Secretary Howard Lutnick announced.

In a conversation with Fox Business, Lutnick underlined the administration's focus on national security, stating that certain essential goods, such as steel and aluminum, in addition to semiconductors and pharmaceuticals, must be manufactured domestically. This move reflects President Trump's steadfast commitment to strengthening American manufacturing.

Lutnick also mentioned an upcoming meeting with Ontario Premier Doug Ford, intending to ease trade tensions between the U.S. and Canada. However, comprehensive negotiations are expected to wait until Mark Carney assumes office as Canada's prime minister.