Trump says at 50% Copper fare will start August 1

US President Donald Trump said on Thursday that 50% of copper import tariff he announced earlier on TuesdayIt will start on August 1.

The decision was made after he received the national security assessment, Trump’s said The message about the truth of the social.

“I announce a 50% copper tariff operating on August 1, 2025, after receiving a reliable assessment of national security,” Trump wrote.

“Copper is necessary for semiconductors, planes, ships, ammunition, data centers, lithium batteries, radar systems, missile protection systems and even hypersonic weapons, from which we build a lot. Copper is the second on the Defense Department.”

Adam Whiteley with Bny Investments said in Squawk Box CNBC that Trump’s latest message testifies to the trade policy he wants to defend.

“Copper is probably in the third category of tariffs, which is national security. So we have talks, we have an appeal to the trade imbalance, and then copper, or really any of the minerals, maybe semiconductors, maybe pharmaceuticals,” Witeley said.

Earlier on Tuesday, US Trade Secretary Howard Lutnit said CNBC “Force of dinner“That Trump’s administration wants to bring” copper production home “. He noted that Trump’s step would lead to copper tariffs in accordance with the US duties on import steel and aluminumwhich Trump doubled to 50% In early June.

Copper-third in terms of metal consumed, for iron and aluminum. US imports almost half the copper it uses, most of which come from chili, according to data US Geological Service.Trump at the end of February Ordered the probe Potential new copper import tariffs on national security.

– Kevin Breninger CNBC contributed to this report.

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