Trump tariffs by cars, copper, aluminum can hit hard

US President Donald Trump goes when employees respond to the US steel corporation – Irvin Works in Western Milflin, Pennsylvania, USA, May 30, 2025.

Leah milis | Reuters

As the president Donald Trump tariffs against Over a dozen countries The dispute of fresh concern over the upcoming trade measures concerning the country is often ignored, causing parties to certain products and goods that can already come in place or soon.

These so-called sections of the 232-already announced by cars, steel and aluminum, and swimming in copper and other subjects, are holding back enterprises and US trading partners trying to move in a constantly evolving trade setting.

Trump said on Tuesday that it will impose 50% of copper import tariffs by double what pre -sailed for valuable goods. He also said he would soon announce the tariffs “at very high speed” on pharmaceuticals.

Trump’s announcement has sent copper prices, and metal has posted its highest income since 1989. Copper contract closed 13%on Tuesday on Tuesday, amounted to $ 5,6855 per pound.

The threats were the latest signs of the President’s readiness to use tariffs characteristic of the sector to get leverage in trading partners and try to redo the US economy.

My assumption is a press. Trump will reduce tariff rates with several other countries: Lutnick

The announcement happened a day after Trump rolled up the rigid tariff rates for imports from 14 countries with the help of letters operating on August 1: Japan. South Korea. Malaysia. Kazakhstan. South Africa. Laos. Myanmar. Bosnia and Herzegovina. Tunisia. Indonesia. Bangladesh. Serbia. Cambodia and Thai.

The letters are designed to increase pressure on US trading partners to come to the table on August 1.

But since the country’s negotiations are still in a suspended state-and some countries are still striving for breaking, with varying degrees of susceptibility from the white house-tan tariff rates already squeezing trading partners and consumers.

South Africa and Kazakhstan, the two countries that Trump hit the tariffs on Monday are the main aluminum producers, and Japan and South Korea, also in the list, are the main steel manufacturers.

“Mutual tariffs create headlines, but tariffs characteristic of the product still have a significant impact on the domestic market,” said CNBC Mike Lowell, a partner of the law firm Reed Smith.

High rates and no delay

Last month Trump announced that there is Doubling tariffs on steel And aluminum imports up to 50% for most countries are valid the next day.

Trump says raise tariffs on steel up to 50%, acting on June 4

Steel and aluminum are necessary materials for durable goods such as refrigerators and machines. But they are too the main components of smaller subjects Americans use every day as lightning and utensils.

Steel and aluminum tariffs are the continuation of Trump’s first trading order, when in 2018 it implemented 25% tariff for steel and 10% aluminum import tariff, resulting almost talked pricing, resulting in price spikes, causing the price signs Reuters Reports.

But they also differ from its first tariffs in important ways. In the first place, the tariffs are much higher – in some cases their previous levels will double. Secondly, the tariff rates today are made up of other customs duties.

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“The use of section 232, along with other tools, adds additional complexity of the tariff landscape and increases the importance of the country’s talks for liberation,”-Jacob Koh-vesser, deputy director of global trade and investment in BCG ,,,,, wrote Last month.

Trump repeatedly referred to Section 232 From the massive law on expansion of trade in 1962 to justify its tariffs characteristic of the sector. This measure allows the president to unilaterally adjust the tariff rates if America’s national security is at risk.

Another law, Section 301Used to apply tariffs to certain products from China. Some of them were imposed during Trump’s first term and remained largely at the place of his successor President Joe Biden.

Subaru Sport Futility vehicles and TESLA electric cars that expect shipment parked at the port of July 7, 2025 in Japan Yokaham.

Tomohiro Ohsumi | Gets the image

Another sector that has been hit hard by specific tariffs is cars and Autos. This 25% rate is disproportionately affecting Japan and South Korea, two leading car exporters to the US.

The White House is still considering providing a auto -stop release for some companies, partly in response to intensive lobbying by branch groups, CNBC reports.

A White House in April He signed the executive order by preventing the investment of car tariffs with other levies, such as aluminum and steel, bringing some relief of the automotive industry.

But given that the supply networks often delay the reaction to the tariffs, the collection of Trump to auto parts cannot fully feel for many years.

A wide presidential power

Trump's administration plans to take the tariff case in Scotts

Trump has also been swimming the opportunity to introduce additional tariffs for agricultural products characteristic of the sector, iPhonestrucks and other items, though not yet reported.

Previously, Trump ordered the Commerce Department to start section 232 of the National Security Investigation on both copper And import of lumber with results in November.

But his comments on Tuesday indicate that steep levies can go much earlier.

“Today we do copper,” said Trump of the item, which is most of the electrical wiring in American homes.

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