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Home > All news > Business, Economy, Export Import, Trade > Trump says 50% tariff on copper imports is coming and threatens 200% on pharmaceuticals

Trump says 50% tariff on copper imports is coming and threatens 200% on pharmaceuticals

July 10, 2025
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Trump's port fees on Chinese ships threaten US maritime industry, say Executives

WASHINGTONPresident Donald Trump said Tuesday he’s imposing a new 50% tariff on all copperimported into the US. However, it’s unclear when the new tariff would take effect.“Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be50%. This would mark the fourth across-the-board tariff Trump has imposed during his second term.Currently, most imported cars and car parts face a 25% tariff, while imported steel and aluminumboth face 50% tariffs.

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