Copper, Trump and Tariff
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U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and suppliers to absorb border taxes and rising costs,
Other U.S. cities are also grappling with a dramatic spike in copper-wire thefts in recent years. In Minneapolis, thieves have damaged or stolen up to a mile of streetlight wiring in a single night, according to city records.
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Upending the Copper Market President Trump announced a 50% tariff on copper imports on July 8, aligning it with existing tariffs on steel and aluminum, as part of a strategy to bolster domestic industries and strengthen trade negotiations.
The sector-specific tariffs are putting pressure on businesses and foreign nations as they try to navigate Trump’s constantly evolving trade agenda.
The growing use of aluminum wires in sectors such as construction, energy, and automotive is fueling market growth. WILMINGTON, DE, UNITED STATES, July 8, 2025 /EINPresswire.com/ -- Aluminum wire continues to gain traction across various industries,
At a time when India is trying hard to mitigate the problem of rare earth materials, another metal, which is gaining traction, is copper. It is rare to find a strategic metal as valuable