Trump to Impose Copper Tariffs to Revive Domestic Production, Lutnick Says

Contact Your Elected Officials
The Epoch Times Header

Commerce secretary said the copper-related tariffs will be imposed for national security reasons.

President Donald Trump intends to impose tariffs on copper imports, according to Commerce Secretary Howard Lutnick, who said that Trump’s trade policy plan for industrial metals—including aluminum and steel—is to build a strong domestic production capability as part of his vision for a “great, great America.”

Lutnick told Fox News on March 12 that nothing will stop Trump’s expanded 25 percent tariffs on aluminum and steel, which the commerce secretary said must be made in the United States for national security reasons, along with semiconductors and pharmaceuticals.

“We can’t be in a war and rely on steel and aluminum from some other country. I mean, it’s just not reasonable,” Lutnick said. “So the president wants steel and aluminum in America, and let me be clear, nothing is going to stop that until we’ve got a big, strong domestic steel and aluminum capability. And by the way, he’s going to add copper to that mix too.”

In late February, Trump directed Lutnick to initiate a Section 232 national security investigation to assess the potential need for tariffs on copper imports, the same legal authority used for steel and aluminum duties.

“Copper is a critical material essential to the national security, economic strength, and industrial resilience of the United States,” Trump wrote in a Feb. 25 executive order.

China now controls more than 50 percent of global copper smelting capacity and holds four of the top five biggest refining facilities, according to a White House fact sheet. At the same time, America’s dependence on copper imports has risen from nearly zero in 1991 to 45 percent of total consumption in 2024, increasing supply chain security risks.

“This dominance, coupled with global overcapacity and a single producer’s control of world supply chains, poses a direct threat to United States national security and economic stability,” Trump stated in the order, referring to Chinese dominance of copper supply.

Trump’s order directed Lutnick—in consultation with the Secretary of Defense, the Secretary of Interior, and the Secretary of Energy—to evaluate the national security risks associated with copper import dependency, and consider whether tariffs are appropriate.

By Tom Ozimek

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

All Apologies For the Culture War Slop

"Forgive me for ignoring the elite-driven political/economic excesses, focusing instead on divisive culture war slop."

Rising sea levels are less of a threat than we were told

New study challenges climate alarmism: sea levels aren't rising faster than the past century, despite dire warnings of floods and mass migrations.

President Trump is Being Wrongfully Obstructed on Tariffs

Podcaster Zach De Gregorio, in “Wolves And Finance,” delivers a sharp editorial unpacking the truth behind Trump’s international tariff policies.

Trump And Kennedy Are Placing Patients First

Trump admin set rules requiring hospitals and insurers to give patients clear price info, aiming to boost transparency and put patients first.

Figures flip the field

Sports programs with strong donor bases and NIL collectives are flipping recruits and transfers at rapid speed, like traders on Wall Street.

Appeals Court Upholds $83 Million Ruling Against Trump

A federal appeals court upheld a jury ruling ordering Trump to pay columnist E. Jean Carroll $83.3M in damages for defaming her.

Video Shows Fatal Stabbing of Ukraine War Refugee: What to Know

Video shows moments before Ukrainian refugee Iryna Zarutska was killed on a Charlotte light rail, raising new concerns over crime and public safety.

Border Czar Says ICE Will Target More Businesses After Enforcement Operation at Hyundai

Trump administration to expand immigration enforcement, targeting more businesses after detaining hundreds at a Georgia Hyundai plant.

Education Department to Issue Guidance Protecting Right to Prayer, Trump Says

President Donald Trump on Sept. 8 announced that the Department of Education will issue new guidance protecting the right to prayer.

Trump Runs out of Patience With China, Sharpens His Words

President Donald Trump’s recent remarks targeting China and its allies mark a noticeable shift in tone.

Trump Signs Order Renaming Department of Defense as Department of War

President Donald Trump on Sept. 5 signed an executive order renaming the Department of Defense as the Department of War.

Trump Signs Executive Order Targeting Countries That Unlawfully Detain Americans

President Trump signed an EO on targeting the unlawful detention of American citizens around the world and to facilitate the release of hostages.

Trump Sends Warning to Venezuela After US Military Strikes Boat Allegedly Carrying Drugs

President Trump sent a warning to Venezuela after the U.S. military struck what the administration says was a boat carrying drugs in the Caribbean.
spot_img

Related Articles

Popular Categories

MAGA Business Central