President Donald Trump has announced that the U.S. will impose a 50% tariff on imported copper, marking a significant escalation in his broader tariff policy aimed at Copper tariff of 50% announced by Trump during cabinet meeting discussion critical U.

Earlier this week, President Donald Trump sent ripples across the commodities sector with the announcement that he will impose a 50% tariff on copper imports. According to a CNBC report, Trump implied that additional sector-specific levies would be just over the horizon.

President Donald Trump threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, ramping up his trade rhetoric in comments that weighed on stocks and boosted the US dollar.

Gold prices climbed 1% to a one-week high on Friday as investors rushed towards safe-haven assets after U.S. President Donald Trump widened the global trade war with an announcement of new tariffs. Spot gold was up 1% to $3,

President Trump said Tuesday that an ongoing investigation of tariffs on copper will end with 50% duties on the metal, and he threatened 200% tariffs on pharmaceuticals.

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

Copper and other industrial metals extended losses after US President Donald Trump injected fresh uncertainty into his trade agenda with a pledge to impose a 10% tariff on countries aligned with the BRICS bloc of nations.

Trump's tariff announcement delays implementation to August, impacting 14 countries. Markets fall as currencies weaken and exporters decline. Key levels analysed.