Donald Trump, Copper and Tariff
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U.S. President Donald Trump announced on Wednesday a new 50% tariff on copper to start on August 1 in a bid to promote domestic development of an industry critical to defense, electronics and automobiles.
🤦🏼♀️ Good god, Trump is actively trying to destroy whole industries on his way out the door. Forget the defense industry, this decimates the construction industry. Between his tariffs on lumber, steel, and COVID his first term — how many times can he screw over builders his second… https://t.co/9HFPYELoVj
President Donald Trump's threats to impose high tariffs on countries make U.S. trading partners and investors nervous. But his sector tariffs could hurt consumers and businesses more in the long run.
By David Lawder, Andrea Shalal and Julia PayneWASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump launched his global tariff assault into overdrive on Wednesday, announcing a new 50% tariff on U.