Trump Declares Major Tariffs on Copper and Pharmaceuticals, Sending Markets Reeling
Trump Declares Major Tariffs on Copper and Pharmaceuticals, Sending Markets Reeling President Donald Trump has announced a sweeping new 50% tariff on all copper imported into the United States, a move that immediately sent copper prices surging to all-time highs. Speaking at a Cabinet meeting on Tuesday, President Trump confirmed the significant levy, though the exact implementation timeline remains unclear. This marks the fourth broad tariff imposed by the Trump administration during its second term, following existing duties on imported…