Fact Sheet: President Donald J. Trump Takes Action to Address the Threat to National Security from Imports of Copper

Published: Jul 31, 2025 09:36
STRENGTHENING AMERICA’S COPPER INDUSTRY: Today, President Donald J. Trump signed a Proclamation to address the effects of copper imports on America’s national security, including by imposing tariffs on several categories of copper imports.

The White House

STRENGTHENING AMERICA’S COPPER INDUSTRY: Today, President Donald J. Trump signed a Proclamation to address the effects of copper imports on America’s national security, including by imposing tariffs on several categories of copper imports.

  • The Proclamation imposes universal 50% tariffs on imports of semi-finished copper products (such as copper pipes, wires, rods, sheets, and tubes) and copper-intensive derivative products (such as pipe fittings, cables, connectors, and electrical components), effective August 1.
    • The copper 232 tariffs apply to the copper content of a product; non-copper content of a product remains subject to reciprocal tariffs or other applicable duties. These tariffs do not stack.
    • The copper 232 tariffs do not stack with auto 232 tariffs. If a product is subject to auto 232 tariffs, then the auto 232 tariffs apply, not the copper 232 tariffs.
    • Copper input materials (such as copper ores, concentrates, mattes, cathodes, and anodes) and copper scrap are not subject to 232 or reciprocal tariffs.
  • The Proclamation directs the Secretary of Commerce to establish a product “inclusion” process to add copper derivative products to these tariffs.
  • The President is also authorizing the Secretary of Commerce to take steps under the Defense Production Act to support the domestic copper industry, including:
    • Requiring 25% of high-quality copper scrap produced in the United States to be sold in the United States. This will improve access to this important feedstock for domestic fabricators and secondary refiners.
      • Commerce also recommended an export licensing requirement for high-quality copper scrap to ensure adequate domestic supply.
    • Requiring 25% of copper input materials (such as copper ores, concentrates, mattes, cathodes, and anodes) produced in the United States to be sold in the United States – starting at 25% in 2027, increasing to 30% in 2028 and 40% in 2029. This will boost U.S. refining capacity by ensuring low-cost inputs while domestic refiners grow their operations.
  • By taking these actions, President Trump is leveling the playing field for U.S. copper businesses to support a strong domestic copper industry.

ADDRESSING THE EFFECTS OF COPPER IMPORTS: The Proclamation follows the Secretary of Commerce’s completion of a Section 232 investigation under the Trade Expansion Act of 1962, as amended.

  • President Trump directed the initiation of the Section 232 investigation through Executive Order 14220 of February 25, 2025, “Addressing the Threat to National Security from Imports of Copper.” The investigation found that:
    • Copper is essential to the manufacturing foundation on which U.S. national and economic security depend. Copper is a necessary input in a range of defense systems, including aircraft, ground vehicles, ships, submarines, missiles, and ammunition. It is the Department of Defense’s second-most used material, and it plays a central role in the broader U.S. industrial base.
    • Foreign competitors’ predatory practices and excessive environmental regulations have undercut the American copper industry and domestic investment in smelting, refining, and fabrication facilities.
    • The U.S. now has a massive trade deficit in, and an unsustainable dependence on, many foreign copper products.

REVITALIZING DOMESTIC INDUSTRY AND REDUCING TRADE IMBALANCES: This Proclamation builds on previous actions taken by the Trump Administration to ensure U.S. trade and industrial policies serve the national interest.

  • On Day One, President Trump established his America First Trade Policy to make America’s economy great again.
  • President Trump signed Proclamations to close existing loopholes and exemptions and elevate tariffs on steel and aluminum to 50%.
  • President Trump implemented a 10% additional tariff on imports from China in response to China’s role in the border crisis.
  • President Trump imposed reciprocal tariffs to take back America’s economic sovereignty and address nonreciprocal trade relationships that threaten our economic and national security.
  • President Trump has issued several Executive Orders and Presidential Memoranda to boost mining, manufacturing, and investment in domestic industry, including by reducing regulations and eliminating bureaucracy.
  • President Trump signed a Memorandum to safeguard American innovation, including the consideration of tariffs to combat digital service taxes, fines, practices, and policies that foreign governments levy on American companies.
  • President Trump has initiated several other Section 232 investigations in addition to the one on which he is taking action today.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Mongolia Seeks to Renegotiate "Unfair" Terms of $18B Rio Tinto Copper Mine Deal
3 hours ago
Mongolia Seeks to Renegotiate "Unfair" Terms of $18B Rio Tinto Copper Mine Deal
Read More
Mongolia Seeks to Renegotiate "Unfair" Terms of $18B Rio Tinto Copper Mine Deal
Mongolia Seeks to Renegotiate "Unfair" Terms of $18B Rio Tinto Copper Mine Deal
According to a Monday report by the Financial Times, Mongolia was seeking to renegotiate the "unfair" commercial terms of the $18 billion Oyu Tolgoi copper mine owned by mining giant Rio Tinto.The report said Mongolian Prime Minister Gombojavyn Zandanshatar stated at a meeting that the current agreement between the two sides was "unfair."The report said Mongolian government officials would meet with Rio Tinto executives this week to discuss the terms of the deal.
3 hours ago
Fortescue Completes Acquisition of Alta Copper, Secures 100% Stake in Peru's Caariaco Mine
3 hours ago
Fortescue Completes Acquisition of Alta Copper, Secures 100% Stake in Peru's Caariaco Mine
Read More
Fortescue Completes Acquisition of Alta Copper, Secures 100% Stake in Peru's Caariaco Mine
Fortescue Completes Acquisition of Alta Copper, Secures 100% Stake in Peru's Caariaco Mine
Diversified Mining Company Fortescue has completed the acquisition of Alta Copper, securing the Caariaco copper mine project in northern Peru.The acquisition was carried out through a Canadian plan of arrangement, under which Fortescue subsidiary Nascent.Exploration acquired all issued and outstanding shares of Alta Copper not already held by the group.Following the completion of the transaction, Fortescue holds a 100% stake in the Caariaco copper mine.Fortescue CEO Gus Pichot said that copper remains central to the company’s diversification strategy.
3 hours ago
Lundin Mining to Pay $215M for 5% More in Caserones Mine, 30.9% in Los Helados; Stake Rises to 75%
3 hours ago
Lundin Mining to Pay $215M for 5% More in Caserones Mine, 30.9% in Los Helados; Stake Rises to 75%
Read More
Lundin Mining to Pay $215M for 5% More in Caserones Mine, 30.9% in Los Helados; Stake Rises to 75%
Lundin Mining to Pay $215M for 5% More in Caserones Mine, 30.9% in Los Helados; Stake Rises to 75%
Base Metal Producer Lundin Mining Agreed to Pay $215 Million to Purchase an Additional 5% Stake in the Caserones Copper/Molybdenum Mine in Chile and a 30.9% Stake in the Nearby Los Helados Project.These assets were acquired from JX Advanced Metals and its affiliates.Once the transaction is completed, Lundin Mining’s ownership interest in the business will increase from 70% to 75%.
3 hours ago