U.S. President Donald Trump on Tuesday ordered a probe into possible tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles, military hardware, semiconductors and a wide range of consumer goods.
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.
China's commerce ministry on Thursday urged the United States to halt its tariff probe into copper imports as soon as possible, vowing to resolutely oppose it if U.S. goes ahead with the action.
U.S. listed copper stocks shot higher today as investors took a shine to President Trump’s warning that imports of the metal could be a
Koppers CEO addresses tariff impacts and strategies. Facing copper tariff challenges, the company plans cost cuts to boost profitability.