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[Trump Orders Investigation Into Import Tariffs On Copper, Potentially Reshaping Global Supply Chains]U.S. President Donald Trump Has Directed The Commerce Department To Study The Imposition Of Tariffs On Imported Copper, Stating That The Move Will Have a "Significant Impact." According To Unnamed Officials, Global Copper Market Dumping And Overcapacity Are Affecting U.S. Domestic Production, Posing a Threat To Weapon Systems And Critical Product Supply Chains. The Investigation Is Being Conducted Under Section 232 Of The Trade Expansion Act, Which Grants The President The Authority To Impose Trade Restrictions On National Security Grounds. Trump Previously Used This Law To Impose a 25% Tariff On Steel And Aluminum, With Plans To Implement It In March. The Exact Tariff Rate For Copper Has Yet To Be Determined.
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