Trump Spares Copper Market From Worst With 50% Duty on Products

A worker checks copper anode plates at the Codelco El Teniente processing facility in Machali, Chile.

Photographer: Cristobal Olivares/Bloomberg

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President Donald Trump imposed a 50% tariff on all semi-finished copper products coming into the US, but stopped short of applying the duty to imported refined copper, sparing domestic industries from potential higher costs.