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Trump is now tackling copper imports02/26/2025, 8:31 a.m. Listen to articleSought-after raw material: liquid copper in a foundry in HamburgWhether in the military or in AI: copper plays an important role in high-tech sectors. Washington is now taking steps for possible tariffs on the raw material. The US copper industry has been weakened "by global actors attacking our domestic production," said Trade Minister Lutnick.US President Donald Trump is considering introducing tariffs on copper imports. He instructed his Trade Minister Howard Lutnick to investigate unfair trade practices related to the import of the metal. "Tariffs will help rebuild our American copper industry and strengthen our national defense," Trump wrote on his Truth Social platform.The US copper industry has been weakened "by global actors attacking our domestic production," explained Lutnick. "In order to rebuild our copper industry, I will consider imposing possible tariffs." Trump's trade adviser Peter Navarro accused China in particular of using industrial overcapacity and dumping prices "to gain control of the global copper markets."USA "will be extremely liquid" Trump is serious: "Tariffs will be introduced as planned"No specific information was released about the amount of any tariffs or when they would be introduced. "It would be premature to speculate about the amount of possible tariffs when the outcome of the investigation is still open," said a government official.The USA is increasingly dependent on copper imports. The metal is used in the military sector, for example in aircraft. However, the increasing demand for the raw material is also linked to the further development of artificial intelligence (AI) and the expansion of data centers required for this.Chile and Canada could be particularly affectedUS government officials did not want to commit to a deadline for the investigation or a possible tariff rate. US tariffs on copper imports would affect, among others, the world's most important copper producers, Chile and Canada."We see how Trump practices predatory capitalism"Two weeks ago, Trump imposed tariffs on steel and aluminum imports into the USA. According to the US President, the additional duties will amount to "25 percent with no exceptions or exemptions" and will be due from March 12.At the beginning of February, Trump had already ordered tariffs of up to 25 percent on all imports from Mexico and Canada, but suspended them shortly afterwards for an initial period of 30 days. The increase in US tariffs by ten percentage points on products from China, which was announced at the same time, came into force as announced.