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China: Trump says to impose 50 pct tariff on copper
Storyline: U.S. President Donald Trump said Tuesday that a new tariff of 50 percent will be imposed on all copper imported into the United States but did not give a specific time when the new tariff will take effect. At a Cabinet meeting Tuesday, Trump said: "I believe the tariff on copper, we're going to make it 50 percent," adding that he is still planning tariffs on select industries, including drugs, semiconductors and metals. Commerce Secretary Howard Lutnick said his department has finished the investigation into copper and he expected the new tariff "likely to be put in place end of July -- maybe August 1." Trump also said on the same occasion that new tariffs as high as 200 percent might be put on foreign-made pharmaceutical products but may not take effect in the near term for purposes of getting more companies to move to the United States. Shotlist: FILE: Yangzhou City, Jiangsu Province, east China - May 2021: 1. Various of copper wire rolls FILE: Anhui Province, east China - Date Unknown: 2. Various of copper production line FILE: Wuxi City, Jiangsu Province, east China - Date Unknown: 3. Various of medicine production line FILE: Los Angeles, USA - Date Unknown: 4. Various of Port of Los Angeles FILE: Washington D.C., USA - Oct 2024: 5. Various of White House 6. Various of Capitol Hill, U.S. national flag. [Restrictions : No access Chinese mainland]
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