Trump on Tuesday said he would impose 50 per cent tariffs on copper imports, an announcement that reverberated across the market for the world’s most important industrial metal over the past two days. The US president also floated the idea of a 200 per cent tariff on pharmaceuticals.

President Donald Trump says he will put a 50% tariff on copper imports before noting the value of the versatile metal.

Metals are the latest market upended by President Donald Trump after he confirmed long-touted plans to impose a 50% import tariff on copper from August. “America will, once again, build a DOMINANT Copper Industry,