The president announced the new tariff after what he described as a „robust national security assessment.“
President Donald Trump announced on Wednesday night that the United States will impose a 50 percent tariff on copper, effective August 1.
Trump wrote on Truth Social that he came to the decision after a „robust NATIONAL SECURITY ASSESSMENT.“The Context
The president made a number of tariff-related announcements this week, rekindling his earlier threats against nations that are both U.S. allies and adversaries, accusing them of treating America unfairly.
He said on Wednesday that the U.S. will impose a 50 percent tariff rate on Brazilian imports. Trump cited a U.S. trade deficit as part of the reason, even though the U.S. had a $7.4 billion goods trade surplus with Brazil as of last year.
He also mentioned former Brazilian President Jair Bolsonaro in his tariff announcement, suggesting that his decision to impose the levies was based in part on his personal relationship with Bolsonaro.
