Trump Says 50 Percent Tariff on Copper Coming—What’s at Stake for Canada?

Rolls of copper wires stored at the Nexans manufacturing facility in Lens, northern France, on May 11, 2022. Denis Charlet/AFP via Getty Images

News Analysis

U.S. President Donald Trump said July 8 that he plans to put a 50 percent tariff on copper imports into the United States. With the U.S. market accounting for over half of Canada’s copper exports, the tariffs could have a significant impact on the Canadian copper industry.