Trump issues blitz of tariff announcements on copper, Brazil, small-value imports
Source: Reuters
Trump issues blitz of tariff announcements on copper, Brazil, small-value imports
Ernest Scheyder, David Shepardson and Gabriel Araujo
Wed, July 30, 2025 at 2:17 PM EDT
5 min read
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened levies on imports of copper and on goods from Brazil to ending an exemption from tariffs for small-value shipments from overseas.
The wave of announcements came as the clock ticked down toward an August 1 deadline for higher tariff rates to kick in on goods imported from most of the world as Trump presses on with his bid to reshape global trade. The president also touted what he said was a deal with South Korea that would include a 15% U.S. tariff on imports from the country.
Capping a day that began with Trump announcing a 25% tariff rate on goods from India after months of negotiations between Washington and New Delhi failed to produce a trade deal, Trump said a 50% tariff on copper pipes and wiring would kick in on Friday.
Details of the levy, though, fell short of the sweeping restrictions expected and left out copper input materials such as ores, concentrates and cathodes.
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Read more: https://www.yahoo.com/news/articles/trump-imposes-50-tariff-copper-181711319.html