President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper. However, it’s unclear when the new tariff would take effect.

US President Donald Trump on July 8 confirmed steep new tariffs targeting copper and pharmaceutical imports, including a 50 per cent levy on copper and potential 200 per cent tariffs on medicines.

U.S. President Donald Trump indicated a sweeping 50% tariff on all copper imports into the country, significantly escalating ongoing global trade tensions. The 50% copper tariff will likely take effect at the end of July or on August 1,