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

“Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%.

  • Red0ctober@lemmy.worldOP
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    22 hours ago

    Guess construction costs are about to skyrocket again. Strangely, I don’t see how this is supposed to motivate manufacturers to onshore. Must be my weak lib brain unable to comprehend dear leader’s brilliant plans /s

    • thanks AV@lemmy.world
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      21 hours ago

      Idk anything about copper but adding tarrifs to our already world leading pharmaceutical costs is definitely going to be the win Americans need after losing Medicare coverage lmao

    • CharlesDarwin@lemmy.world
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      18 hours ago

      I just heard one of his bootlicks trying to mansplain how Powell just doesn’t understand Taconomics, LOL.