Trump plans to impose 50% tariff on copper imports
發佈日期: 2025-07-09 20:30
TVB News
U.S. President Donald Trump has announced plans to impose a tariff of 50 percent on all copper imported into his country. And he will introduce long-threatened levies on semiconductors and pharmaceuticals.
He also reiterated his threat of 10 percent tariffs on products from members of the BRICS group of countries.
Still, the U.S. president claimed trade negotiations with China and the EU are going well.
Speaking during a cabinet meeting on Tuesday, U.S. President Donald Trump said a new tariff of 50 percent will be imposed on all copper imported into the United States but did not give a specific time when the new tariff will take effect.
Trump added he is still planning tariffs on select industries, including drugs, semiconductors and metals.
He also said new tariffs as high as 200 percent might be put on foreign-made pharmaceutical products but may not take effect in the near term for purposes of getting more companies to move to the United States.
The U.S. president reiterated his threat of an additional 10 percent tariff on imports from Brazil, India and other members of the BRICS group of countries that have discussed creating alternatives to the U.S. dollar.
U.S. President DONALD TRUMP: "The dollar is king. We're going to keep it that way, okay? And I'm just saying, if people want to challenge it, they can, but they're going have to pay a big price and I don't think any of them are willing to pay that price."
Trump said trade talks have been going well with the European Union and China.
Trump said he will "probably" tell the European Union within two days what rate it can expect for its exports to the U.S., adding that the 27-member bloc had been treating his administration "very nicely" in trade talks.
The EU, the largest bilateral trade partner of the U.S., aims to strike a deal before August 1st with concessions for key export industries such as aircraft, medical equipment and spirits.
Brussels is also considering an arrangement that would protect European automakers with large U.S. production facilities.
The U.S. and China agreed to a trade framework in June. With many details still unclear, traders and investors are watching to see if it unravels before a separate, U.S.-imposed August 12th deadline or leads to a lasting detente.
Still, Trump claimed his administration has had a "really good relationship with China lately."
DONALD TRUMP: "I think we have had a really good relationship with China lately and we're getting along with them very well. They've been very fair on our trade deal, honestly, and I hope we're going to have a great relationship. I'm getting along with President Xi very well. We speak often. And with all of that being said, and I understand what you say, but I think we're getting along with China very well."
Meanwhile, U.S. Treasury Secretary Scott Bessent said Washington has taken in about 100 billion U.S. dollars in tariff income so far this year.
He claimed this could grow to 300 billion dollars by the end of 2025 as collections accelerate from Trump's trade campaign.
Trump himself, referencing his new deadline for the higher reciprocal tariff rates, said the big money will "start coming in on August 1st."
