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Trump Hits Copper With 50% Tariff, Eyes Pharma and Chips Next

Trump Hits Copper With 50% Tariff, Eyes Pharma and Chips Next

President Trump has announced a 50% tariff on imported copper and says more tariffs are coming soon — including steep levies on semiconductors and pharmaceuticals.

U.S. copper prices jumped over 10% on the news, while global trade partners like Japan and South Korea are scrambling to respond.

Trump claims talks with the EU and China are progressing, but global markets remain on edge as the trade agenda expands with little notice or clarity.

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