Azerbaijan and Croatia reaffirm partnership during Speaker Jandroković’s visit to Baku
President of the Republic of Azerbaijan Ilham Aliyev welcomed a Croatian delegation led by Gordan Jandroković, Speaker of the Croatian Parliament, ma...
President Donald Trump has launched a fresh investigation into U.S. copper imports, signaling a potential new round of tariffs aimed at bolstering domestic production of a metal critical to electric vehicles, military hardware, the power grid, and numerous consumer goods.
In an executive order signed on Tuesday, Trump directed Commerce Secretary Howard Lutnick to initiate a national security probe under Section 232 of the Trade Expansion Act of 1962 - the same authority used during his first term to impose 25% tariffs on steel and aluminum. The probe is intended to determine whether U.S. reliance on imported copper - amounting to 45% of the country’s consumption last year - poses a national security risk, particularly in light of efforts by countries like China to dominate the global copper market through state subsidies and excess production capacity.
“American industries depend on copper, and it should be made in America, no exemptions, no exceptions,” Lutnick said during the signing, emphasizing that the investigation would cover all forms of copper imports, including raw mined copper, concentrates, copper alloys, scrap copper, and derivative products. The White House official, speaking on condition of anonymity, noted that any potential tariff rate would be determined based on the findings of the investigation, with Trump expressing a clear preference for tariffs over quotas.
The move marks the latest in a series of tariff orders since Trump resumed his White House residency last month. Already, a 10% levy on all imports from China is in place, with 25% duties on goods from Canada and Mexico set to take effect next week. Additional tariffs on steel, aluminum, and motor vehicles are also either imminent or under fast-track development.
The new probe has rattled markets, with stocks falling on Wall Street for the fourth consecutive day amid growing uncertainty over Trump’s evolving trade policies. In after-hours trading, shares of Freeport-McMoRan, the world’s largest copper producer, surged 5%, buoyed by expectations that tighter U.S. protections could benefit domestic producers. However, companies like London-based Antofagasta, currently developing the Twin Metals copper and nickel mine in Minnesota, declined to comment on Trump’s latest actions.
White House trade adviser Peter Navarro asserted that the investigation would be concluded “in Trump time,” underscoring the administration’s resolve to curb what it sees as unfair trade practices that have undermined American manufacturing. Navarro contended that China’s aggressive state subsidies and capacity expansions have decimated U.S. copper production, a trend that the administration aims to reverse.
The probe also comes amid broader geopolitical tensions. Trump’s trade policies have increasingly targeted long-standing U.S. allies, such as Canada and Mexico, while also aiming to pressure adversaries like China. In related news, the administration is also reviewing digital services taxes imposed on U.S. technology firms by other nations.
As the investigation unfolds, the potential imposition of new copper tariffs could significantly reshape global supply chains and impact industries reliant on this critical material. The outcome of the probe remains to be seen, but it underscores the administration’s aggressive stance on protecting U.S. industrial interests in a rapidly shifting global trade landscape.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Czech Republic election winner ANO hopes to conclude negotiations with two small parties on forming a new government by the beginning of November, party leader Andrej Babis said on Wednesday (8 October).
Türkiye on Wednesday slammed an intervention by Israeli forces against a flotilla attempting to deliver humanitarian aid to Gaza as an act of piracy and a violation of international law.
Caretaker French Prime Minister Sebastien Lecornu struck a cautiously optimistic tone on Wednesday (8 October), saying a deal could potentially be reached on the country's budget by year end, making the risk of a snap election more remote.
Four people have been confirmed dead after a six-storey building collapsed in central Madrid while being converted into a hotel, authorities said, following a 15-hour rescue effort involving drones and sniffer dogs.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 8th of October, covering the latest developments you need to know.
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