14 March | Other

US Commerce Secretary announces upcoming tariffs on copper imports

US Commerce Secretary announces upcoming tariffs on copper imports

US 25% tariffs on steel and aluminum imports will remain in place until US domestic production is strengthened. Similar measures will also apply to copper, US Commerce Secretary Howard Lutnick stated.

He also announced his willingness to hold a meeting with Ontario Premier Doug Ford after the latter takes office. They will discuss trade relations between the two countries.

According to Lutnick, steel and aluminum are among essential products that must be produced in the US for national security reasons. The same goes for copper. In late February, President Donald Trump ordered the Commerce Secretary to assess the feasibility of imposing tariffs on copper imports.

Elena Berseneva MarketCheese
Period: 11.09.2025 Expectation: 42000 pips
Buying ETHUSD targeting $4,790 as price eyes upper channel breakout
Today at 11:15 AM 15
Brent sell
Period: 31.10.2025 Expectation: 175 pips
Selling Brent from $68.6
Today at 11:15 AM 19
Period: 12.09.2025 Expectation: 250 pips
Autumn onset drives gas prices higher
Today at 10:07 AM 20
Gold buy
Period: 30.09.2025 Expectation: 9000 pips
Buying gold up to $3,600 following correction
Today at 10:03 AM 36
Period: 11.09.2025 Expectation: 1600 pips
Selling USDJPY with 146.600 in view amid fundamental dollar weakness
Today at 09:24 AM 12
Period: 31.12.2025 Expectation: 900 pips
AUDUSD picks up steam to 0.6600
Yesterday at 11:25 AM 73
Go to forecasts