Any tariffs on copper imports will be determined based on the findings of the investigation, Reuters reported on Thursday, citing a White House official. 
He stated that Trump favors imposing a tariff on copper rather than establishing import quotas.
The U.S. president’s decision to initiate the investigation was based on Section 232 of the Trade Expansion Act of 1962, the same provision he used to impose a 25% tariff on steel and aluminum imports.
This decision stems from Trump’s advisers’ belief that China is striving to dominate the global copper market.
White House trade adviser Peter Navarro stated during Trump’s signing of the executive order that China is utilizing government subsidies and excess production capacity to weaken competition and dominate global copper production.
Any tariffs on copper imports will be determined based on the findings of the investigation, Reuters reported on Thursday, citing a White House official.
He stated that Trump favors imposing a tariff on copper rather than establishing import quotas.
The U.S. president’s decision to initiate the investigation was based on Section 232 of the Trade Expansion Act of 1962, the same provision he used to impose a 25% tariff on steel and aluminum imports.
This decision stems from Trump’s advisers’ belief that China is striving to dominate the global copper market.
White House trade adviser Peter Navarro stated during Trump’s signing of the executive order that China is utilizing government subsidies and excess production capacity to weaken competition and dominate global copper production.
