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ARTICLE · 21 JULY 2025

Copper Tariffs And Strategic Trade Policy

Steptoe LLP
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US President Donald Trump's self-imposed tariff deadline of July 9 has come and gone, yielding only two finalized trade agreements and one preliminary deal.

United StatesInternational Law

US President Donald Trump's self-imposed tariff deadline of July 9 has come and gone, yielding only two finalized trade agreements and one preliminary deal. The next deadline, August 1, will see trading partners rushing to Washington once again to negotiate favorable trade deals for their countries. Adding yet more to the trade agenda, Trump announced last Tuesday he plans to impose a 50% tariff on all imported copper on the same day that "reciprocal" tariffs are set to go into effect. This announcement—arriving months earlier and 25% higher than originally anticipated—is expected to generate further shocks to global supply chains and add yet another layer of complexity to future trade negotiations.

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