USA: Imposition of duties on imported copper to protect national security – what Trump ordered

The President of the United States, Donald Trump, signed a Tuesday, an executive decree that instruments the Minister of Commerce, Howard Latnik, to conduct an investigation into the need to impose additional duties on copper imports. Trump argued that this issue may be a threat to both national security and financial stability of the United States “Copper is a metal of critical importance, and supply with it is essential for our national security,” the Republican said. In the Oval Office, “but the flood of foreign copper in the US market has been a severe blow to national production.” “I will investigate if there is a need to implement potential customs duties. US industries depend on copper and should be able to supply it to the US, indefinitely, “Haward Latnik said. For the US Secretary of Commerce, “duties could allow our copper industry to be rebuilt, if necessary, and strengthen the […]
Source: News Beast

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