Trump imposes 50% tariff on copper imports, ends de minimis tariff exemption

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President Donald Trump announced a 50% tariff on certain copper imports starting Friday, the same day the widespread “Liberation Day” duties are scheduled to kick in.

In a flurry of trade news on Wednesday, Trump hit Brazil with a 40% tariff rate, announced 25% tariffs on India, and revealed an oil and trade deal with Pakistan. The White House also revoked a global tariff exemption for small packages known as the de minimis exemption.

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