💨 Abstract

President Trump has ordered a new probe into potential tariffs on copper imports, aiming to revive domestic production of the metal essential for electric vehicles, military hardware, semiconductors, and various consumer goods. The investigation, under Section 232 of the Trade Expansion Act of 1962, targets China's alleged dominance of the global copper market and seeks to protect U.S. industries and national defense.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖