President Trump wants America to produce more of the much-needed mineral, but a 50 percent tariff could undermine his aim of a manufacturing renaissance.

The relative value of the greenback has fallen 5.8% over the past three months and more than 11% since the start of 2025.

The U.S. negotiating team seemed stretched too thin to score the trade concessions Trump expected would come at the end of the 90-day tariff reprieve.

Sharing screenshots to Truth Social, the president revealed blanket tariffs on imports from Japan, South Korea and 12 other countries if they do not reach new trade deals with the United States by August. The steep duties range from 25% to 40% on all imported goods and were announced via letters sent to the leaders of each country.

President Donald Trump says he will put a 50% tariff on copper imports before noting the value of the versatile metal.