India to Assess Impact of U.S. Copper Tariff as Trade Tensions Escalate

India’s Mines Minister has confirmed that the government will formally evaluate the implications of the United States’ newly announced 50% tariff on copper imports. The move, announced by U.S. President Donald Trump on July 8, is part of a broader protectionist push targeting strategic sectors including critical minerals, pharmaceuticals, and semiconductors.

 

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Outlook: While the immediate impact on India’s copper sector may be moderate due to diversified demand, the tariff adds pressure on bilateral trade talks. The government’s response will likely shape future copper export strategies and influence broader trade policy alignment with the U.S.

 

Sources: News18, Business Standard, Firstpost, CNBC-TV18, Financial Express.