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U.S. President Donald Trump announced plans to impose a 50% tariff on copper imports starting August 1, raising concerns in Quebec, home to Canada’s sole copper smelter and a major refinery. Industry leaders are apprehensive about the potential impact on integrated supply chains and jobs, recalling negative effects from previous tariffs on steel and aluminum.
Explain It To Me Like I’m 5: U.S. President Donald Trump’s plan to impose heavy tariffs on copper imports starting August 1 is raising concerns in Quebec, home to Canada’s only copper smelting facility, as industry leaders fear it could disrupt the integrated copper supply chain between the two countries.
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