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President Trump signed an executive order directing an investigation into foreign production of copper and imports into the U.S., potentially leading to new tariffs due to national security concerns and unfair trade practices. The inquiry, led by commerce secretary Howard Lutnick, aims to protect the domestic copper industry crucial to manufacturing, construction, and defense. The move follows Trump’s previous tariff threats on various imports and his administration’s focus on addressing trade imbalances and protecting American industries.
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