Copper Shock: 50% US Tariff Slams Indian Exports
The United States will impose a hefty 50% tariff on semi-finished copper and copper-based products imported from India, effective August 1, 2025. This decision, announced on July 31, 2025, cites national security concerns under Section 232 of the Trade Expansion Act.
The move is expected to significantly impact Indian copper exporters, many of whom rely heavily on the US market. Industry experts predict substantial job losses and a potential ripple effect across the domestic copper sector.
This protectionist measure from the US raises concerns about escalating trade tensions between the two nations. Negotiations are likely to intensify as India weighs its response to this significant trade barrier.
The impact extends beyond immediate economic losses. This tariff could trigger a reassessment of India’s export strategies and diversification efforts to reduce dependence on a single market. The government’s response and potential retaliatory measures will be closely watched.
