President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper. However, it’s unclear when the new tariff would take effect.

U.S. President Donald Trump on Tuesday said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals, broadening his trade war that has rattled markets worldwide.

Chile, the world's No. 1 copper producer, is in wait-and-see mode after U.S. President Donald Trump announced a surprise 50% tariff on imports of the red metal, with the Andean nation blindsided while its top miner held out hope of exemptions.

W ASHINGTON—President Trump decided to delay the implementation of his so-called reciprocal tariffs to Aug. 1 after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time, according to people familiar with the matter.

Trump delays tariff deadline to Aug. 1, warning dozens of nations to finalize trade deals or face steep new duties. Follow Newsweek's live blog.

President Donald Trump plans to announce trade deals and deliver tariff warnings on Monday, as countries negotiated through the weekend to avoid the highest punitive measures on their exports to the US before a Wednesday deadline.

Wall Street's main indexes largely held firm on Tuesday, as jitters over President Donald Trump's latest tariff offensive were offset by mounting hopes that fresh talks with U.S. trading partners could avert a full-blown global tariff war.

Iron ore fluctuated as US President Donald Trump signaled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs.

Donald Trump has revived his threat to hit major trading partners with steep “reciprocal” tariffs even as he granted a three-week reprieve for countries to negotiate trade deals with the US. The president on Monday sent letters to Japan and South Korea,