06/10/2026
Copper importers: the decision lands in 20 days.
On June 30, Commerce delivers its report on U.S. copper markets to the President. What's on the table? Pulling refined copper into Section 232 β with duties already penciled in:
π 15% starting January 1, 2027
π 30% starting January 1, 2028
Right now, cathodes, anodes, ores, and concentrates are still outside Section 232 scope. That's the feedstock for electrical, construction, and electronics manufacturing β and it's one report away from a very different duty bill.
Quick recap of how we got here:
β Aug 2025: 50% tariffs on semi-finished copper + copper-intensive derivatives (inputs excluded)
β Apr 2026: duties shifted to full customs value β 50% copper articles, 25% derivatives
β Jun 2026: U.S.-origin threshold dropped to 85%, and copper smelt-and-cast reporting is coming
If refined copper is your input, the time to model 2027 costs is now β not after the proclamation drops.
June 30 isn't a milestone. It's a decision point.