Trump set to announce 50 percent tariff on copper

United States President Donald Trump has said he will announce a 50 percent tariff on copper, hoping to boost domestic production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.

Trump told reporters at a White House cabinet meeting that he planned to make the copper tariff announcement later in the day, but did not say when the tariff would take effect.

“I believe the tariff on copper, we’re going to make 50 percent”, Trump said.

US Comex copper futures jumped more than 12 percent to a record high after Trump announced the planned tariff, which came earlier than the industry had expected, with the rate steeper.

After Trump spoke, Secretary of Commerce Howard Lutnick said in an interview on CNBC that the tariff would likely be put in place by the end of July or August 1. He said Trump would post details on his Truth Social media account sometime on Tuesday.

In February, the administration announced a so-called Section 232 investigation into US imports of the red metal. Such an investigation allows the US Department of Commerce to analyse the impact of an import on national security. The deadline for the investigation to conclude was November, but Lutnick said the review was already complete.

“The idea is to bring copper home, bring copper production home, bring the ability to make copper, which is key to the industrial sector, back home to America”, Lutnick said.

The National Mining Association declined to comment, saying it preferred to wait until details were released. The American Critical Minerals Association did not immediately respond to requests for comment.

Copper is used in construction, transportation, electronics and many other industries. The US imports roughly half of its copper needs each year.

Copper supplies

Major copper mining projects across the US have faced strong opposition in recent years due to a variety of reasons, including Rio Tinto and BHP’s Resolution Copper project in Arizona and Northern Dynasty Minerals’s Pebble Mine project&nbsp, in Alaska.

Shares of the world’s largest copper producer, Phoenix-based Freeport-McMoRan, shot up nearly 5 percent in Tuesday afternoon trading. The company, which produced 1.26 billion pounds of copper in the US last year, did not immediately respond to a request for comment.

Freeport, which would benefit from US copper tariffs but worries that the duties would hurt the global economy, has advised Trump to focus on boosting US copper production.

Chile, Canada, and Mexico, the top producers of refined copper, copper alloys, and copper products in the US in 2024, are the countries that are most likely to be affected by any new US copper tariff, according to US Census Bureau data.

Three of the US’s biggest copper suppliers, Chile, Canada, and Peru, have informed the Trump administration that imports from their nations are not subject to tariffs and do not violate US interests. With the US, all three countries have free trade agreements.

The Mexican Department of Finance, the Ministry of Foreign Affairs of Chile, and the Secretariat of Mexico’s Economy did not respond to requests for comment right away. The leading copper miner in Chile, Codelco, and the country’s mining ministry both declined to comment.

Because the nation is years away from meeting its needs, a 50% tariff on copper imports would have an impact on US businesses that use the metal, according to Ole Hansen, head of commodity strategy at Saxo Bank.

Tunisian court hands lengthy prison sentences to ex-officials

According to the Tunis Afrique Press (TAP) news agency, a Tunisian court has sentenced 21 well-known politicians and former top officials, including opposition leader Rached Ghannouchi, to jail terms.

The rulings on Tuesday represent President Kais Saied’s most recent expansion of his crackdown on critics and political opponents.

Ghannouchi, the Ennahdha party leader, was given a maximum sentence of 14 years in prison. Former prime minister Youssef Chahed and former minister of foreign affairs Rafik Abdessalem Bouchlaka were among the others who received a 35-year absentia sentence.

Nadia Akacha, Saied’s former chief of staff, was also given a 35-year prison term in absentia, the TAP reported.

The defendants are accused of conspiring against internal state security and forming and forming a “terrorist” organization.

The former foreign minister, Bouchlaka, criticized the sentences on Tuesday, saying that the Tunisian government has “becomedy in front of the world with its immaturity, recklessness, and craziness.”

In a social media post, Bouchlaka wrote that “this lying, deceptive coup regime will leave like the dictators, tyrants, and fraudsters that left before it.”

Since Saied suspended the elected parliament and formally ruled by decree in 2021, many opposition leaders, journalists, and critics of him have been imprisoned, according to the opposition.

Said has been accused of using the police and the judiciary to harm his political rivals by critics. Many warn that the democratic gains made in the Arab Spring’s birthplace since the revolution that overthrew Tunisian leader Zine El Abidine Ben Ali in 2011 are being steadily resisted.

Saied refutes the accusations and claims that his actions are legitimate and intended to end years of chaos and widespread corruption.

Ennahdha disputes the group’s accusations. After the uprising of 2011, Ghannouchi and former President Beji Caid Essebsi reached a power-sharing agreement to bring Tunisia back to democracy.

Ennahda’s Tunisian headquarters was shut down by the Tunisian government last year. Gannouchi, 84, is already serving time in prison for political-related offenses.

He was given a 22-year sentence in February for “plotting against state security.”

US envoy Steve Witkoff suggests Gaza ceasefire deal is close

An aide to United President Donald Trump has suggested a Gaza ceasefire is close, saying Washington hopes to see an agreement finalised by the end of the week.

“We’re in proximity talks now, and we had four issues, and now we’re down to one after two days of proximity talks,” special US envoy Steve Witkoff told reporters at the White House on Tuesday.

“So we are hopeful that by the end of this week, we will have an agreement that will bring us into a 60-day ceasefire.”

Witkoff said the deal would see the release of 10 Israeli captives and the bodies of nine. He added that the Trump administration thinks the deal “will lead to a lasting peace in Gaza”.

Earlier on Tuesday, Israeli Prime Minister Benjamin Netanyahu told reporters in Washington, DC, that while Israel “still has to finish the job in Gaza”, negotiators are “certainly working” on a ceasefire.

Trump and Netanyahu dined together on Monday at the White House during the Israeli leader’s third US visit since the president began his second term on January 20.

The two leaders are to meet again later on Tuesday.

“He’s coming over later. We’re going to be talking about, I would say, almost exclusively Gaza. We’ve got to get that solved,” the US president told reporters at a cabinet meeting in the White House on Tuesday.

“It’s a tragedy, and he wants to get it solved, and I want to get it solved, and I think the other side wants to.”

Qatar confirmed on Tuesday that Hamas and Israeli delegations are in Doha to discuss the ceasefire proposal.

“There is a positive engagement right now. The mediation teams – the Qataris and the Egyptians – are working around the clock to make sure that there is some consensus built on the framework towards the talks,” Qatari Ministry of Foreign Affairs spokesperson Majed al-Ansari said.

Israel’s war on Gaza has killed more than 57,500 Palestinians, internally displaced nearly the entire population of the enclave and placed hundreds of thousands of people on the verge of starvation.

United Nations experts and rights group have described Israel’s military campaign in Gaza as a genocide.

Netanyahu suggested on Monday that the US and Israel are working to ensure the mass displacement of Palestinians from Gaza – an idea first proposed by Trump in February.

Israeli officials have been framing the push to remove all Palestinians from Gaza Gaza as an effort to encourage “voluntary migration” from the territory.

“If people want to stay, they can stay, but if they want to leave, they should be able to leave. It shouldn’t be a prison. It should be an open place and give people a free choice,” Netanyahu told reporters.

Rights advocates said the removal of Palestinians from Gaza, which would amount to ethnic cleansing, cannot be considered voluntary.

Prominent legal expert Ralph Wilde said that with the widespread destruction, siege and daily attacks in Gaza, the concept of free choice to stay there or leave “is a lie”.

As deadly storms in Texas subside, eyes turn to gov’t response to floods

The hope of finding survivors of the catastrophic flooding in the US state of Texas continues to dim a day after the death toll surpassed 100, and crews kept up the search for people missing in the aftermath.

As the storms that had battered the Hill Country for the past four days began to subside, more attention was being paid to the government’s response.

Questions are mounting about what, if any, actions local officials took to warn campers and residents who were spending the July Fourth holiday weekend in the scenic area long known to locals as “flash flood alley”.

At public briefings, officials in hard-hit Kerr County have deflected questions about what preparations and warnings were made as forecasters warned of life-threatening conditions.

“We definitely want to dive in and look at all those things,” Kerrville City Manager Dalton Rice said on Monday. “We’re looking forward to doing that once we can get the search and rescue complete.”

Some camps were aware of the dangers and monitoring the weather. At least one moved several hundred campers to higher ground before the floods. But many were caught by surprise.

Debate has also intensified over how state and local officials reacted to weather alerts forecasting the possibility of a flash flood and the lack of an early warning siren system that might have mitigated the disaster.

On Monday, Texas Lieutenant Governor Dan Patrick promised that the state would “step up” to pay for installing a flash-flood warning system in Kerrville by next summer if local governments “can’t afford it”.

“There should have been sirens,” Patrick said in a Fox News interview on Monday. “Had we had sirens here along this area … it’s possible that we would have saved some lives.”

The Houston Chronicle and New York Times reported that Kerr County officials had considered installing a flood-warning system about eight years ago, but dropped the effort as too costly after failing to secure a $1m grant to fund the project.

In San Antonio and in Washington, Democrats are questioning whether cuts at the National Weather Service (NWS) affected the forecasting agency’s response to catastrophic and deadly flooding in Central Texas.

The White House and Texas Governor Greg Abbott have denied the allegations and accused them of “politicising” the disaster.

The NWS’s San Antonio office is responsible for forecasting the area’s weather, collecting climate data and warning the public about dangerous conditions. Texas officials criticised the NWS over the weekend, arguing it failed to warn the public about impending danger.

The office issued a stream of flash flood warnings on Thursday and Friday across its digital and radio services, which are used to communicate with public safety professionals, according to alert records.

The messages grew increasingly urgent in the early hours of Friday morning. The team sent an emergency text message to area mobile phones at about 1:14 am, calling it a “dangerous and life-threatening situation”.

Phones must have reception or be near a cell tower to receive that message, said Antwane Johnson, former director of the Public Alert Team for the US Federal Emergency Management Agency (FEMA). Mobile coverage is spotty in areas around the Guadalupe River, according to Federal Communications Commission records last updated in December.

“Even though those messages were issued, it does not mean it got to the people who needed them,” said Erik Nielsen, who studies extreme rain at Texas A&M University.

Here’s a closer look at the timeline of how the floods hit Texas and what warnings were sent when:

July 2

  • The Texas Division of Emergency Management announces that the agency “activated state emergency response resources in anticipation of increased threats of flooding in parts of West and Central Texas heading into the holiday weekend”.
  • In a statement, the agency urges Texans to “monitor local forecasts and avoid driving or walking into flooded areas”.

July 3

  • 9:47am (14:47 GMT) – The Texas Division of Emergency Management posts warnings on social media of “the flood threat in West & Central TX”. These urge drivers to check road conditions before heading out and to turn around upon seeing water.
  • 3:35pm (20:35 GMT)- The NWS Austin/San Antonio office issues a flood watch for portions of the western Hill Country.
  • 11:14pm (04:14 GMT) – NWS issues a flash flood warning for Bandera County, marking the first official warning to go out.

July 4 

  • 1:14am (06:14 GMT) – A flash flood watch is issued for Bandera and Kerr counties. More than a dozen flash flood warnings for counties across the affected areas will be issued by mid-morning. A mobile alert goes out to all mobile phones with reception in the area. Three more warnings are sent in the next few hours, according to the New York Times.
  • 3:30am (08:30 GMT) – The level of the Guadalupe River at Hunt in Kerr County has grown from 2.3 to 5.1 metres (7.7 to 16.8 feet), according to the New York Times. With the water so high, the gauge goes offline for an estimated three hours.
  • 4:35am (09:35 GMT) – The river level hits 8.8m (29 feet) in Hunt County, according to meteorologists at San Antonio TV station KSAT. The water makes its way rapidly downriver. Ten minutes later, it crests at 7m (23 feet) in Kerrville.
  • 5-7am (10-12:00 GMT)- According to CBS, NWS sends out three mobile phone messages in Kerr County reading: “This is a PARTICULARLY DANGEROUS SITUATION. SEEK HIGHER GROUND NOW!” News reports have noted that mobile service can be patchy in the more rural parts of Kerr County, and that some residents, accustomed to seeing flood warnings, were inclined to ignore them.
  • 5:15am (10:15 GMT) – NWS reports “record high” water in Hunt.
  • 6:29am (11:29 GMT) – The City of Kerrville Police Department (KPD) urges all residents who live near the Guadalupe to evacuate. “This is a life threatening event,” the KPD writes in a Facebook post. “Do not wait.”
  • 7am (12:00 GMT) – The KPD and firefighters begin evacuating residents. Reunification sites and shelters are set up across town, including at a church and Walmart.
  • 9:30am (14:30 GMT) – The Kerr County Sheriff’s Office announces fatalities, saying it will not release details until the next of kin have been notified. “This is a catastrophic flooding event,” reads a Facebook post. “The entire county is an extremely active scene. Residents are encouraged to shelter in place and not attempt travel. Those near creeks, streams, and the Guadalupe River should immediately move to higher ground.”
  • Throughout the morning and afternoon, news of fatalities trickles out. Officials announce that around 20 children are unaccounted for at Camp Mystic. The camp later confirmed that 27 campers and counsellors died.
  • 3:45pm (20:45 GMT) – The river gauge begins recording again, according to the New York Times. By now, the level at Hunt has dipped back to 9 feet. Although rains continue to lash the region, the river reaches extreme heights as it moves further downstream.