Peter Navarro told Newsmax on Tuesday that President Donald Trump’s executive order earlier in the day calling for an investigation into how copper imports threaten U.S. national security and economic stability could help stem a “crisis” caused by the mineral being dumped into the U.S. marketplace.
The order directs Commerce Secretary Howard Lutnick to “initiate a Section 232 investigation under the Trade Expansion Act of 1962. This investigation will assess the national security risks arising from the United States’ increasing dependence on imported copper, in all its forms, and the potential need for trade remedies to safeguard domestic industry.”
Navarro, Trump’s senior adviser for trade and manufacturing, told “Rob Schmitt Tonight” the investigation will be similar to actions that resulted in Trump announcing earlier this month a 25% tariff on all aluminum and steel imports.
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