In a fresh string of announcements on Tuesday, US President Donald Trump mentioned sectors that can become part of his new tariff plans. The Trump administration is planning to impose 50% tariffs on copper imports and up to 200% duties on the pharmaceutical sector.

President Donald Trump said he planned to implement a 50% duty on copper imports as part of a set of looming sectoral tariffs, while also indicating he could offer pharmaceutical manufacturers at least a year before applying a crippling 200% tariff on their foreign-made products.

The deals are mostly my deal to them,” Trump said. “We’re picking a number that’s low and fair.” The president added that the U.S. will be implementing a new 50% tariff on copper imports. “Today we’re doing copper.