Categories: Business

Trump reverses Biden-era rules on copper smelters

By Jarrett Renshaw and Ernest Scheyder WASHINGTON (Reuters) -U.S. President Donald Trump on Friday reversed a Biden-era air pollution rule that had imposed stricter limits on emissions from copper smelters. The copper rule, finalized in May 2024, had required smelters to curb pollutants including lead, arsenic, mercury, benzene and dioxins under updated federal air standards. Trump's proclamation grants a two-year exemption from compliance for affected stationary sources, which the White House said would help promote American mineral security by reducing regulatory burdens on domestic copper producers. "Imposing these requirements on such a limited and already strained domestic industry risks accelerating further closures, weakening the Nation’s industrial base, undermining mineral independence, and increasing reliance on foreign-controlled processing capacity," the White House said in announcing the changes. The U.S. currently has only two copper smelters, one in Arizona and the other in Utah. Freeport-McMoRan and Rio Tinto, which operate the two U.S. copper smelters, were not immediately available to comment. Trump signed an executive order earlier this year that identified copper as a critical material for defense, infrastructure and emerging technologies, including clean energy and electric vehicles. It led to a Section 232 investigation to determine whether copper imports threaten U.S. national security, particularly due to dependence on a small number of foreign suppliers. Following the review, the administration imposed a 50% tariff on certain imported copper and mandated that an increasing percentage of high-quality scrap copper produced in the U.S. be sold domestically. (Reporting by Jasper Ward; editing by Costas Pitas and Sam Holmes)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Trump announces 10% increase in tariffs on Canada

WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday he was increasing tariffs on Canada…

2 minutes ago

Softbank approves remaining $22.5 billion of OpenAI investment, The Information reports

(Reuters) -Softbank has approved a second installment of $22.5 billion to complete its $30 billion…

3 minutes ago

Al Nassr keep perfect record with help of Ronaldo and Joao Felix goals

VIDEO SHOWS: HIGHLIGHTS OF AL NASSR BEATING AL HAZEM 2-0 IN THE SAUDI PRO LEAGUE…

10 minutes ago

Soccer-Liverpool slump continues with loss at Brentford

LONDON, Oct 25 (Reuters) - Champions Liverpool suffered a fourth successive Premier League defeat as…

32 minutes ago

Al Nassr keep perfect record with help of Ronaldo and Joao Felix goals

VIDEO SHOWS: HIGHLIGHTS OF AL NASSR BEATING AL HAZEM 2-0 IN THE SAUDI PRO LEAGUE…

33 minutes ago

UPDATE 19-NCAAF Results

Oct 25 (Stats Perform) - Results from the NCAAF games on Saturday (home team in…

53 minutes ago