AsianFin -- U.S. President Donald Trump’s proposed 50% tariff on copper imports will extend to semi-finished products used in power grids, defense systems, and data centers, Bloomberg News reported Thursday, citing sources familiar with the matter.

Trump announced on Wednesday that the tariffs would take effect on August 1, part of a broader push to boost domestic production in industries deemed vital to national security and technological competitiveness, including defense, electronics, and automotive manufacturing.