President Trump wants America to produce more of the much-needed mineral, but a 50 percent tariff could undermine his aim of a manufacturing renaissance.

While the bilateral trade negotiations are in the final stages of discussion between India and the US, the tariffs announced on copper and pharmaceutical are expected to disrupt the industrial supply chains,

Trump announced a 50% tariff on copper imports Tuesday, triggering a jump in U.S. copper prices that could cause an increase in metal theft.