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Trump Says 50% Copper Tariff To Take Effect Aug. 1

Trump Targets Copper, Brazil Vows Response to 50% Tariff Threat. Latest Trade News.

The exchange with the South American nation suggests the U.S. president also sees trade as a tool to influence other policies of foreign countries.

· 1d · on MSN

Trump sets 50% US tariffs on copper, Brazilian imports starting in August

bne IntelliNews on MSN · 1d

US imposes 50% tariffs on Brazilian imports, copper from August 1

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Trump threatens a 35% tariff on Canadian goods, and he may double what most other nations are charged

President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its mo...

· 9h

Donald Trump threatens new tariffs on Canada

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Trump's tariffs: What's in effect and what could be in store?

· 10h

Trump is sowing confusion in the markets

“This is not consistent,” Sløk adds. “Either the bond market is wrong, and rates must move higher due to accelerating growth. Or, equity markets are wrong, and stocks have to move lower because growt...

· 13h

Asia is reeling from Trump's tariff salvo – is anyone winning?

· 15h

Stock indexes are back at record highs — even if individual stocks aren’t

16h

Heard on the Street Recap: Copper Keeps Shining

What Happened in Markets Today Copper prices—and mining stocks—rose after Trump confirmed a 50% tariff on the metal will take effect Aug. 1. Prices for the [metal hit record highs](

9hon MSN

50% tariff & 'witch hunt' cry: Why Trump is going all-out against Brazil; is it beyond economics?

Donald Trump's 50% tariff on Brazilian imports has ignited a diplomatic clash with President Lula, who decried “tutelage” and vowed retaliation. Trump

Wealth Professional2h

Copper tariffs and Delta surge drive record highs on Wall Street

On Thursday, a 50 percent US tariff on imported copper—set to take effect August 1—drove Freeport-McMoRan shares up 3.6 percent and lifted copper prices 1.9 percent to US$5.59 per pound, as reported by CNBC .

Trump issues tariff notices to 7 minor trading partners, hits Brazil with 50% tariff

The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes.com. Read more at straitstimes.com.

Why copper tariffs are different

The copper market does not appear to think Trump is going to chicken out on his 50 per cent tariffs on the red metal. The copper price rose 13 per cent when the levy was announced — reflecting, presumably, a rush to build US inventories ahead of the tariff’s implementation — and has stayed there. And that’s even after rising steadily for months:

Trump tariffs live updates: Brazil, copper hit with 50% tariffs as India seeks to dodge Trump's BRICS wrath

President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.