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NRF CEO Matt Shay: The tariff extensions are great for retailers
CNBC Television· 2025-07-09 19:45
Well, I I think one of the reasons we haven't seen a dramatic spike in price increases yet has been in part because many of these tariffs have been suspended. Although many of them have gone on, 10% have gone on and a number of sectoral tariffs have gone on and some of the emergency tariffs have gone related to fentanyl and other things. So, there plenty of tariffs that have gone on, but the but the massive increases on the reciprocal side haven't been levied yet.So that's been part of it. Part of it has be ...
X @The Economist
The Economist· 2025-07-09 19:40
Although Donald Trump has tempered his Liberation Day barrage, tariffs have been relentlessly creeping up. Contrary to received wisdom, this is hurting America's economy https://t.co/vMj3VCbjWe ...
X @Cointelegraph
Cointelegraph· 2025-07-09 17:45
🇺🇸 JUST IN: Trump says there have been “very few complaints” about tariffs. https://t.co/a99Qj0BwEH ...
Copper Market in Turmoil as Trump Touts 50% Tariff on US Imports
Bloomberg Television· 2025-07-09 17:17
Well, it would if they can sell it into the US market, because in the US market, the copper price right now about $5.60% a pound is about 20 to 30, about 20 almost 30% above the same price it trades in London. In the rest of the world, that's those tariffs kicking in. So any way to get copper to the US and sell them for that market is wonderful.The problem is the copper in London is actually looks like it just peaked around $10,000 a tonne is right now the equivalent of a US price, about $4.40%. So that pre ...
X @The Economist
The Economist· 2025-07-09 17:00
How do Americans feel about tariffs? When asked if they believe tariffs on goods imported to America should be increased or decreased, Republicans and Democrats are divided, according to new polling from YouGov and The Economisthttps://t.co/6SUf2xU50T https://t.co/iemoaA4R1z ...
X @CNN Breaking News
CNN Breaking News· 2025-07-09 16:09
President Trump threatens more countries with tariffs as high as 30%. The new levies would go into effect August 1, pending negotiations https://t.co/YjJh39rUub ...
The President Who Cried Wolf? Trump kicking tariff deadline down the road again
MSNBC· 2025-07-09 15:18
Today was meant to be the president's big deadline for countries to reach trade deals with the US. But since he punted that date to next month, instead this morning, we have promises of more tariffs on the way. Now he's threatening 50% tariffs on copper imports and up to 200% on pharmaceuticals imported into the US.The president also posting on social media that more trade letters could go out to countries today after he sent 14 of them on Monday. NBC News business and data correspondent Brian Chung is here ...
X @Bloomberg
Bloomberg· 2025-07-09 11:00
Global stocks are mixed as traders assess the President Trummp's latest salvo on tariffs. Get market insight on Bloomberg Surveillance. @tomkeene @ptsweeney are LIVE on Youtube https://t.co/m9IglISGoz ...
Copper Market Turmoil Amid Trump's Touting 50% Tariff
Bloomberg Television· 2025-07-09 06:04
Anson, how big a moment is this then, in the metal market that you have covered for a number of years. Of course. It's a very big moment.I think Jill, who was speaking earlier, is absolutely right. This 50% tariff on copper was well telegraphed. Trump's been talking about putting levies on imports of copper since February.He said he wants to bring copper home. Make of that what you will. But the 50% level is what is the surprise here.The market was really pricing in and analysts were broadly expecting a 25% ...