tariff

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X @Bloomberg
Bloomberg· 2025-07-10 13:41
Former Vice President Mike Pence criticized Donald Trump’s tariff agenda, saying it was a starkly different approach to trade from his first term that would harm American consumers and businesses https://t.co/uzP5lPcP7R https://t.co/1u62C4mpFN ...
X @Bloomberg
Bloomberg· 2025-07-10 12:14
Former Vice President Mike Pence criticized Donald Trump’s tariff agenda, saying it was a starkly different approach to trade from his first term that would harm American consumers and businesses https://t.co/gXL6y3mWJB ...
Trump Says 50% Tariff on Copper Imports to Be Effective August 1
Bloomberg Television· 2025-07-10 05:53
Tariff Impact & Market Dynamics - A 50% tariff on copper is designed to encourage domestic investment, exceeding industry expectations [1] - The industry anticipates a rush to import copper into the US before the August 1st deadline to avoid tariffs, potentially rerouting shipments to destinations like Hawaii or Puerto Rico [2] - Traders aim to profit from selling copper at higher US prices after the tariffs are imposed [2] US Copper Industry & Policy - The US government prioritizes copper as a critical mineral for emerging technologies [4] - Copper is valuable in lithium-ion batteries, data centers, and military applications [5] - The aim is for American companies to supply copper to high-tech industries, encouraging domestic capacity building [5][6] - The US is heavily reliant on copper imports, unlike steel or aluminum, making it challenging to quickly build domestic factories [6] - Concerns exist that the tariff will hurt American consumers and manufacturers in the short term due to import reliance [6]
X @The Economist
The Economist· 2025-07-09 22:40
Donald Trump’s recent tariff proclamations have elicited a shrug. Panic has given way to placidity. Yet if markets do not react to announcements of damaging policies, then nothing will force the president to back off https://t.co/eHuno66wte ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-09 22:15
Trump is threatening a 50% tariff on Brazilian goods, citing treatment of its former President Jair Bolsonaro https://t.co/XYMc5q6EYr ...
Trump Says He’ll Set 50% Copper Tariff, Wait Year on Drug Levies
Bloomberg Television· 2025-07-09 16:09
Trade Policy on Pharmaceuticals - Tariffs of 200% will be imposed on pharmaceuticals brought into the country after a grace period of approximately one year to one and a half years [1] - The policy aims to address the departure of pharmaceutical companies to other locations [2] Trade Policy on Metals and Other Goods - Steel and aluminum tariffs are set at 50% [2] - Lumber tariffs have recently been implemented [2] - Copper tariffs are also set at 50% [2][3] - Tariffs have been implemented on cars [2] Expansion of Trade Policy - The company will announce policies related to pharmaceuticals, chips, and other significant sectors [2]
X @Investopedia
Investopedia· 2025-07-09 13:30
Shares of American metals firm Freeport-McMoRan surged Tuesday as President Donald Trump said at a Cabinet meeting that he would impose a 50% tariff on copper imports. https://t.co/XjLp1A4Yhp ...
X @CoinDesk
CoinDesk· 2025-07-09 10:55
$BTC, stocks, interest rates and yields ignore @realDonaldTrump's tariff rhetoric, likely expecting the U.S. President to chicken out again on deadlines. By @godbole17.https://t.co/Fft3q4kAHe ...
X @Bloomberg
Bloomberg· 2025-07-09 06:29
President Trump has sowed chaos in metals markets with threats of a higher-than-expected 50% tariff on copper imports.Get the latest on this and the rest of the news you need to start your day with the Bloomberg Daybreak Europe Podcast: https://t.co/w1maEvA8sN ...