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X @Bloomberg
Bloomberg· 2025-07-11 07:34
Vietnam’s leadership was caught off guard by US President Donald Trump’s announcement last week that it agreed to a 20% tariff, and the Southeast Asian nation is still seeking to lower the rate, sources say https://t.co/DOTwaTe1hN ...
X @Bloomberg
Bloomberg· 2025-07-11 00:34
BREAKING: Trump says the US will impose a tariff of 35% on goods from Canada starting Aug. 1. https://t.co/POZNYgJsuF ...
X @Bloomberg
Bloomberg· 2025-07-10 22:11
When an $80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze hiring and added an online checkout fee to help cover the cost https://t.co/wcFbHo8hHV ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-10 19:11
Jair Bolsonaro’s supporters are thrilled by President Trump’s threat to charge a 50% tariff on Brazilian goods https://t.co/RAO3usQl85 ...
X @Bloomberg
Bloomberg· 2025-07-10 15:56
US buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to copper products such as wiring, according to officials in Chile https://t.co/gVXbDbbQ4x ...
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]