Trump Says 50% Copper Tariff To Take Effect Aug. 1
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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](
12hon MSN
Donald Trump's 50% tariff on Brazilian imports has ignited a diplomatic clash with President Lula, who decried “tutelage” and vowed retaliation. Trump
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.
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.
Trump’s latest threat—a 10% tariff on nations backing BRICS “anti-Americanism”—isn’t just bluster. It puts a price tag on ideological alignment, and for countries like India or Saudi Arabia, it adds friction to what was once a low-cost platform for geopolitical posturing.