Trump, copper and tariff
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🤦🏼♀️ Good god, Trump is actively trying to destroy whole industries on his way out the door. Forget the defense industry, this decimates the construction industry. Between his tariffs on lumber, steel, and COVID his first term — how many times can he screw over builders his second… https://t.co/9HFPYELoVj
Trump said on Tuesday that he would impose a 50% tariff on copper. Though the remarks were light on specifics, his comments sent the metal to all-time highs.
The sector-specific tariffs are putting pressure on businesses and foreign nations as they try to navigate Trump's constantly evolving trade agenda.
Copper shipments into the United States are expected to accelerate in the coming weeks in a final scramble to get metal across the border before U.S. President Donald Trump's higher than expected 50% tariff on imported copper takes effect.
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President Donald Trump has sent letters to 14 countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1
President Donald Trump pledged a 50% tariff on Brazil, accusing the country of carrying out a "witch hunt" against its former president.