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Copper price soars to record as Trump announces 50% tariff
Copper prices jumped by double digits on Tuesday after US President Donald Trump announced plans to implement a 50% tariff on the industrial metal. “I believe the tariff on copper we’re going to make it 50%,” Trump said when asked by a reporter what the rate on those products would be.
Copper market in turmoil as Trump touts 50% tariff on imports
United States President Donald Trump sowed fresh chaos in metals markets by indicating the U.S. would implement a higher-than-expected 50 per cent tariff on copper imports, spurring a record spike in New York futures and a drop in the global benchmark.
While investors feel like they may understand Trump's negotiating tactics by now, tariffs could soon show up in earnings and ...
Mike Wilson, CIO and chief U.S. equity strategist at Morgan Stanley, joins CNBC's 'Power Lunch' to discuss market outlooks, ...
Trump's flurry of trade war updates this week included a 50% tariff on copper. The news sent copper prices soaring to records on Tuesday. Morgan Stanley flagged two public companies that are set ...
Research house says the shares should be trading more than 30 per cent higher and CSL is unlikely to be seriously affected by ...
Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...
President Donald Trump's tariffs have had several unintended effects on the economy, but the unease they have created in the ...
Shaking up a market that’s very good to our two big miners is a big threat. But don’t forget what BHP and Rio Tinto do have ...
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