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Trump announces 50% tariff on copper effective August 1
U.S. President Donald Trump announced on Wednesday a new 50% tariff on copper to start on August 1 in a bid to promote ...
Freeport McMoRan, Southern Copper Stocks Rise. Trump Reveals 50% Tariff Start Date.
U.S.-listed mining stocks are rising. Freeport-McMoRan, the largest miner by market value, added 2.6% to $46.76 in premarket trading. Southern Copper gained 2.3% to $102.25. Newmont, which is also a ...
Trump's 50% copper tariff could raise the cost of appliances, EVs and other goods, experts warn
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
Trump’s copper tariff is ushering in a Golden Age of scrap metal
President Trump’s 50% tariffs on copper, due to start August 1, are causing unusual distortions in the metal markets. Copper is now 25% more expensive in New York than London. And there’s a rally in ...