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The announcement sent copper futures surging, with US Comex contracts jumping over 12 per cent to a record high, reflecting market surprise at both the timing and the steepness of the proposed rate.
President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper imported into the US. However, it’s unclear when the new tariff would take effect.
By Daina Beth Solomon, Fabian Cambero and Ana Isabel Martinez SANTIAGO/MEXICO CITY (Reuters) -Top officials in Chile and ...
US President Donald Trump has sent letters to six countries, detailing new tariff rates as part of his ongoing trade negotiations, raising concerns about international relations and economic impacts.
Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red ...
U.S. stocks are higher in afternoon trading Wednesday as Wall Street weighs the latest developments in Trump's trade wars.
Federal Reserve officials appear as uncertain over the future trajectory of the U.S. economy as businesses and consumers, ...
President Donald Trump mentioned Tuesday - almost in passing - that he planned to impose a 50% tariff on copper imports. The remark hit like a bombshell and has the potential to shake up U.S. efforts ...
U.S. President Donald Trump's announcement of a proposed 50% tariff on copper imports has raised concerns in Chile and Peru, ...
United States President Donald Trump's proposed 50% tariff on copper imports would affect Mexican exports worth around US $1 billion per year.
"While we are very optimistic about what Trump announced, it's cautious because he has yet to release the details. And ...
Copper prices are rapidly approaching an all-time high, driven by the impending 50% US tariff on copper imports and tightening global supply, despite economic pressures and green energy setbacks.
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