Trump’s 50% copper tariffs disrupt US market as buyers cut imports and postpone orders
Copper tariffs imposed by President Donald Trump have triggered a surge of interest among traders seeking to bring their imports to the U.S. As the anticipated 50% tax looms closer, there’s evidence that demand for metal is diminishing across the country, from Texas to New Jersey. Sam Desai, vice president of RM-Metals, a New Jersey-based […]
Business Leader Changes Stance on Trump and Tariffs
Ken Langone Reflects on Trump’s Tariff Policies and Presidency Ken Langone, the co-founder of Home Depot, shared his thoughts on President Donald Trump’s tariff policies on Tuesday, noting that earlier concerns didn’t mean he was completely opposed to the president. His remarks came during an appearance on “Squawk Box,” right before the Bureau of Labor […]
China’s Economic Growth Slows Due to Tariffs
China’s Economic Growth in Q2 2025 China’s economy saw a growth of 5.2% in the second quarter of 2025, as reported by the Chinese government. This figure is a slight drop from the 5.4% growth in the first quarter but is better than the expected forecast of 5.1% from analysts. Various media outlets have interpreted […]
Rick Santelli Dismisses Claim That Trump Tariffs Would Increase Inflation
Tariffs and Inflation: New Insights Rick Santelli, an editor at CNBC, commented on Tuesday that the tariffs introduced by President Donald Trump don’t seem to have led to a significant increase in inflation, based on the latest consumer price data. The Consumer Price Index (CPI) reported a 2.7% increase year-on-year in June, which was largely […]
New tariffs from Trump have sparked a renewed rise in gold prices. Here’s how experts are investing.
Gold Prices Surge Amid Tariff Concerns Recently imposed tariffs by US President Donald Trump on the European Union and Mexico, set at 30%, are causing gold prices to rise. On Monday, gold reached a three-week high as investors flocked to it—typically viewed as a safe haven during uncertain times. As of 10:20 PM Monday, Spot […]
Copper Tariffs Could Be a Dangerous Bet for U.S. Industry
Impact of Proposed Copper Tariff on US Industry Recently, the Trump administration suggested a steep tariff—50%—on imported copper. This move is expected to significantly drive up copper prices across various American industries, which in turn will likely raise the prices of copper-containing products for consumers. The situation is straightforward: the U.S. relies on imports for […]
US investors need to be cautious about becoming too comfortable with tariffs
Donald Trump is back at it, breathing life into his protectionist stance after signing a “big and beautiful bill” that kept taxes in check. Just last week, he decided to extend the 90-day pause on the so-called “liberation day” import duties until August 1. He sent out some pretty pointed letters and social media posts […]
Stocks Remain Stable After Trump’s New Tariffs on Canada, Mexico, and the EU
US Stocks Steady Amid Tariff Threats US stocks remained stable on Monday, indicating that Wall Street is becoming somewhat desensitized to tariff threats from President Donald Trump. The Dow Jones Industrial Average was holding its ground at noon, while the S&P 500 was barely changed, and the Nasdaq Composite gained 0.25%. On Saturday, Trump announced […]
Peace in 50 Days or Full Tariffs
Trump Discusses NATO and Ukraine Support During a meeting with NATO leader Mark Latte on Monday, President Donald Trump shared insights regarding NATO’s financial contributions to Ukraine, which include billions worth of US military supplies such as Patriot missiles. He also issued a warning to Russian President Vladimir Putin: if there’s no resolution to the […]
Trump sets a 50-day ultimatum for Putin to establish peace or deal with significant tariffs.
Trump Announces Tariffs on Russia Amid NATO Discussions On July 14, 2025, President Donald Trump met with NATO Executive Director Mark Latte at the White House, where he unveiled plans for stringent tariffs on Russia. Trump stated that if Russia does not reach a peace agreement within the next 50 days, tariffs could escalate to […]