Trump, Copper and Tariff
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President says Canada’s tariff retaliation, lack of progress on curbing fentanyl smuggling is behind new import penalty
The sector-specific tariffs are putting pressure on businesses and foreign nations as they try to navigate Trump's constantly evolving trade agenda.
President Trump said Tuesday that an ongoing investigation of tariffs on copper will end with 50% duties on the metal, and he threatened 200% tariffs on pharmaceuticals.
3don MSN
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
Donald Trump has revived his threat to hit major trading partners with steep “reciprocal” tariffs even as he granted a three-week reprieve for countries to negotiate trade deals with the US.
US stocks close the day and week lower after Trump slaps Canada with a 35% tariff, escalating tensions. Bitcoin hit a new record high for a third day.
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