Trump, Stocks and Copper Futures Drop
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Stock indexes edged higher on Thursday, with investors weighing the latest trade announcements from U.S. President Donald Trump, while the Brazilian real recovered some losses following Trump's announcement of a 50% tariff on goods from Brazil.
President Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's tariff actions and their impact on global trade.
US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.
The S&P 500 and Nasdaq Composite pulled back from record levels as investors await President Trump’s new trade deals and tariff updates. Tesla shares sank after CEO Elon Musk jumps back into politics.
The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced before — or even after — the deadline on Aug. 1.
Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Upending the Copper Market President Trump announced a 50% tariff on copper imports on July 8, aligning it with existing tariffs on steel and aluminum, as part of a strategy to bolster domestic industries and strengthen trade negotiations.
Market volatility has dropped to near its lowest levels of the year and stocks are trading at record highs as anxiety over Donald Trump’s tariffs melts away despite the latest escalation of his trade war.
Trump’s tariffs and the fast-moving trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.