Goldman Told Clients to Go Long Copper a Day Before Price Plunge Goldman Sachs Group Inc.’s salespeople were recommending their hedge fund clients bet on a surge in US copper prices just a day before US President Donald Trump’s tariff decision sent the market crash...

#econsky #tariffs #coppertariff #trade
www.bloomberg.com/news/article...

Joe the Plumber is screwed:
"The proclamation imposes a 50% tariff on semi-finished copper products and copper-intensive derivative products as of August 1.."
#econsky #tariffs #coppertariff #trade #tradewar

Freeport-McMoran stock falls amid Chile’s copper tariff negotiations Investing.com -- Freeport-McMoran (NYSE: FCX) stock fell as much as 5% Monday before paring the decline to 3% as Chile’s Finance Minister expressed optimism about securing an exception to potential U.S. copper tariffs. Chilean Finance Minister Mario Marcel indicated during a Radio Duna interview that he expects copper to be excluded from U.S. tariff plans during ongoing negotiations in Washington. Marcel noted that similar exceptions have been made for raw materials in other trade agreements, citing precedents with the United Kingdom regarding steel and Indonesia concerning copper. "We expect these conversations starting today in Washington to also cover the copper issue, because it wouldn’t be very useful to have a trade agreement that excludes more than half of our exports to the U.S., such as copper and wood," Marcel stated. The potential 50% tariff on copper imports to the United States has created uncertainty for major producers like Freeport-McMoran, which operates significant copper mining assets globally. The Chilean government’s stance appears focused on diplomatic solutions rather than retaliatory measures. Marcel explicitly ruled out implementing counter-tariffs on U.S. imports, explaining that "a tariff is a tax on imports that local consumers have to pay... We are not going to punish our taxpayers by applying a tariff on imports from the U.S." The outcome of these negotiations remains crucial for Freeport-McMoran and the broader copper market, as Chile represents one of the world’s largest copper producers. Any resolution regarding the proposed tariffs could significantly impact global copper trade flows and pricing.

Click Subscribe #FreeportMcMoran #CopperTariff #StockMarket #ChileEconomy #Investing

Excerpt: The copper threat is a big one for American businesses, which use the metal in components for homes, cars, high-tech devices and the power grid as well as data centers. #CopperTariff

Mining firms power UK stocks to record high after 50% U.S. copper tariff confirmed - CNBC Mining firms power UK stocks to record high after 50% U.S. copper tariff confirmed  CNBC

Click Subscribe #Mining #Stocks #CopperTariff #UKFinance #Commodities

President Trump Announces 50% Tariff On Copper, Effective August 1, 2025 - BigBreakingWire U.S. President Donald Trump has announced a 50% tariff on copper imports, set to take effect from August 1, 2025, following a national security assessment.…

President Trump announces 50% copper tariff from Aug 1, 2025, citing national security. Prices hit record $5.68/lb, up 38% YTD. U.S. imported $17B of copper last year, mostly from Chile. Stockpiling surges; costs may rise for cars, electronics.

#DonaldTrump #TrumpTariffs #coppertariff

More 👇

@stephruhle.bsky.social We’d love to hear your thoughts on this tonight. #Copper #CopperTariff

Tuesday Night MILITIAS TAKEN DOWN, AMAZON UNDER INVESTIGATION, CANADIAN BOOZE TAKEOVER, GAZA CAMPS, MORE TARIFFS......

#coleNotCole reports on #domesticterror plot folied in Quebec; USA #CopperTariff 50%; #amazons #fairpricing policy is under investigation for unfair practices.

#cdnpoli #Quebec #USTARIFFS

open.substack.com/pub/colenotc...

Trump announces a steep 50% tariff on copper imports to boost US production, sending copper futures up 12% to record highs. Major suppliers Chile, Canada, and Mexico brace for impact as industry eyes details. #TheWorldPK #TradeWar #CopperTariff

Image from image_2.jpg

US copper prices soared after President Trump announced a 50% tariff on imports, pushing futures to a record $5.69 per pound. The move, part of his broader trade strategy, could raise inflation and complicate Fed interest rate decisions.

#CopperTariff #TradePolicy #InflationConcerns

#trends today for 'copper tariff' 'south carolina' & 'levy garcia'

Click/Tap below:

www.newsmason.com?query=%22cop...

www.newsmason.com?query=%22sou...

www.newsmason.com?query=%22lev...

#coppertariff #southcarolina #levygarcia

Freeport-McMoRan Stock Jumps as Trump Says He'll Impose 50% Copper Import Tariff - Investopedia Freeport-McMoRan Stock Jumps as Trump Says He'll Impose 50% Copper Import Tariff  Investopedia

Click Subscribe #FreeportMcMoRan #CopperTariff #TrumpNews #StockMarket #Investing

US will raise tariffs on copper to 50%, Trump says Similar threats are looming over pharmaceuticals, lumber and semiconductors.

In 2024 the US produced about $10 Billion worth of refined #copper and imported $8.6 Billion. Clearly, #Trump 's 50% #CopperTariff makes no sense whatsoever, like much of what he does. US miners cannot make up the 45 %, so US consumers will pay for this insane #tariff.
www.bbc.com/news/article...

Stock Market Today: Dow Slips 100 Points; Trump Unveils 50% Copper Tariff — Live Updates - WSJ Stock Market Today: Dow Slips 100 Points; Trump Unveils 50% Copper Tariff — Live Updates  WSJ

Click Subscribe #StockMarket #DowJones #FinanceNews #CopperTariff #TrumpNews

Stock Market Today: Dow Slips 100 Points; Trump Unveils 50% Copper Tariff — Live Updates - WSJ Stock Market Today: Dow Slips 100 Points; Trump Unveils 50% Copper Tariff — Live Updates  WSJ

Click Subscribe #StockMarket #DowJones #CopperTariff #Trump #FinanceNews