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Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images U.S. President Donald Trump said Thursday that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. The decision was made after he … Read more
Asian markets largely shrugged off the Trump administration’s latest announcement of tariff rates on some of its trading partners, as the U.S. president also seemingly pushed the start date for new taxes to Aug. 1. On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S’s trading partners. … Read more
Markets extended their downward slide on Tuesday as investors remained wary about the looming tariff deadline, with the S&P 500 dipping 0.07%. After a celebratory June, which saw the S&P 500 reach record highs, July is off to a gloomy start. The threat of tariffs looms once again for investors, as President Trump insists he … Read more
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday. The rates will “boomerang back” to the sometimes very high levels which President Donald Trump had announced on April 2 — before he suspended the levies … Read more
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