Trump, Tariffs and Stock Market
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Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
Following the passage of its tax cut and spending bill last week, the Trump administration promised more trade deals
Mining stocks rallied in pre-market trading Thursday after President Trump confirmed the U.S. will impose 50% tariffs on global copper imports beginning August 1, the day he has scheduled his "reciprocal" tariffs to go into effect.
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,
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.
U.S.-listed mining stocks are rising. Freeport-McMoRan, the largest miner by market value, added 2.6% to $46.76 in premarket trading. Southern Copper gained 2.3% to $102.25. Newmont, which is also a major producer of gold, was up 0.6% to $59.10.
World shares mostly climbed on Wednesday, following a choppy trading day on Wall Street as the Trump administration seeks to win more favorable trade deals with nations around the globe. In early trading,
U.S. stock futures are higher as investors eye President Donald Trump's next tariff move and minutes from the last Federal Reserve policy meeting.