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Of all the Trump tariffs, the one on copper may be the hardest to square with his narrative. The U.S., like the rest of the world, has an insatiable appetite for copper.
As President-elect Donald Trump vows to impose tariffs on imports from China, Mexico and Canada, economists are warning that a retaliatory trade war could cause major financial damage for ...
By the time Trump signed the tariffs Saturday afternoon, a top aide suggested nothing less than a complete stop in illegal immigration and an end to US fentanyl deaths would satisfy Trump’s demands.
During his first term, Trump imposed tariffs on steel and aluminum imports, resulting in price increases for Americans. [6] In December 2021, a metric ton of hot-rolled band steel was $1,855 in the U.S. compared to $646 in China and $1,031 in Europe. [7] The World Trade Organization later ruled that the implementation violated global trade ...
Trump campaigned on a promise to "unleash America's $50 trillion in untapped shale, oil, and natural gas reserves, plus hundreds of years in clean coal reserves." [134] Trump's proposed 2018 budget aimed to cut $1.5 billion (~$1.79 billion in 2023) of funding from the Department of Interior. [135]
The 10% tariffs on China will add to 10% to 25% duties that Trump imposed on many Chinese imports during his first term, and which former President Biden kept in place.
On May 24, 2017, Pope Francis met with Trump in Vatican City where they discussed the contributions of Catholics to the United States and to the world. Trump and the Pope discussed issues of mutual concern including how religious communities can combat human suffering in crisis regions, such as Iraq, Syria, Libya, and ISIL-controlled territory.
Copper prices on the London Metal Exchange plummeted below $6,000 Thursday for the first time in a year as trade escalations between the US and China put the metal on track for its worst monthly ...