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Economists have long been warning of a tariff-driven boost to US inflation. The next report on consumer prices will put their conviction to the test.
Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.
Copper is used in a wide variety of products from electronics, wiring, machinery and cars. The U.S. produces a majority of ...
President Trump wants America to produce more of the much-needed mineral, but a 50 percent tariff could undermine his aim of ...
The post Trump's 50 Percent Copper Tariff Will Drive Up Prices for Tech, Homes, Military Equipment, and More appeared first ...
With a 50pc US tariff on the cards, Donald Trump's trade war is creating concern and opportunity for investors in copper ...
As U.S. prices remain elevated despite larger-than-usual inventories, the gap in U.S. Comex futures over those on the LME has fluctuated between $500 and $1,500 since Trump announced a probe into ...
Ole Hansen, head of commodity strategy at Saxo Bank, told CNN: "A 50 percent increase will be a massive tax on consumers of copper. Watch what Trump does, not what he says.