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Trump Trade: President Trump Orders Tariff Probe Into U.s. Copper Imports

The Trump administration has launched a national security investigation into potential tariffs on copper imports, aiming to counter what it sees as China's efforts to dominate the global copper market. The move is seen as an effort to bolster domestic production and support U.S. companies in the sector. Copper import tariffs could have significant implications for the industry, including Freeport McMoRan and other publicly traded companies.

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Tariffs Take Aim: Trump's Trade Posturing Sparks Global Uncertainty Δ1.84

US President Donald Trump is aiming to reshape the country's trade policy using one of his preferred economic tools: tariffs. Here's where things stand with various US trade partners: China: Duties on China went into effect in early February, and China retaliated. Beijing on Friday reportedly vowed to use all necessary countermeasures to the additional 10% tariff on Chinese imports Trump plans to impose in March. Canada and Mexico: After reneging on plans earlier this month, Trump has once again threatened to impose 25% across-the-board tariffs on US neighbors Canada and Mexico.

Trump Triggers Trade War with Tariffs on Canada, China and Mexico Δ1.84

President Donald Trump has implemented a new set of tariffs, imposing a 25% duty on imports from Mexico and Canada, alongside a 20% increase on Chinese goods, escalating trade tensions with these major partners. The tariffs, aimed at addressing concerns over drug trafficking and economic competition, are expected to disrupt nearly $2.2 trillion in annual U.S. trade and provoke immediate retaliatory measures from Canada and China. Economic analysts warn that this trade conflict could lead to significant downturns for both the U.S. and its trading partners, further complicating an already fragile global economy.

Trump Orders New Tariff Probe Into US Lumber Imports Δ1.83

U.S. President Donald Trump has ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25% tariffs on all Canadian and Mexican goods due next week. The probe covers derivative products made from lumber, including furniture such as kitchen cabinets, which could include U.S.-made lumber exported abroad. The investigation would expedite the Commerce Department's review, but no specific timeline has been set.

Us President Donald Trump Imposes Tariffs on China Δ1.83

The US President has announced plans to impose additional tariffs on Chinese imports as part of his trade policy aimed at reshaping the country's economic landscape. The new tariffs will be in addition to existing duties and are expected to have a significant impact on global trade and inflation rates. The move is seen as a response to China's retaliatory measures against US goods.

Lumber Under Siege: Trump Orders Investigation Into National Security Harm Δ1.83

US President Donald Trump is ordering the Commerce Department to launch an investigation into the national security harm posed by lumber imports, laying the legal groundwork for new tariffs he’s pledged. The investigation will examine whether exporters like Canada, Germany, and Brazil are dumping lumber into US markets at the expense of American economic prosperity and national security. Officials will also investigate foreign government subsidies, predatory trade practices, and derivative products that may be artificially depressing the price of goods like kitchen cabinetry.

Trump's Tariff Policy Faces Resistance From US Steelmakers and Global Trade Experts Δ1.83

US Commerce Secretary Howard Lutnick has signaled that the scheduled 25% tariffs on steel and aluminum imports, set to take effect on March 12, will not be reprieved. The levies, ordered by President Donald Trump in February, have been met with resistance from US steelmakers who argue they risk hitting domestic companies that use aluminum and steel. Lutnick attributed the policy to cracking down on countries like Russia and China bypassing existing duties.

US Autos, Homebuilders, Materials Take Hits as Trump Trade War Kicks Off Δ1.82

Shares of U.S. companies have come under pressure from the latest escalation in Washington's trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials, due to disruptions in global supply chains and increased costs for imported goods.President Donald Trump imposed 25% tariffs on imports from Mexico and Canada, effective Tuesday, while doubling duties on Chinese imports to 20% to punish Beijing over the U.S. fentanyl overdose crisis.The cumulative duty comes on top of up to 25% tariffs imposed during his first term.

Trump's Tariffs May Impact Global Economy Δ1.82

The ongoing trade tensions and tariffs imposed by the Trump administration are having far-reaching implications for global economies and businesses. The imposition of tariffs on key trading partners, such as Canada and Mexico, has raised concerns about the potential impact on inflation and interest rates. Meanwhile, the US manufacturing sector is experiencing a slowdown due to the tariffs, with production stabilized and destaffing continuing.

US Autos, Homebuilders, Materials Take Hits as Trump Trade War Kicks Off Δ1.82

Shares of U.S. companies have come under pressure from the latest escalation in Washington's trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials. President Donald Trump imposed 25% tariffs on imports from Mexico and Canada, effective Tuesday, while also doubling duties on Chinese imports to 20%. The cumulative duty comes on top of up to 25% tariffs imposed during his first term.

Morning Bid: New Trump Tariffs Take Effect, EU Also in Crosshairs Δ1.82

The U.S. has initiated new tariffs on imports from Canada, Mexico, and China, marking a shift towards a more aggressive trade stance under Donald Trump's administration, with the potential for future tariffs targeting the European Union. Markets reacted swiftly to the news, with a notable sell-off in equities and a flight to bonds, as fears grow over the impact of these tariffs on global economic growth. The ongoing uncertainty surrounding trade policies is prompting traders to anticipate multiple interest rate cuts from the Federal Reserve, further affecting currency dynamics.

Trump Tariffs Live: Trade War as US Hits China, Canada, and Mexico; Military Aid to Ukraine Paused Δ1.82

The United States has imposed significant tariffs on imports from China, Canada, and Mexico, triggering immediate retaliatory measures from affected nations, including additional tariffs from China and a promise of responses from both Canada and Mexico. Concurrently, President Trump has paused military aid to Ukraine, prompting concerns about the country's military readiness and reliance on Western support amid ongoing conflict with Russia. Analysts suggest that these moves may not only escalate tensions in international trade but also shift the dynamics of military support in Eastern Europe.

Trump's Tariffs Risk Economic Turmoil - and Voter Backlash. Δ1.81

The president is making a high-stakes bet that could either reap major political dividends or seriously undercut his second term. Donald Trump has been threatening major tariffs on America's two largest trading partners, Canada and Mexico, for more than a month, and now appears to be taking action. The risk for the president is that his sweeping tariffs may drive up prices for businesses and consumers in the months ahead, damaging the health of the US economy.

Trump Imposes Tariffs on Mexico, Canada, and China Δ1.81

The US has imposed a 25 percent tariff on goods imported from Mexico and Canada, while China faces an additional 10 percent tariff on top of the 10 percent tax previously enacted. This move is expected to raise prices of various products in the US, including food, clothing, fuel, lithium batteries, and more. The tariffs are part of a broader trade strategy aimed at "holding China, Mexico, and Canada accountable" for their promises to halt the flow of poisonous drugs into the US.

Trump's Trade Policy: Tariffs and Tariff Exemptions Δ1.81

US President Donald Trump's trade policy is reshaping US trade relations with friend and foe alike. The implementation of tariffs on key trading partners, including Canada and Mexico, has significant implications for inflation, interest rates, and the broader economy. The recent announcement of a one-month tariff exemption for automakers in the US-Mexico-Canada Agreement also highlights the dynamic nature of Trump's trade policies.

Trump Plows Ahead with New Tariffs that Could Surpass What He Did in His Entire First Term. Δ1.81

Donald Trump's latest tariff deadline arrives tonight, with potential new duties on America's top three trading partners starting tomorrow morning. The promises could match or surpass the economic toll of his entire first term if he keeps them in place. The president is imposing 25% duties on Canadian and Mexican imports following a 30-day pause, and also implementing a second round of 10% duties on Chinese imports to increase the blanket tariffs on that nation to 20%.

The Trump Administration's Tariff Tactics Undermine Global Trade Confidence Δ1.81

Business executives have been in a state of limbo over Donald Trump's fluctuating plans to impose major tariffs since he took office in January. Tuesday's announcement does not end that uncertainty. U.S. President Trump announced Tuesday he would impose 25% tariffs on the nation's two largest trade partners, Canada and Mexico, a move that economists expect will add to costs for U.S. companies that will bear the cost of those tariffs.

Trump Imposes Tariffs on Canada, Mexico with "No Room Left" For Delay. Δ1.81

US President Donald Trump is reshaping the country's trade policy using one of his preferred economic tools: tariffs. The imposition of 25% across-the-board tariffs on its US neighbors starting today marks a significant escalation in trade tensions. Trump's decision to impose tariffs on Canada and Mexico without negotiating with them signals a shift towards protectionism.

Tariffs Imposed by Trump Erode Business Confidence Across U.S Δ1.81

Business executives have been in a state of limbo over Donald Trump's fluctuating plans to impose major tariffs since he took office in January. Tuesday's announcement does not end that uncertainty. The prospect of major levies on foreign imports has dominated corporate America's discussions this year, leading companies to try to mitigate costs with pre-ordering and investments being put on hold.

Trump Tariff Live Updates: Canada, Mexico, China Retaliate as Trump's New Tariffs Go Into Effect Δ1.81

President Donald Trump's newly implemented tariffs have ignited a wave of retaliatory actions from Canada, Mexico, and China, significantly altering the landscape of international trade. Canada has announced a comprehensive set of counter-tariffs amounting to $107 billion on U.S. imports, while Mexico plans to impose tariffs on U.S. goods in response to Trump's 25% levies. China has retaliated with targeted tariffs on U.S. agricultural products, raising concerns about escalating trade tensions and their potential impact on the U.S. economy.

US Stocks Face Tricky Moment as Trump's Latest Tariffs Loom Δ1.81

U.S. stocks face a tenuous moment with the arrival of President Donald Trump's latest tariffs, which are expected to exacerbate concerns about growth and potentially cut into corporate profits. The duties on foreign imports are widely seen by analysts as likely to increase inflation, but investors are still trying to weigh the extent to which the president is using tariffs as a bargaining tool or if they will be lasting policies. Tariffs could pose challenges for companies by complicating supply chains or driving costs higher, leading to potential price increases for consumers.

Trump's Trade Tariffs Shake Global Markets Δ1.81

US President Donald Trump's trade tariffs have reshaped the global market landscape, with significant implications for industries and economies worldwide. The ongoing trade tensions have sparked concerns about inflation, economic growth, and the future of international trade agreements. As the situation continues to unfold, key stakeholders are re-evaluating their strategies to navigate this new trade reality.

The Trump Administration's Trade Favoritism Faces Scrutiny Δ1.81

Trump has now begun the process of offering exemptions to his tariffs, allowing him to dole out favors to those businesses deemed worthy. With President Trump’s tariffs now set to exact a price from thousands of businesses, the stage is set for the next act in the drama: special favors exempting certain applicants from the punishment, giving them an advantage over less-lucky competitors. Just one day after enacting new 25% tariffs on most imports from Canada and Mexico, the Trump administration said it is giving a one-month exemption to three domestic automakers, General Motors, Ford, and Stellantis.

Trump Tariffs Could Be Good for Some Countries, Including the UK Δ1.81

Donald Trump's tariffs on Canada, Mexico, and China are reversing decades of globalization, creating uncertainty for American consumers and businesses while potentially benefiting countries like the UK. The tariffs have raised import costs, leading to higher prices for everyday goods, while economists warn of a possible hit to US growth and consumer spending. In contrast, nations outside of the tariff scope, such as Vietnam and Malaysia, may seize the opportunity to expand their exports to the US, highlighting the complex dynamics of trade wars.

Trump Tariffs Live: US Delays Some Mexico Tariffs as Markets Fear Trade Wars Δ1.81

President Trump has announced a temporary delay on tariffs for Mexican goods compliant with the United States-Mexico-Canada Agreement (USMCA), amidst rising fears of a trade war that could hinder global economic growth. The decision comes as investors express concern over increasing corporate bond premiums and a potential slowdown in borrowing costs due to heightened market volatility. Meanwhile, trade tensions continue to escalate, with Canada and Mexico considering their responses to U.S. tariff policies that threaten their economies.

Trump Threatens Canada with Tariffs on Dairy and Lumber Δ1.80

U.S. President Donald Trump has announced plans to impose tariffs on Canadian dairy and lumber products in response to what he describes as "tremendously high" tariffs imposed by Canada. The move is part of a broader trade dispute between the two countries, with Trump accusing Canada of unfairly targeting American industries. The Trump administration is also seeking to increase its share of the market for these commodities.