In a cabinet meeting on Tuesday (8 July), Trump said “today we are doing copper” and threatened levies on pharmaceutical imports which could reach as high as 200%.
Trump returns to tariff threats as 9 July deadline approaches
Copper prices have jumped following the meeting, with continuous contract surging by 13.5% at the time of reporting and hitting an all time high of $5.7 per pound, according to data from MarketWatch.
This came after on Monday (7 July) Trump sent letters to dozens of countries with which the US has not reached a trade deal to let them know that the global levie…
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