Trump Says 50% Copper Tariff To Take Effect Aug. 1
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Business leaders and experts say the uncertainty from President Trump's tariff policies are making it difficult to run operations.
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.
President Donald Trump threatened to double the baseline universal tariff to 20%, citing record stock gains to dispel fears that such a move would hammer the global economy. Even as financial markets barely budged on the news,
Wall Street retreated from record highs as investors reacted to President Trump's tariff announcements, including a potential 35% tariff on Canada. Major earnings reports are anticipated next week while Bitcoin rises alongside Nvidia's market valuation.