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50% tariff on copper imports

Posted on 7/8/25 at 12:34 pm
Posted by bigjoe1
Member since Jan 2024
1394 posts
Posted on 7/8/25 at 12:34 pm
quote:

President Donald Trump said he will impose a 50% tariff on copper imports on Tuesday, and suggested more steep sector-specific duties are on the way.

“Today, we’re doing copper,” Trump said during a Cabinet meeting. “I believe the tariff on copper, we’re going to make it 50%.”

Trump also said he would soon announce tariffs “at a very, very high rate, like 200%,” on pharmaceutical imports.

Pharmaceutical companies could have up to a year and a half to start producing their products in the U.S. before those new tariffs take effect, Trump added.
CNBC
Posted by jordan21210
Member since Apr 2009
14104 posts
Posted on 7/8/25 at 12:44 pm to
FCX up 5% last hour or so.
Posted by Kolbysfan
Member since Jun 2007
2157 posts
Posted on 7/8/25 at 12:48 pm to
$NAK or bust
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 7/8/25 at 12:49 pm to
And in today's version of blindfolded darts we have copper and pharma.
Posted by TigersHuskers
Nebraska
Member since Oct 2014
14400 posts
Posted on 7/8/25 at 1:05 pm to
Fareplay weeps.
Posted by Artificial Ignorance
Member since Feb 2025
1424 posts
Posted on 7/8/25 at 2:37 pm to
Just melt and re-use the pennies.

They are worth more as plumbing.
This post was edited on 7/8/25 at 4:57 pm
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3413 posts
Posted on 7/8/25 at 2:48 pm to
I was in that one when it died the first time...
Posted by Pendulum
Member since Jan 2009
7879 posts
Posted on 7/8/25 at 4:59 pm to
Why didnt CBO use tariffs in their defecit calculations?!?!


Dont they have a crystal ball?!
Posted by GeauxTigers123
Member since Feb 2007
3049 posts
Posted on 7/8/25 at 5:11 pm to
Each modern penny doesn’t have that much copper. Now granted all together the would have a fair amount.
Posted by Kolbysfan
Member since Jun 2007
2157 posts
Posted on 7/8/25 at 8:35 pm to
Me too. Holding since 2020….nearly hit 5 yr. hi today.
Posted by Kolbysfan
Member since Jun 2007
2157 posts
Posted on 7/9/25 at 1:46 pm to
Insert ?? here
Posted by Douglas Quaid
Mars
Member since Mar 2010
4118 posts
Posted on 7/9/25 at 3:03 pm to
quote:

Each modern penny doesn’t have that much copper. Now granted all together the would have a fair amount



Check out those nickels...
Posted by BlackAdam
Member since Jan 2016
7022 posts
Posted on 7/9/25 at 3:38 pm to
My copper penny hoarding is about to pay off.
Posted by CharlieTiger
ATL
Member since Jun 2014
932 posts
Posted on 7/9/25 at 7:56 pm to
quote:

Just melt and re-use the pennies.


Today’s Pennie’s are something like 98% zinc.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4367 posts
Posted on 7/9/25 at 9:27 pm to
(no message)
This post was edited on 7/19/25 at 12:49 am
Posted by NoEmpathy
Member since Feb 2023
60 posts
Posted on 7/9/25 at 10:42 pm to
Why don’t YOU, VaBuckfrick, and that Josh fig go whine about politics on the poli board. That’s all
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 7/10/25 at 6:43 am to
Such a wonderful person you are.

Tariffs affect the economy and thus the Money Board. We have discussions here so feel free to discuss or kindly frick off.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92351 posts
Posted on 7/10/25 at 6:51 am to
quote:

President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva



Good Lula needs to be taugh a lesson. Along with all the brics countries

quote:

But, then he confusingly adds… “there will be no Tariff if Brazil, or companies within your Country, decide to build or manufacture product within the United States.”


How is this confusing

Posted by jordan21210
Member since Apr 2009
14104 posts
Posted on 7/10/25 at 9:07 am to
quote:

Good Lula needs to be taugh a lesson. Along with all the brics countries

It’d be one (still stupid) thing to threaten 50% tariffs for some legit economic reason…it’s another thing to threaten 50% tariffs because Brazil has a trial against Bolsonaro. How about we not meddle in another country’s business? Wasn’t that one of Trump’s campaign platforms? For four years all we heard about was how Dems/Biden were weaponizing government…literally all Trump has done so far is weaponize every facet of the government against people he doesn’t like. It’s stupid and has so far accomplished nothing.
This post was edited on 7/10/25 at 9:08 am
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4367 posts
Posted on 7/10/25 at 9:15 am to
(no message)
This post was edited on 7/19/25 at 12:47 am
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