Trump, Stocks and Tariffs
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Scavino is the third top official who, along with two others, sold Trump Media stock with the combined value of up to $10 million before tariffs news
It’s the start of a highly anticipated week on Wall Street as traders await announcements about the Trump administration’s plan for tariffs. US stocks opened lower on Monday. By mid-morning, the Dow was down 300 points,
Trump said on Tuesday that he would impose a 50% tariff on copper. Though the remarks were light on specifics, his comments sent the metal to all-time highs.
US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.
World shares mostly climbed on Wednesday, following a choppy trading day on Wall Street as the Trump administration seeks to win more favorable trade deals with nations around the globe. In early trading,
Chile, the world's No. 1 copper producer, is in wait-and-see mode after U.S. President Donald Trump announced a surprise 50% tariff on imports of the red metal, with the Andean nation blindsided while its top miner held out hope of exemptions.