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VANITY: President Trump announces 50% tariff on copper
7/8/2025
| self
Posted on 07/08/2025 10:27:37 AM PDT by Miami Rebel
I'm posting this as a vanity post because 20 minutes after the announcement, the only source that's published a story on this is Bloomberg, which doesn't allow re-ups.
Copper is already up 11% today, having already advanced 25% year to date.
TOPICS: Business/Economy
KEYWORDS: concerntroll; concerntrolling; copper; ibtz; inflation; tariff; tariffcrybabies; taxesandtariffs; tds; trump; vanity; zot
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I'm unloading some TGB (Taseko Mines) into the strength.
To: Miami Rebel
2
posted on
07/08/2025 10:37:16 AM PDT
by
catnipman
((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
To: Miami Rebel
From
CNBC:
“Today, we’re doing copper,” Trump said during a Cabinet meeting at the White House. “I believe the tariff on copper, we’re going to make it 50%.” He did not say specifically when that tariff would take effect.
Trump also said he would soon announce tariffs “at a very, very high rate, like 200%,” on pharmaceutical imports.
3
posted on
07/08/2025 10:44:09 AM PDT
by
Tell It Right
(1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: Miami Rebel
The Bagdad Mine in Yavapai County, Arizona, will get lot busier.
4
posted on
07/08/2025 10:46:06 AM PDT
by
chrisinoc
To: Miami Rebel
How is anyone supposed to do business when policymaking is this erratic and unpredictable?
5
posted on
07/08/2025 10:49:23 AM PDT
by
sphinx
To: Miami Rebel
This is really going to hammer electric cars.
6
posted on
07/08/2025 10:50:48 AM PDT
by
Carry_Okie
(The tree of liberty needs a rope.)
To: chrisinoc
The Bagdad Mine in Yavapai County, Arizona, will get lot busier.
Well, this IS the Copper State.
7
posted on
07/08/2025 10:51:39 AM PDT
by
Dr. Sivana
(<i>"Whatsoever he shall say to you, do ye." (John 2:5))
To: Miami Rebel
I’d like to see serious time for copper thieves and their buyers.
8
posted on
07/08/2025 10:56:15 AM PDT
by
ryderann
To: sphinx
Frankly, while I’m delighted to take a $70k profit today, it’s a hell of a way to run an economy. Everything about this process since February 2 has been ad hoc.
To: ryderann
Copper thieves certainly are brazen.
A real “You can’t catch me, Copper”, “Cu in court” kind of attitude.
10
posted on
07/08/2025 11:02:17 AM PDT
by
Ezekiel
(🆘️ "Come fly with US". 🔴 Ingenuity -- because the Son of David begins with MARS ♂️, aka every man)
To: Ezekiel
Lol…very good today, Zeke!
11
posted on
07/08/2025 11:04:06 AM PDT
by
ProtectOurFreedom
(“Diversity is our Strength” just doesn’t carry the same message as “Death from Above”)
To: Dr. Sivana
Love Arizona!
.
Sure it’s Hot !
12
posted on
07/08/2025 11:04:21 AM PDT
by
Big Red Badger
(ALL Things Will be Revealed !)
To: Miami Rebel
Trump’s first thing was Stopping
Penny Production..
Just saying.
13
posted on
07/08/2025 11:05:33 AM PDT
by
Big Red Badger
(ALL Things Will be Revealed !)
To: Miami Rebel
EV Charging stations hardest hit.
14
posted on
07/08/2025 11:05:57 AM PDT
by
fso301
To: Ezekiel
15
posted on
07/08/2025 11:06:06 AM PDT
by
ryderann
To: sphinx
This will massively injure American consumers and producers using copper — just to benefit a few American mine owners.
To: Big Red Badger
Pennies have been zinc with a wash of copper since the 1980s.
17
posted on
07/08/2025 11:07:13 AM PDT
by
NorthMountain
(... the right of the people to keep and bear arms shall not be infringed)
To: ryderann
18
posted on
07/08/2025 11:08:40 AM PDT
by
lastchance
(Cognovit Dominus qui sunt eius.)
To: Socon-Econ
Yeah, it’ll only hurt consumers who use electricity.
To: sphinx
You can bet the insiders are making bank.
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