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White House: Trump imposes universal 50% tariffs on imports of semi-finished copper products and copper-intensive derivative products
WHITE HOUSE: TRUMP PROCLAMATION IMPOSES UNIVERSAL 50% TARIFFS ON IMPORTS OF SEMI-FINISHED COPPER PRODUCTS AND COPPER-INTENSIVE DERIVATIVE PRODUCTS EFFECTIVE AUGUST 1
— *Walter Bloomberg (@DeItaone) July 30, 2025
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Fact Sheet: President Donald J. Trump Takes Action to Address the Threat to National Security from Imports of Copper
Today, President Donald J. Trump signed a Proclamation to address the effects of copper imports on America’s national security, including by imposing tariffs on several categories of copper imports. The Proclamation imposes universal 50% tariffs on imports of semi-finished copper products (such as copper pipes, wires, rods, sheets, and tubes) and copper-intensive derivative products (such as pipe fittings, cables, connectors, and electrical components), effective August 1. The copper 232 tariffs apply to the copper content of a product; non-copper content of a product remains subject to reciprocal tariffs or other ... (full story)
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From federalreserve.gov|Jul 30, 2025|152 commentsAlthough swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectati FOMC STATEMENT COMPARE: pic.twitter.com/3wayLXzIBa FOMC: VOTED 9-2 FOR FED FUNDS RATE ACTION Fed Governors Waller and Bowman dissented, preferring to lower the funds rate by a quarter of a percentage point. THE FEDERAL RESERVE KEPT ITS BENCHMARK INTEREST RATE STEADY AT 4.25–4.50%, NOTING ELEVATED ECONOMIC UNCERTAINTY, SLOWING GROWTH IN H1 2025, AND PERSISTENT INFLATION. || DESPITE A STRONG LABOR MARKET AND LOW UNEMPLOYMENT, FED GOVERNORS WALLER AND BOWMAN DISSENTED, FAVORING A 25BPS…
From @DeItaone|Jul 30, 2025|11 commentsTRUMP: POWELL PROBABLY WONT LOWER RATES TODAY TRUMP TOUTS EU, JAPAN TRADE DEALS TRUMP: REST WILL RECEIVE A 'BILL TRUMP: KEEPING INTEREST RATES HIGH IS HURTING PEOPLE TRUMP: HEAR FED WILL CUT RATES IN SEPTEMBER
From brecorder.com|Jul 30, 2025Copper prices drifted to the lowest in more than a week on Wednesday as inventories climbed and investors worried about looming U.S. tariffs hitting demand. Three-month copper on ...
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From youtube.com/federalreserve|Jul 30, 2025|3 commentsThe Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, ...
From breakingthenews.net|Jul 30, 2025|3 commentsThe White House announced on Wednesday that President Donald Trump officially imposed a new 40% tariff on Brazil on top of the 10% already in force. "Today, President Donald J. Trump signed an Executive Order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%, to deal with recent policies, practices, and actions by the Government of Brazil that constitute an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States," the statement read. Trump first announced he would hit the South American nation with the added figure on July 9, citing the prosecution of former President Jair Bolsonaro as the motive. US Says New Tariff On Brazil Imports Takes Effect In 7 Days
From @DeItaone|Jul 30, 2025|3 commentsPOWELL: CURRENT STANCE OF POLICY LEAVES US WELL POSITIONED POWELL: INFLATION SOMEWHAT ABOVE TARGET Fed's Powell: Indicators suggest economic growth has moderated. Fed's Powell: Moderation in growth reflects slowdown in consumer spending. Fed's Powell States Unemployment Remains Low Within Narrow Range, Indicators Show Job Market Is Close To Maximum Employment.
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