-
The US Is Copper-rich, But Can Trump Really “bring Copper Home”?
The US is home to 5.5% of the world’s copper reserves – the sixth-biggest share globally. However, it has long been dependent on imports to meet demand from its energy, defence and technology sectors, ranking as one of the top five consumers of copper globally. In 2024, the US imported 810,000 tonnes (t) of refined copper, valued at an estimated $10bn. This figure represents a 5% increase from the 771,000t imported in 2023. The growing figure is a problem in the eyes of the Trump administration. Commerce Secretary Howard Lutnick has voiced the White House’s intention to “bring copper home”, turning to ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
President Donald Trump posted on Saturday a cartoon image depicting him firing Federal Reserve Chairman Jerome Powell. The post on Truth Social was an image of himself pointing his finger and shouting "YOU'RE FIRED!" to Powell, who was holding a box with his belongings. Behind them is a depiction of the seal of the Federal Reserve. The image appears to be "AI-generated or digitally illustrated," according to visual analysis by ChatGPT. Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him "Too Late Powell." The latest threat came even as the central bank lowered rates earlier this month for the first time this year. Powell's term as chair ends in May 2026. The White House didn't immediately respond to CNBC's request for comment. Firing the top central banker would be unprecedented as no U.S. president ever has attempted to do so, though others have criticized prior Fed chairs. A recent Supreme Court decision indicated that the president does not have the authority to remove Fed officials at will. Powell has said repeatedly that his firing is "not permitted under the law." The Trump White House has blasted Powell over renovations to the Fed's Washington headquarters, raising suspicion that Trump could try to remove the Fed leader for cause. Although lately Trump has eased his criticisms of the Fed building, while continuing to be vocal about Powell hurting the economy by keeping rates too high in his view. Donald J. Trump Truth Social Post 02:46 PM EST 09/27/25 pic.twitter.com/9cdO9rkCVh
Our movie making business has been stolen from the United States of America, by other Countries, just like stealing “candy from a baby.” California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! President DJT In order to make North Carolina, which has completely lost its furniture business to China, and other Countries, GREAT again, I will be imposing substantial Tariffs on any Country that does not make its furniture in the United States. Details to follow!!! President DJT
From cnbc.com | Sep 28, 2025
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation’s supply chain against China, said Mark Chalmers, CEO of Energy Fuels , a miner focused on uranium and rare earth minerals. The Pentagon decision to take an equity stake in MP Materials , the largest U.S. rare earth miner, in July and support the company with a ...
