BNP Paribas Markets 360 chief economist for Latin America and Banco Central Do Brasil former deputy governor of international affairs Fernanda Guardado discusses tension between US and Brazil. She speaks with Sonali Basak on “Bloomberg Markets.” (Source: Bloomberg)



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All of the staff have departed from WaveCrest Energy, a Macquarie-backed company near Houston launched to develop liquefied natural gas import projects abroad.



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President Donald Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from automobiles to appliances.
The higher-than-expected levy was signaled by Trump in comments to reporters on Tuesday, but the president took to Truth Social late Wednesday to confirm the start date — and blamed previous administrations for the decline of America’s copper clout.
“This 50% TARIFF will reverse the Biden Administration’s thoughtless behavior, and stupidity,” Trump said. “America will, once again, build a DOMINANT Copper Industry.”
Bloomberg’s Joe Deaux reports. (Source: Bloomberg)



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