Funding & Business

Trump Says 50% Levy on Copper to Take Effect Aug. 1

Published

11 hours ago

July 10, 2025

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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Funding & Business

China Will Need to Stimulate Further in Second Half of 2025, Natixis Says

Published

1 hour ago

July 11, 2025

The Editors

Natixis chief Asia Pacific economist Alicia Garcia Herrero says she expects Beijing to announce more monetary and fiscal stimulus in the second half of the year. She tells Bloomberg Television that China’s economy fared better than expected in the first six months of 2025, but further policy moves will be needed to hit targets. (Source: Bloomberg)

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Funding & Business

Jane Street Ban Weighs on NSE Market Valuation and Expiry Turnover

Published

1 hour ago

July 11, 2025

Ashutosh Joshi

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

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Funding & Business

Goldman Strategists Raise Asia Stock Targets, Upgrade Hong Kong

Published

2 hours ago

July 11, 2025

Winnie Hsu

Goldman Sachs Group Inc. strategists raised their forecast for Asian stocks, citing a more favorable macro environment and greater certainty around tariffs.

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