Funding & Business
Trump’s Copper Tariffs Set to Include Products for Power Grids, Data Centers
US President Donald Trump’s plan to impose 50% import tariffs on copper are set to include the kinds of materials used for power grids, the military and data centers.
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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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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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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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