Trump, Tariffs and Stock trader
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Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.
Investors have had their fair share of things to digest this week. Trump the tariff man has returned in force. The president slapped a 50% tariff on copper imports, powering shares of metals play Freeport-McMoRan (FCX) up almost 5% on the week.
Read here for key economic risks from tariffs and slowing population growth, renewables' resilience, and top REIT picks for defensive growth.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
Levi’s increased its full-year earnings projections despite higher tariff rates, sending the stock higher in after-hours trading.
President Donald Trump's latest tariff threats were adding pressure to global stocks on Friday. Shares of the popular Global X DAX Germany exchange-traded fund were down 1.2% on Friday, while heading for a 2% two-day slump.
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Axios on MSNWall Street may be enabling Trump tariffsPresident Trump is celebrating the new record in the market with additional tariffs on Canada. Part of his excitement may stem from what the rally allows him to do, which is whatever he wants on tariff policy.