Lutnick to Newsmax: Trump Setting Fair Tariff Rates
Commerce Secretary Howard Lutnick told Newsmax on Tuesday that President Donald Trump is setting fair tariff rates for the top-40 countries ahead of the Aug. 1 deadline, moves designed to balance the U.S. with its global trading partners.
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As Trump Lobs 50% Tariff on Copper, Metal's Futures Jump 12%
President Donald Trump said he will announce a 50% tariff on copper Tuesday, hoping to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.
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A Chaotic But Good Stock Market for 1st Half of 2025
There was certainly no shortage of stock market volatility in the first half of 2025. Investors entered the year coming off back-to-back years with over 20% gains in the S&P 500.
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Trump: Powell Should Resign If He Misled Congress
President Donald Trump called on Federal Reserve Chairman Jerome Powell to resign if he misled Congress during recent testimony.
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US Interior Proposes Rules to Boost Oil, Gas in the West
The U.S. Interior Department proposed rule changes to allow energy companies to more easily combine oil and gas output from multiple leases using the same well pad, which could save the industry as much as $1.8 billion per year, it said.
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US Ocean Imports From China Tumble 28% in June
U.S. imports of containerized goods from China tumbled 28.3% year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May, supply chain technology provider Descartes said Tuesday.
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