Trump, Brazil and tariff
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What Happened in Markets Today Copper prices—and mining stocks—rose after Trump confirmed a 50% tariff on the metal will take effect Aug. 1. Prices for the [metal hit record highs](
President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
Trump tariffs live updates: Brazil, copper hit with 50% tariffs as India seeks to dodge Trump's BRICS wrath. Yahoo Finance . Updated Thu, Jul 10, 2025, 7:11 PM 2 min read. In This Article:
Stock indexes edged higher on Thursday, with investors weighing the latest trade announcements from U.S. President Donald Trump, while the Brazilian real recovered some losses following Trump's announcement of a 50% tariff on goods from Brazil.