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Copper prices in the United States on Tuesday on Tuesday, Washington, Washington, said that the presidential trade war will apply a 50 percent of the most growing industry metal.
Trump said before meeting a cabinet “We do today nail“He added that the tariffs believe that it would be 50 percent.
Trading Secretary Howard Lutnick, then said in an interview with CNBC tariffs should be placed in a short time in the end of this month or early August.
The performance of higher tariff rates, in a hurry for metal prices used in electronics, construction and industrial equipment. Copper futures sold in New York, both recorded high-level pounds and high levels of records until 1969 and the biggest jumps of recorded records until 1969.
The shares in the United States in Copper Miner increased freeport-McMoran, almost 3 percent.
JPMorgan analysts “Sunday will be surprised in the market with the proposed Levi’s level,” Wall Street Bank added that the bank was pened in the ratio of 25 percent for importance.
Chile, according to customs data monitoring, the biggest supplier of copper refined to the United States is about 70 percent of imports in the years.
President of Chile of Industrial Business Lobby Rosario Navarro warned tariffs at the highest level, 50 percent can cause “significant deterioration” in the country’s trade conditions.
Pierre Gratton, President of the Canadian Cultural Association, said billions of dollars such as the copper pipeline, said he was sent to the United States as part of the integrated North American industry.
The United States added that the United States did not have copper refining or stained and trusts on the import of metal canada, such high tariff rates “hurt the US production.”
Trump’s proposed copper tariffs came a day after sending a letter 14 trading partnersincluding Japan South Korea, if they do not trade until August 1, the president spoke about this in one post.
Trump’s latest obstacles tariff ads, after recent weeks, after recent weeks, the United States has made a strong lobby effort to push the “Big, Nazi” financial invoice against Iran’s nuclear facilities.
On Tuesday, Trump also shadowed the results of the investigation into pharmaceutical vehicles, including current general and branded drugs and active ingredients.
“We are preparing to enter people around for about a year, the year and one half, and then they will be tariffs if they must bring medication to the country at a very high level,” he said.
The S & P 500 pharmaceutical index fell from the high parts of the day after the announcement of the president, but still closed 0.7 percent.
At least a year before the tariffs begin, Washington lobbyists said they did not pose an important threat to pharmaceutical companies in the near future. “Classic Trump Hyperbole” said a lobbyist.
The United States has already announced a steep tariffs of cars and steel as a result of national security probes, but pharmacies, copper, lumber, aerospace, chips and consumer electronics are conducting research.
232 In the critical sectors, known as the research sector, increased uncertainty among our trade partners, because they have increased uncertainty because they are trying to negotiate the deal to protect themselves Trump’s tariffs.
Only the British has provided the form of any released released from the sector tariffs. As part of the latest agreement with the United States recently, the annual quota of 100,000 cars was given a decreased tariff for the annual quota, which was applied to most countries.
The United States is also negotiating a quota for a quota to imports reduced by the British and promised to negotiate the caravans for the British companies.
Additional report by James Politi in Washington