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The Latest Breaking News on Australian shares drop as Trump's tariffs target copper

Australian shares drop as Trump's tariffs target copper

The ASX200 fell 0.6 per cent, with goldminers and uranium miners under pressure and retirement living operator Lifestyle Communities plunging sharply.

AAP

Asian Markets Mixed As Trump Flags Fresh Tariffs, Eyes On Trade Talks

Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals.

International Business Times

Talks to finalise US steel tariff exemption ongoing as deadline due to pass

President Donald Trump has said he plans to start implementing tariffs on the US’s trade partners on July 9.

The Independent UK

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Dow Jones Futures Rise Amid Trump Tariff News; Elon Musk Tells Tesla Bull To 'Shut Up'

The major indexes were quiet, while copper prices spiked on Trump tariffs. Some leaders struggled, but AMD and some other AI plays thrived. Elon Musk told a longtime Tesla bull to "shut up."

Investors Business Daily

Another baffling move from Trump, and yet the only thing he seems to be accomplishing is his own undoing

More tariffs for seemingly no reason.

We Got This Covered

Stocks Finish Mixed on Strength in Chip Makers and Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.07%. September E-mini S&P futures (ESU25 ) are down -0.07%, and September E-mini Nasdaq futures...

Barchart

Trump doubles down on Aug. 1 tariff deadline as stocks continue to dip

After the S&P 500 roared to all-time highs in June, investors are taking a cautious approach with the threat of tariffs looming.

Fortune

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Copper Prices, Stocks Surge After Trump Plans Tariffs On The Metal

The price of copper soared to its best day in history Tuesday, climbing to a record high.

Investors Business Daily

Dollar Slightly Higher as T-Note Yields Climb

The dollar index (DXY00 ) on Tuesday rose slightly by +0.03%. The dollar recovered from overnight losses and climbed to a 1.5-week high due to stronger T-note yields. The 10-year T-note yield rose to a 2-week high on Tuesday at 4.43%, which strengthened the dollar's interest rate differentials. Weakness in...

Barchart

Trump Tariffs Set To Reflect In Q2 Earnings; Consumers Next In Line

Goldman Sachs Research expects that tariff impacts will start reflecting in Q2 earnings for S&P 500 companies. Customers to pay most costs.

Investors Business Daily

Trump threatens to escalate trade war amid confusion over new tariff rates

US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plans

The Guardian - US

Trump Threatens Up To 200% Tariffs On Drug Imports. The Market Doesn't Believe Him.

President Donald Trump threatened Tuesday to levy up to 200% tariffs on drugs imported into the U.S. "very soon."

Investors Business Daily

Markets are ignoring the latest round of Trump's tariffs, but ‘at some point the rubber has to hit the road,’ UBS strategist says

Since cratering in April, stocks have rebounded, even as the White House gears up for more tariffs.

Fortune

London stocks close higher as latest US tariff rates received

The FTSE 100 index closed up 47.65 points, 0.5%, at 8,854.18.

Evening Standard

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Barchart

Stocks Mixed as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.09%. September E-mini S&P futures (ESU25 ) are down -0.04%, and September E-mini Nasdaq futures...

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