Mining stocks rally as Trump confirms copper tariffs starting August 1

11 hours ago 2
Close-up of new and shiny сopper pipe.

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Mining stocks rallied in pre-market trading Thursday after President Trump confirmed the U.S. will impose 50% tariffs on global copper imports beginning August 1, the day he has scheduled his "reciprocal" tariffs to go into effect.

Top domestic copper producer Freeport-McMoRan (

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