His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to profit on the copper that makes up 95% of the coins minted before 1983. A cache of one-cent pieces from Portland Mint with a face value of roughly $60,
Metals including aluminum and copper declined as moves by US President Donald Trump to restrict Chinese investments undermined market sentiment, with raw materials losing ground along with local equities.
China's growing copper reserves have caught the eye of President Donald Trump, who on Tuesday ordered an investigation into what administration officials say is Beijing's move to "gain control of the world's copper markets.
President Donald Trump took to his Truth Social platform on Tuesday to propose tariffs on yet another critical raw material needed in U.S. industry."Like our Steel and Aluminum Industries, our Great American Copper Industry has been decimated by global actors attacking our domestic production,
Countries are exploring possible deals with the United States to ease tariff rates, which the US treasury secretary said this week were a crucial part of Donald Trump's economic policy, as the president suddenly ordered a probe into potential new tariffs on copper imports that looks to have China in its sights.
An executive order mandates a review of the threats posed by over-reliance on foreign copper, and recommendations for increasing domestic supply.
Copper futures surged after President Donald Trump ordered the US Commerce Department to examine possible imports tariffs on all forms of the metal.
President Donald Trump has ordered an investigation into potential new tariffs on copper imports in an effort to thwart what his advisers see
In the Oval Office, President Donald Trump announced his administration plans to sell a "gold card" -- his version of a green card that will cost $5 million.
Fox News medical contributor Marc Siegel sounded the alarm on Tuesday that the measles outbreak impacting the southwest United States “is not going to be stopped without the vaccine,” all while lamenting that “vaccine confidence is at an all-time low.”
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