Trump, Stocks and Tariffs
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Scavino is the third top official who, along with two others, sold Trump Media stock with the combined value of up to $10 million before tariffs news
After the S&P 500 roared to all-time highs in June, investors are taking a cautious approach with the threat of tariffs looming.
Trump's top trade negotiators have pushed deadlines and sent tariff letters after failing to reach Trump's 90 trade deals in 90 days target.
US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.
Chile, the world's No. 1 copper producer, is in wait-and-see mode after U.S. President Donald Trump announced a surprise 50% tariff on imports of the red metal, with the Andean nation blindsided while its top miner held out hope of exemptions.