Freeport-McMoRan could see a $1.6-billion boost to annual profit if President Donald Trump's copper tariff materializes, a benefit driven by the firm's role as the largest U.S. producer with more expansion options than rivals.

The Justice Department is enlisting a unit versed in investigating financial fraud schemes to prosecute companies evading US tariffs, as President Donald Trump looks to cement an agenda using foreign duties to help revive domestic manufacturing.

"As you will recall, the United States imposed tariffs on Canada to deal with our Nation's Fentanyl crisis, which is caused, in part, by Canada's failure to stop the drugs from pouring into our Country," Trump wrote in a letter to Carney, which was posted on social media late Thursday.

China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.

SINGAPORE] Copper prices have reacted furiously after US President Donald Trump stunned markets with a 50 per cent tariff on copper imports – a “watershed moment” that sent US futures to record highs,

We are approaching the season of the Trump downgrades, where company earnings estimates are being whittled back to reflect the damage inflicted on profits from the tariff war.

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

Trump’s ‘Liberation Day’ taxes, which impose a tariff on all industries across the globe – including beauty, were due to come into effect on 9 July but have been pushed back

President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce.

The Yale Budget Lab noted that the letters sent Monday would hike the effective tariff rate on U.S. consumers to the highest since 1934.