What in the World

What in the World

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What in the World
What in the World
Take a penny, hoard a penny

Take a penny, hoard a penny

Copper prices skyrocket as Trump mints new tariffs on the metal—and Canada

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Wayne Arnold
Jul 11, 2025
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What in the World
What in the World
Take a penny, hoard a penny
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Trump threatened Thursday to slap 35% tariffs starting Aug. 1 on imports from Canada.

Trump already imposed a 25% tariff on Canadian products back in February. After a one-month delay, those tariffs went into effect March 4. Two days later, Trump exempted Canadian imports complying with the United States–Mexico–Canada Agreement (USMCA), affecting roughly…

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