A top copper producer has warned that uncertainty over new U.S. import duties is stirring worry across the $250 billion market as the industry waits for more information, just 2 weeks before the measures take effect. In early July, Trump announced plans to slap a 50 percent tariff on imported copper beginning August 1, but he did not […] Source: cryptopolitan.com (Read Full Article)
US stock futures hold steady as traders brace for big tech earnings
US stock futures remained mostly flat Sunday night ahead of a busy earnings week focused on big tech companies. Source: cryptopolitan.com (Read Full Article)
Trump’s tariff threat sparks sovereignty fight in Brazil’s Supreme Court
Donald Trump’s latest foreign policy play came crashing into Brazil on July 9 when the U.S. president threatened 50% tariffs unless the country’s courts dropped charges against his political ally, Jair Bolsonaro. The action blindsided Brazil’s Supreme Federal Court, which wasn’t even in session for the month. Several judges weren’t in the country, but that […] Source: cryptopolitan.com (Read Full Article)
Markets expected Japan’s ruling party loss
On Sunday, Prime Minister Shigeru Ishiba’s coalition suffered a big loss in the upper house election. That setback could slow new policies and increase the budget deficit, outcomes investors have already anticipated. Exit polls from Sunday’s vote show the coalition will lose control of the upper house and end up in the minority in both […] Source: cryptopolitan.com (Read Full Article)
Trump will renegotiate USMCA, says Commerce Secretary Lutnick
US President Trump is expected to push for revisions to the United States–Mexico–Canada Agreement (USMCA) in mid‑2026 to secure more jobs for American workers, Commerce Secretary Howard Lutnick said on CBS’s “Face the Nation” on Sunday. Lutnick described a review of the trade pact as a natural move. Under its rules, the USMCA can be […] Source: cryptopolitan.com (Read Full Article)
Peter Schiff: Bitcoin Price Record Highlights US Dollar Weakness
Bitcoin’s price is flying at historic record highs, buoyed by a broad and insatiable demand far above US stock market gains at their own all time highs. But EuroPac chief Peter Schiff says US dollar weakness is to blame. Source: cryptopotato.com (Read Full Article)
Ethereum Price Outlook: ETH Eyes $8,000 as Mutuum Finance (MUTM) Targets $3
Analysts predict an Ethereum price rally toward $8,000 following a breakout above the $3,500 level. Meanwhile Mutuum Finance (MUTM) is gaining attention with a $3 target that would reward holders with 100x ROI from the current $0.03 price.  Mutuum finance is currently in its 5th phase of presale. This phase is already over 80% sold […] Source: cryptopolitan.com (Read Full Article)
Investors are betting on who might replace Jerome Powell
President Trump is pressuring Fed Chair Jerome Powell, and investors are betting on who might replace him. Recently, something that only policy experts talked about is now front-page news. Administration officials have blamed Powell for spending too much on renovating the Fed’s building, and reports say Trump once planned to fire him but then backed […] Source: cryptopolitan.com (Read Full Article)
Howard Lutnick said a US-EU trade deal is likely but August 1 is the hard deadline for new tariffs
Howard Lutnick, the U.S. Commerce Secretary, said on Sunday that a trade agreement between the United States and the European Union is still within reach, but the clock stops on August 1. That’s the final deadline for everyone, and tariffs are coming if there’s no deal. Speaking to CBS’ Face the Nation, Howard said he […] Source: cryptopolitan.com (Read Full Article)
Secret clause triggers a 20-month legal battle between Exxon and Chevron
A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over control of Guyana’s Stabroek Block, the biggest offshore oil discovery in years. The confidential clause, signed more than ten years ago, became Exxon’s legal weapon in an arbitration case that nearly collapsed Chevron’s $53 billion acquisition of […] Source: cryptopolitan.com (Read Full Article)