this post was submitted on 14 Jul 2025
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Image is from this article, of a Chilean copper quarry.

Title is a reference to Trump's social media post about copper, which was, as usual, mostly deranged.


Trying to follow Trump's administration is pretty difficult, but as of right now, he is threatening 30% tariffs on Mexico and the EU starting on August 1st, as well as new tariff announcements on a bunch of other countries (including, bizarrely, a 50% tariff on Brazil), and also apparently a 50% tariff on copper, which the US imports half its supply of and is, of course, a very important metal in many applications.

I'm not sure what the plan is to bring back domestic copper production beyond hoping that it just sorta works out, but prominent copper producers, such as Chile and Canada, seem both concerned and confused. Reuters had a line that made me chuckle:

Boric said he was awaiting official communication from the U.S. government, including whether the tariffs would include copper cathodes, and questioned "whether this will actually be implemented or not."

Big mood, Boric.


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[–] Redcuban1959@hexbear.net 31 points 1 week ago (2 children)

Trump Threatens 100% Tariffs on Russia if No Ukraine Peace Deal Is Reached in 50 Days - Telesur English

Article

The U.S. president made the announcement at the start of a meeting with NATO Secretary Rutte. On Monday, U.S. President Donald Trump threatened Russian President Vladimir Putin with indirect tariffs of about 100% on his country if a peace agreement in Ukraine is not reached within 50 days.

The Republican politician made the remarks at the start of a meeting with NATO Secretary-General Mark Rutte in the White House’s Oval Office in Washington, D.C. “One of the reasons you’re here today is because I’m very unhappy with Russia,” Trump said, expressing growing frustration in recent weeks over Putin’s refusal to halt airstrikes on Ukraine. “We’re going to impose very severe tariffs if we don’t reach a deal in 50 days. Tariffs of approximately 100%, what we would call secondary tariffs,” the U.S. president said.

Secondary tariffs are duties imposed on third-party countries or entities that trade with a sanctioned nation. Trump’s remarks signal a shift in tone toward Putin. When he took office on Jan. 20, he had initially sought to engage with the Russian president in hopes of brokering a deal to end the war in Ukraine.

When Trump announced a wide-ranging package of global sanctions in April, he excluded Russia, arguing that the country was already subject to significant financial penalties. A turning point came on July 3, during a phone call between the two leaders, when Putin informed Trump that he would not abandon his objectives in Ukraine — a move that reportedly enraged the U.S. president.

In recent weeks, Trump has repeatedly threatened to impose new sanctions on Russia if no progress is made toward a peace agreement, but until now, he had not specified a tariff figure.

[–] RuthBaderGonesburg@hexbear.net 21 points 1 week ago

Surely THIS will collapse the Russian economy

[–] Alaskaball@hexbear.net 8 points 1 week ago

what the fuck is being imported from Russia to the U.S nowadays?