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President Donald Trump said the U.S. would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt U.S. producers of everything from autos to appliances.

At an earlier White House event, Trump complained that Brazil had “been not good to us.” His decision on Brazil, Trump said, was “based on very, very substantial facts, and also past history.”

Policymakers pointed to “considerable uncertainty” about the timing, size and duration of the tariffs’ potential effects on inflation, the minutes showed.

President Donald Trump unveiled a new round of tariff demand letters on July 9 with levies set to hit in August on imported goods from partners who fail to reach agreements with the U.S.

A group of small businesses that won an order finding President Donald Trump’s global tariffs illegal urged a federal appeals court to uphold that decision and block the trade levies.

Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the “One Big, Beautiful Bill.”

President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.

“Then he should resign immediately,” Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fed’s headquarters.

“I believe the tariff on copper we’re going to make it 50%,” President Donald Trump said when asked by a reporter what the rate on those products would be.

A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.