logo
Australian state rolls out machete ‘disposal bins' ahead of ban

Australian state rolls out machete ‘disposal bins' ahead of ban

New York Post5 hours ago
An Australian state has asked citizens to surrender machetes at disposal bins ahead of a statewide ban on the weapons aimed at combating knife crime.
Australia's state of Victoria on Thursday announced that more than 40 machete disposal bins will be available at police stations across the state to allow citizens to safely get rid of the weapons without a penalty before the Sept. 1 ban begins.
Advertisement
'Owning, carrying, using, buying, or selling a machete without a valid exemption or approval will be a criminal offense,' the Victorian government said in a statement.
The government is running a 'Machete Amnesty' period from Sept. 1 to Nov. 30 to support the safe disposal of machetes. Those who do not surrender their machetes during the amnesty period may face imprisonment of up to two years or a fine of more than $47,000 AUD ($31,725 US dollars).
'These knives destroy lives – so we're taking them off the streets,' Victoria Premier Jacinta Allan said in a statement.
3 Australia's state of Victoria on Thursday announced that more than 40 machete disposal bins will be available at police stations across the state.
Instagram / Lily D'Ambrosio MP
Advertisement
Victoria police have seized a record number of illegal knives from the streets, averaging at least 44 knives a day, Sky News Australia reported.
Minister for Police Anthony Carbines said the government is backing Victoria Police to get the weapons out of the hands of young people to keep citizens safe.
3 The government is running a 'Machete Amnesty' period from Sept. 1 to Nov. 30 to support the safe disposal of machetes.
State Government of Victoria
'Our message to anyone with these weapons is simple – get rid of them or face the consequences,' Carbines said in a statement.
Advertisement
Exemptions for those who can possess a machete include agricultural workers who use them as part of their job, along with machetes that are used in a traditional, historical or cultural capacity, according to the government. Individuals exempt must comply with strict conditions and be able to demonstrate eligibility if asked by police.
3 Victoria police have seized a record number of illegal knives from the streets, averaging at least 44 knives a day.
Con Chronis/EPA/Shutterstock
The Victoria government said it had already issued a temporary ban on the sale of machetes in May, resulting in Amazon removing the weapons for purchase from its website.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

'Final call' before lotto winner loses $670k, Robert Irwin face of new $130m push, woman charged after toddler found in suitcase
'Final call' before lotto winner loses $670k, Robert Irwin face of new $130m push, woman charged after toddler found in suitcase

Yahoo

time42 minutes ago

  • Yahoo

'Final call' before lotto winner loses $670k, Robert Irwin face of new $130m push, woman charged after toddler found in suitcase

Hello and welcome to Yahoo's live news blog this Monday. A lotto winner of $670,000 has just one week to claim the prize before its lost forever. Robert Irwin will be the face of a new $130 million push to advertise Australia to the rest of the world. Ads will be rolled out in several countries including the US and China in a bid to capitalise on a post-Covid travel boom. A woman in New Zealand has been charged after a two-year-old girl was discovered inside a suitcase in the baggage compartment of a bus. She was only found when another passenger asked to access their bag, with the "very hot" child being taken to hospital for assessment. Follow along as we bring you regular updates below. Spike in youth homelessness 'a tragedy', Salvos say The Salvation Army says there's been more than 5,000 children who've needed help from their homelessness services in the past year. There has also been a 20 per cent increase in women and girls experiencing homelessness, the charity said. Forty-five per cent of those say they've experienced domestic or family violence. 'The increase in women and children experiencing homelessness is a tragedy,' Jed Donoghue, the National General Manager of The Salvation Army's Homelessness services, said. Just one week left for mystery winner of $670,000 to claim prize There's just one week left now for the winner of a $670,000 Saturday Gold Lotto prize to come forward before they lose it forever. The prize was won on August 11 2018 and has never been claimed. The unregistered ticket is currently the oldest unclaimed lottery prize in Australia and was purchased at Golden Lucky News in the Gold Coast suburb of Helensvale. By next Monday, the seven-year window to claim the prize will close. The Lott spokesperson Anna Hobdell earlier told Yahoo unclaimed prize money will have to be "returned to the community in some shape or form" if the winner isn't found. 'We're making one final call to all lottery players: now is the time to search every pocket, wallet and drawer. You might be holding a Saturday Gold Lotto ticket worth more than $670,000,' she said on Monday. Teenage driver dies amid foggy conditions An 18-year-old female driver has died after her car crashed into a ute on a regional Victorian road amid foggy conditions. Her car struck a Toyota Hilux towing a trailer on Latrobe River Road in Yallourn North about 8.40am. The 27-year-old male driver was taken to hospital with non-life-threatening injuries, while the woman died at the scene, police said. A photo shared to the ABC shows the two vehicles badly damaged in heavy fog. Police are appealing for witnesses to come forward as investigations continue. Premier slams 'deplorable' burning of Australian flag Victorian Premier Jacinta Allan has slammed the actions of a handful of protesters at a pro-Palestine rally after an Australian flag was deliberately set alight. Protesters covering their faces then spray painted "abolish Australia" on the road in Melbourne's CBD. 'It's deplorable, it's a deplorable action' she told the Today show. Sydney Harbour Bridge likely off limits moving forward, premier suggests NSW Premier Chris Minns has issued a warning to protesters after 100,000 people marched across the Sydney Opera House in support of Palestinians in Gaza. Minns stressed it was a rare call to give the green light to a protest of that size, which caused significant traffic disruptions on Sunday. 'No-one should assume it's open season on the bridge,' he told reporters. 'My job is to be on the side of public safety and ensuring that people can live and work and protest and enjoy a city as big as Sydney." He said the approved march was a big challenge for authorities due to the sheer amount of people in a confined space and that he did not want to encourage other groups campaigning for other causes. Hunt for man in Scream mask over synagogue graffiti A synagogue has been spray-painted in a series of hate-fuelled attacks, sparking a hunt for a masked man. The synagogue, at South Yarra in Melbourne's inner southeast, has been the target of graffiti five times from March 11 to July 30. On each occasion, police say an unknown man arrived alone on a black e-scooter and tagged "offensive phrases". Security camera footage was released on Monday in a bid to track down the suspect, who is described as white, of medium build and bald. He usually wore a long black jacket and black and white face covering, but also donned a Ghostface mask from the movie Scream in his two most recent forays on July 22 and 30. "There is absolutely no place at all in our society for hate-based behaviour," police said. Melbourne synagogues have repeatedly become a target after Hamas' attack on Israel on October 7, 2023 and the nation's subsequent military campaign in Gaza. Here's what happened in the Logies last night OK, let's have a little recap of last night's Logies now. Departing Home and Away veteran Lynne McGranger claimed the coveted Gold Logie while it was a big night for ABC comedy Fisk which claimed a staggering five awards. Magda Szubanski was inducted into the Hall of Fame at the 65th Annual TV WEEK Logies Awards, and while there was an outpouring of love for the comedy great, some questioned why it has taken so long for her to receive recognition for her longstanding career. Addressing the win via video, she said she didn't feel the honour was due to her blood cancer diagnosis. Fan favourite Jelena Dokic was praised for her powerful acceptance speech after her documentary 'Unbreakable: The Jelena Dokic Story' took out the prize for Best Factual or Documentary Program. She said it was a big win for survivors and the Australian public hailed her ongoing courage to address the issue. For more on what was a big night, read our coverage here. The struggling industry Albo forgot in tax break While beer drinkers will be spared from another price hike this month, those who prefer spirits will have to dig a little deeper into their wallets. The government put a pause on the alcohol excise duty for beer after serious concerns were raised by brewers and pubs about the impact it was having on the industry. But that election goodwill didn't extend to those who drink vodka, rum, whisky, gin and other spirits. A spokesperson for the Australian Taxation Office told Yahoo Finance the excise undergoes a twice-yearly indexation update "based on the upward movement" of inflation, and Monday will be the second time this year that this type of booze goes up in price. "This is incredibly disappointing," Australian Distillers Association general manager Cameron Mackenzie said. "It's not just another tax hike, it's a significant one that distillers and hospitality venues simply can't absorb." Read more from Yahoo Finance here. Boy charged after 'dangerous' discovery on roads Police in Queensland are urging parents to get strict with children after a 15-year-old boy was charged following the discovery of a "dangerous" modified BMX frame. Police forces around the country are ramping up efforts to tackle illegal e-bike use and modification, and on July 15 police in Gympie intercepted the teen allegedly driving a homemade motorbike. Police allege the motorbike had been created by modifying a BMX bike frame to remove pedals and add electric motors controlled by a throttle. 'A powerful bike in the hands of an unlicenced and inexperienced driver is extremely dangerous to not only the rider, but also the other road users,' Inspector Shane Draper said. 'I especially urge parents to be familiar with the regulations and road rules regarding e-bikes and to work with their child to understand and respect those rules. 'This is all aimed at reducing the significant road trauma, fatalities and life-changing injuries we have seen from the use of the e-bikes." The boy has been charged with one count each of driving of motor vehicle without a driver licence, vehicles used on roads must be registered and drive uninsured vehicle. He is due to front a child's court later this month. Woman charged after toddler found inside suitcase A New Zealand woman has been charged with child neglect after a bus driver found a two-year-old girl alive in a suitcase that was stowed in the vehicle's luggage compartment, police say. The bus driver noticed movement inside the bag during a planned stop at the settlement of Kaiwaka, north of Auckland, after a passenger asked for access to the luggage compartment, Detective Inspector Simon Harrison said in a statement. When the driver opened the suitcase they discovered the toddler, who was very hot but otherwise appeared physically unharmed, Harrison said. The child was taken to a hospital, where she remained Sunday night. The woman will front court later today. With aP Robert Irwin face of new $130m push Robert Irwin is the big name in Australia's latest bid to lure tourists to our shores. A new $130 million advertising campaign will be used in a host of countries including the US and China over the coming months as Tourism Australia anticipates another surge in tourism in 2026 in the wake of the Covid pandemic. Check out one of the ads below. View this post on Instagram A post shared by Australia (@australia) Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube. Spike in youth homelessness 'a tragedy', Salvos say The Salvation Army says there's been more than 5,000 children who've needed help from their homelessness services in the past year. There has also been a 20 per cent increase in women and girls experiencing homelessness, the charity said. Forty-five per cent of those say they've experienced domestic or family violence. 'The increase in women and children experiencing homelessness is a tragedy,' Jed Donoghue, the National General Manager of The Salvation Army's Homelessness services, said. The Salvation Army says there's been more than 5,000 children who've needed help from their homelessness services in the past year. There has also been a 20 per cent increase in women and girls experiencing homelessness, the charity said. Forty-five per cent of those say they've experienced domestic or family violence. 'The increase in women and children experiencing homelessness is a tragedy,' Jed Donoghue, the National General Manager of The Salvation Army's Homelessness services, said. Just one week left for mystery winner of $670,000 to claim prize There's just one week left now for the winner of a $670,000 Saturday Gold Lotto prize to come forward before they lose it forever. The prize was won on August 11 2018 and has never been claimed. The unregistered ticket is currently the oldest unclaimed lottery prize in Australia and was purchased at Golden Lucky News in the Gold Coast suburb of Helensvale. By next Monday, the seven-year window to claim the prize will close. The Lott spokesperson Anna Hobdell earlier told Yahoo unclaimed prize money will have to be "returned to the community in some shape or form" if the winner isn't found. 'We're making one final call to all lottery players: now is the time to search every pocket, wallet and drawer. You might be holding a Saturday Gold Lotto ticket worth more than $670,000,' she said on Monday. There's just one week left now for the winner of a $670,000 Saturday Gold Lotto prize to come forward before they lose it forever. The prize was won on August 11 2018 and has never been claimed. The unregistered ticket is currently the oldest unclaimed lottery prize in Australia and was purchased at Golden Lucky News in the Gold Coast suburb of Helensvale. By next Monday, the seven-year window to claim the prize will close. The Lott spokesperson Anna Hobdell earlier told Yahoo unclaimed prize money will have to be "returned to the community in some shape or form" if the winner isn't found. 'We're making one final call to all lottery players: now is the time to search every pocket, wallet and drawer. You might be holding a Saturday Gold Lotto ticket worth more than $670,000,' she said on Monday. Teenage driver dies amid foggy conditions An 18-year-old female driver has died after her car crashed into a ute on a regional Victorian road amid foggy conditions. Her car struck a Toyota Hilux towing a trailer on Latrobe River Road in Yallourn North about 8.40am. The 27-year-old male driver was taken to hospital with non-life-threatening injuries, while the woman died at the scene, police said. A photo shared to the ABC shows the two vehicles badly damaged in heavy fog. Police are appealing for witnesses to come forward as investigations continue. An 18-year-old female driver has died after her car crashed into a ute on a regional Victorian road amid foggy conditions. Her car struck a Toyota Hilux towing a trailer on Latrobe River Road in Yallourn North about 8.40am. The 27-year-old male driver was taken to hospital with non-life-threatening injuries, while the woman died at the scene, police said. A photo shared to the ABC shows the two vehicles badly damaged in heavy fog. Police are appealing for witnesses to come forward as investigations continue. Premier slams 'deplorable' burning of Australian flag Victorian Premier Jacinta Allan has slammed the actions of a handful of protesters at a pro-Palestine rally after an Australian flag was deliberately set alight. Protesters covering their faces then spray painted "abolish Australia" on the road in Melbourne's CBD. 'It's deplorable, it's a deplorable action' she told the Today show. Victorian Premier Jacinta Allan has slammed the actions of a handful of protesters at a pro-Palestine rally after an Australian flag was deliberately set alight. Protesters covering their faces then spray painted "abolish Australia" on the road in Melbourne's CBD. 'It's deplorable, it's a deplorable action' she told the Today show. Sydney Harbour Bridge likely off limits moving forward, premier suggests NSW Premier Chris Minns has issued a warning to protesters after 100,000 people marched across the Sydney Opera House in support of Palestinians in Gaza. Minns stressed it was a rare call to give the green light to a protest of that size, which caused significant traffic disruptions on Sunday. 'No-one should assume it's open season on the bridge,' he told reporters. 'My job is to be on the side of public safety and ensuring that people can live and work and protest and enjoy a city as big as Sydney." He said the approved march was a big challenge for authorities due to the sheer amount of people in a confined space and that he did not want to encourage other groups campaigning for other causes. NSW Premier Chris Minns has issued a warning to protesters after 100,000 people marched across the Sydney Opera House in support of Palestinians in Gaza. Minns stressed it was a rare call to give the green light to a protest of that size, which caused significant traffic disruptions on Sunday. 'No-one should assume it's open season on the bridge,' he told reporters. 'My job is to be on the side of public safety and ensuring that people can live and work and protest and enjoy a city as big as Sydney." He said the approved march was a big challenge for authorities due to the sheer amount of people in a confined space and that he did not want to encourage other groups campaigning for other causes. Hunt for man in Scream mask over synagogue graffiti A synagogue has been spray-painted in a series of hate-fuelled attacks, sparking a hunt for a masked man. The synagogue, at South Yarra in Melbourne's inner southeast, has been the target of graffiti five times from March 11 to July 30. On each occasion, police say an unknown man arrived alone on a black e-scooter and tagged "offensive phrases". Security camera footage was released on Monday in a bid to track down the suspect, who is described as white, of medium build and bald. He usually wore a long black jacket and black and white face covering, but also donned a Ghostface mask from the movie Scream in his two most recent forays on July 22 and 30. "There is absolutely no place at all in our society for hate-based behaviour," police said. Melbourne synagogues have repeatedly become a target after Hamas' attack on Israel on October 7, 2023 and the nation's subsequent military campaign in Gaza. A synagogue has been spray-painted in a series of hate-fuelled attacks, sparking a hunt for a masked man. The synagogue, at South Yarra in Melbourne's inner southeast, has been the target of graffiti five times from March 11 to July 30. On each occasion, police say an unknown man arrived alone on a black e-scooter and tagged "offensive phrases". Security camera footage was released on Monday in a bid to track down the suspect, who is described as white, of medium build and bald. He usually wore a long black jacket and black and white face covering, but also donned a Ghostface mask from the movie Scream in his two most recent forays on July 22 and 30. "There is absolutely no place at all in our society for hate-based behaviour," police said. Melbourne synagogues have repeatedly become a target after Hamas' attack on Israel on October 7, 2023 and the nation's subsequent military campaign in Gaza. Here's what happened in the Logies last night OK, let's have a little recap of last night's Logies now. Departing Home and Away veteran Lynne McGranger claimed the coveted Gold Logie while it was a big night for ABC comedy Fisk which claimed a staggering five awards. Magda Szubanski was inducted into the Hall of Fame at the 65th Annual TV WEEK Logies Awards, and while there was an outpouring of love for the comedy great, some questioned why it has taken so long for her to receive recognition for her longstanding career. Addressing the win via video, she said she didn't feel the honour was due to her blood cancer diagnosis. Fan favourite Jelena Dokic was praised for her powerful acceptance speech after her documentary 'Unbreakable: The Jelena Dokic Story' took out the prize for Best Factual or Documentary Program. She said it was a big win for survivors and the Australian public hailed her ongoing courage to address the issue. For more on what was a big night, read our coverage here. OK, let's have a little recap of last night's Logies now. Departing Home and Away veteran Lynne McGranger claimed the coveted Gold Logie while it was a big night for ABC comedy Fisk which claimed a staggering five awards. Magda Szubanski was inducted into the Hall of Fame at the 65th Annual TV WEEK Logies Awards, and while there was an outpouring of love for the comedy great, some questioned why it has taken so long for her to receive recognition for her longstanding career. Addressing the win via video, she said she didn't feel the honour was due to her blood cancer diagnosis. Fan favourite Jelena Dokic was praised for her powerful acceptance speech after her documentary 'Unbreakable: The Jelena Dokic Story' took out the prize for Best Factual or Documentary Program. She said it was a big win for survivors and the Australian public hailed her ongoing courage to address the issue. For more on what was a big night, read our coverage here. The struggling industry Albo forgot in tax break While beer drinkers will be spared from another price hike this month, those who prefer spirits will have to dig a little deeper into their wallets. The government put a pause on the alcohol excise duty for beer after serious concerns were raised by brewers and pubs about the impact it was having on the industry. But that election goodwill didn't extend to those who drink vodka, rum, whisky, gin and other spirits. A spokesperson for the Australian Taxation Office told Yahoo Finance the excise undergoes a twice-yearly indexation update "based on the upward movement" of inflation, and Monday will be the second time this year that this type of booze goes up in price. "This is incredibly disappointing," Australian Distillers Association general manager Cameron Mackenzie said. "It's not just another tax hike, it's a significant one that distillers and hospitality venues simply can't absorb." Read more from Yahoo Finance here. While beer drinkers will be spared from another price hike this month, those who prefer spirits will have to dig a little deeper into their wallets. The government put a pause on the alcohol excise duty for beer after serious concerns were raised by brewers and pubs about the impact it was having on the industry. But that election goodwill didn't extend to those who drink vodka, rum, whisky, gin and other spirits. A spokesperson for the Australian Taxation Office told Yahoo Finance the excise undergoes a twice-yearly indexation update "based on the upward movement" of inflation, and Monday will be the second time this year that this type of booze goes up in price. "This is incredibly disappointing," Australian Distillers Association general manager Cameron Mackenzie said. "It's not just another tax hike, it's a significant one that distillers and hospitality venues simply can't absorb." Read more from Yahoo Finance here. Boy charged after 'dangerous' discovery on roads Police in Queensland are urging parents to get strict with children after a 15-year-old boy was charged following the discovery of a "dangerous" modified BMX frame. Police forces around the country are ramping up efforts to tackle illegal e-bike use and modification, and on July 15 police in Gympie intercepted the teen allegedly driving a homemade motorbike. Police allege the motorbike had been created by modifying a BMX bike frame to remove pedals and add electric motors controlled by a throttle. 'A powerful bike in the hands of an unlicenced and inexperienced driver is extremely dangerous to not only the rider, but also the other road users,' Inspector Shane Draper said. 'I especially urge parents to be familiar with the regulations and road rules regarding e-bikes and to work with their child to understand and respect those rules. 'This is all aimed at reducing the significant road trauma, fatalities and life-changing injuries we have seen from the use of the e-bikes." The boy has been charged with one count each of driving of motor vehicle without a driver licence, vehicles used on roads must be registered and drive uninsured vehicle. He is due to front a child's court later this month. Police in Queensland are urging parents to get strict with children after a 15-year-old boy was charged following the discovery of a "dangerous" modified BMX frame. Police forces around the country are ramping up efforts to tackle illegal e-bike use and modification, and on July 15 police in Gympie intercepted the teen allegedly driving a homemade motorbike. Police allege the motorbike had been created by modifying a BMX bike frame to remove pedals and add electric motors controlled by a throttle. 'A powerful bike in the hands of an unlicenced and inexperienced driver is extremely dangerous to not only the rider, but also the other road users,' Inspector Shane Draper said. 'I especially urge parents to be familiar with the regulations and road rules regarding e-bikes and to work with their child to understand and respect those rules. 'This is all aimed at reducing the significant road trauma, fatalities and life-changing injuries we have seen from the use of the e-bikes." The boy has been charged with one count each of driving of motor vehicle without a driver licence, vehicles used on roads must be registered and drive uninsured vehicle. He is due to front a child's court later this month. Woman charged after toddler found inside suitcase A New Zealand woman has been charged with child neglect after a bus driver found a two-year-old girl alive in a suitcase that was stowed in the vehicle's luggage compartment, police say. The bus driver noticed movement inside the bag during a planned stop at the settlement of Kaiwaka, north of Auckland, after a passenger asked for access to the luggage compartment, Detective Inspector Simon Harrison said in a statement. When the driver opened the suitcase they discovered the toddler, who was very hot but otherwise appeared physically unharmed, Harrison said. The child was taken to a hospital, where she remained Sunday night. The woman will front court later today. With aP A New Zealand woman has been charged with child neglect after a bus driver found a two-year-old girl alive in a suitcase that was stowed in the vehicle's luggage compartment, police say. The bus driver noticed movement inside the bag during a planned stop at the settlement of Kaiwaka, north of Auckland, after a passenger asked for access to the luggage compartment, Detective Inspector Simon Harrison said in a statement. When the driver opened the suitcase they discovered the toddler, who was very hot but otherwise appeared physically unharmed, Harrison said. The child was taken to a hospital, where she remained Sunday night. The woman will front court later today. With aP Robert Irwin face of new $130m push Robert Irwin is the big name in Australia's latest bid to lure tourists to our shores. A new $130 million advertising campaign will be used in a host of countries including the US and China over the coming months as Tourism Australia anticipates another surge in tourism in 2026 in the wake of the Covid pandemic. Check out one of the ads below. View this post on Instagram A post shared by Australia (@australia) Robert Irwin is the big name in Australia's latest bid to lure tourists to our shores. A new $130 million advertising campaign will be used in a host of countries including the US and China over the coming months as Tourism Australia anticipates another surge in tourism in 2026 in the wake of the Covid pandemic. Check out one of the ads below. View this post on Instagram A post shared by Australia (@australia)

Why copper, aluminium and steel are at the core of Trump's MAGA ideology
Why copper, aluminium and steel are at the core of Trump's MAGA ideology

Yahoo

time42 minutes ago

  • Yahoo

Why copper, aluminium and steel are at the core of Trump's MAGA ideology

Like the US government's country-specific tariffs, the hefty 50% levies on all steel, copper and aluminium imports go beyond economics — reflecting Trump's desire to reclaim once-dominant US industries and rally his blue-collar base. "Much of the motivation for tariffs on the base inputs of production, such as copper, is primarily a political motivation," David Stritch, a senior FX Analyst at Caxton, told Euronews. "Trump has on several occasions become frustrated at the reversal in the production of all three materials, away from the United States, which was the dominant global producer as recently as the 1980's, and towards Chile for copper and China for steel and aluminium," he continued. Trump has long framed steel and aluminium as the backbone of American strength, linking their production to economic survival as well as national security. During his first term in 2018, he underscored just how central he believes these industries are. "A strong steel and aluminium industry are vital to our national security. Absolutely vital," Trump said. "Steel is steel. You don't have steel, you don't have a country. Our industries have been targeted for years and years — decades, in fact — by unfair foreign trade practices leading to the shuttered plants and mills, the laying off of millions of workers, and the decimation of entire communities. And that's going to stop, right? It's going to stop," he declared at the time. When it comes to copper, the US currently imports around half of its resources, mostly from Chile and Canada. On Wednesday, copper prices fell sharply before the 1 August deadline for the implementation of new tariffs, with US copper futures sinking 20% to around $4.55 or €3.94 per pound, marking the largest intra-day fall on record. This came after US copper prices surged to new records in July when Trump first announced the levy. Again taking investors by surprise, the president then announced this week that the raw material — as opposed to semi-finished products — would be exempt from the duty, threatening less of a supply squeeze. Imports of copper concentrate and cathodes won't be affected by new levies, although shipments of wire, pipes, and sheeting will be. Meanwhile the doubling of steel and aluminium tariffs, to 50% from their previous 25% tariff rate, has significantly raised US domestic metal prices, cutting off cost-competitive imports and increasing volatility for manufacturers. Higher input costs and shrinking availability are forcing US companies to consider reshoring their investments and redesigning their supply chains. Whether or not tariffs will actually boost domestic production nonetheless remains to be seen, as levies imposed by Trump during his first term failed to do so. By 2024, US steel output was actually 1% lower than in 2017, before Trump's initial tariffs, while aluminium production had declined by nearly 10%. According to recent analysis, Trump's tariffs could raise manufacturing costs by up to 4.5%, squeezing narrow-margin sectors like EVs and appliances, as well as delaying investment in key manufacturing hubs across the country. Industries 'snatched away' from the US For most of the 20th century, the United States was the world's top copper producer until Chile took this title, marking the end of US dominance. Today, Chile remains the largest global producer of the metal. In terms of steel production, the US peaked in the early 1970s before the industry faced a prolonged collapse, deepened by a series of recessions. Cheaper and more efficient systems in Japan, South Korea, Europe and elsewhere undercut high-cost US integrated steel mills. A strong dollar also made foreign steel even cheaper, while domestic plants were burdened with aging equipment, high labour contracts and rising environmental costs. Steel towns — the ones Trump now wants to reinvigorate nearly 50 years later — collapsed economically, despite government interventions to keep them afloat. This is why the region from New York through the Midwest continues to be called the Rust Belt, referring to corroding mills and production sites that have long fallen out of use. Related Copper prices near an all-time high amid Trump's tariff threats, China's stimulus US copper prices soar after Trump threatens 50% tariff on imports In terms of aluminium, the US was the world's leading aluminium producer for much of the 20th century, largely due to the abundance of cheap electricity needed for smelting and strong domestic demand from defence, aerospace and automotive industries. In the early 2000s, China overtook the US as the leading producer of aluminium. "Trump's greatest base of support, primarily blue collar non-college educated men, has seen the largest drop in employment opportunities as a result of this offshoring," Stritch told Euronews. Increasing costs, especially in green-adjacent industries Trump's sweeping 50% tariffs on copper, steel and aluminium are likely to disrupt industries that rely heavily on these materials, from construction and defence and even green technologies. "Practically, all three materials are used extensively from solar panels to car batteries, one may assume that it would thus be the US manufacturing base that suffers to the largest extent," Stritch continued. Nowhere is this pressure felt more acutely than in sectors like electric vehicles and renewable energy, where these metals are essential and profit margins are already minimal. Stritch added: "We may further speculate that owing to the high tariff placed on these goods and the general fragility of the electric car market at present, the high inputs of all three materials and the thin average industry profit margin of 5%, EV producers may endure the worst of the increased input costs." Error in retrieving data Sign in to access your portfolio Error in retrieving data

Almost half of U.S. employees have experienced political discrimination
Almost half of U.S. employees have experienced political discrimination

Fast Company

time44 minutes ago

  • Fast Company

Almost half of U.S. employees have experienced political discrimination

Feeling comfortable enough at work to speak your mind can undoubtedly make for a pleasant work environment. But today many employees are biting their tongues at the office, especially when it comes to their political leanings. According to a recent My Perfect Resume survey of 1,000 U.S. employees, in today's fraught political climate free speech is hard to come by at work. Nearly three-quarters (74%) of employees say they feel the need to exercise caution around how they communicate with their employer and their workmates. Largely, they are worried about backlash over their political views: 68% say they don't talk about politics. This fear stands to reason: 43% of U.S. employees say they have either witnessed or personally experienced discrimination over political viewpoints. Likewise, employees whose politics don't align with their companies' feel they have to smile and nod: 41% said they felt pressured to agree with a 'workplace stance' on social and political views to avoid blowback. Over half (56%) say that cancel culture has destroyed open dialogue. 'On the surface, it might look like we're having more open conversations at work—but beneath that is a culture of fear and self-silencing,' said Jasmine Escalera, a career expert at MyPerfectResume. 'Employees are being told they can speak up, but they're also reading the room—and staying quiet.' While there's always been an old school belief that religion and politics should only be brought up in good company, in recent years cooperations have become more vocal on political matters. One study found that partisan speech from companies rose sharply from from 2012, with a major shift starting in late 2017, when political tweets from corporations doubled. Politically vocal companies may be appreciated by some consumers who want to know where to spend their dollars and what brands to boycott. However, the vast majority of people wants businesses to stay quiet on politics. According to a 2024 Axios Harris poll, less than four in 10 U.S. adults (38%) believe businesses should take public stances—a decline of 10 points since two years earlier. Still, in the current political climate, it may be more important than ever to seek out employment at a company whose values align with your own.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store