Stock Market Today: Dow Futures Fall After Trump Unveils 50% Brazil Tariff — Live Updates
Diverting from the form letter sent to other countries, Trump used his Brazil message to criticize the country's legal case against Jair Bolsonaro, Brazil's former leader. The tariffs, Trump wrote, would be based in part on Brazil's "insidious attacks on Free Elections" and its treatment of Bolsonaro, which Trump called "an international disgrace."
Early Thursday, stock futures fell modestly, while copper prices rose after Trump said 50% duties on imports of the metal would take effect next month. Prices for the metal hit record highs Tuesday, when Trump first announced the levy.
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Stock market today: Dow futures rise as S&P 500, Nasdaq lag as Wall Street juggles tariffs, earnings, and inflation
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