The tariff regime is now a live-action hallucination and you’re paying for it.
Trump floated a 200% tariff on China. Then walked it back. Then threatened India. Then carved out Mexico. Then slapped Canada with 35%.
“Trump hiked tariffs on Canadian imports to 35%, though goods contained in the US-Mexico-Canada agreement are exempt.” https://finance.yahoo.com/news/live/trump-tariffs-live-updates-us-china-deadline-looming-court-ruling-on-trumps-authority-in-focus-200619980.html
Copper got hit with 50%. Except refined copper. Except cathodes. Except scrap.
“President Donald Trump signed a proclamation imposing a 50 percent tariff on semi-finished copper products… Exempted items include refined copper, ores, concentrates, cathodes, and scrap.” https://www.china-briefing.com/news/us-china-tariff-rates-2025/
Swiss gold bars? 39% tariff. Then “misinformation.” Then “clarification pending.”
“US Customs and Border Protection confirmed that these gold bars are now subject to tariffs, contradicting earlier industry expectations.” https://finance.yahoo.com/news/live/trump-tariffs-live-updates-us-china-deadline-looming-court-ruling-on-trumps-authority-in-focus-200619980.html
The copper market panicked. Warehouses filled. Prices collapsed.
“The US president had announced import tariffs of 50 percent, causing the price of copper to rise. But shortly before August 1, everything changed again.” https://www.resource-capital.ch/en/news/view/what-will-happen-to-the-price-of-copper/
Every tariff is a headline, not a plan. The rules change mid-sentence. Industries don’t know how to price tomorrow’s goods. And Americans quietly pay the bill in higher prices while the White House treats the global economy like improv night.
No one knows what’s real. Tariffs are announced, reversed, reworded, reclassified. The stage is set. The script keeps changing. And the audience is broke.
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