

More Trump Tariffs
Mar 27, 2025
The podcast dives into the recent 25% tariffs on foreign-made autos, stirring turbulence on Wall Street. Energy executives express fears about the far-reaching consequences of Trump's trade policies. Meanwhile, skyrocketing copper prices signal shifting market dynamics, and experts predict gold may soar to $3,500 amid inflation concerns. The interplay between tariffs and metal prices dominates the discussion, revealing how global trade tensions are reshaping investment landscapes.
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Impact of New Auto Tariffs
- New tariffs on imported automobiles and parts will start at 2.5% and rise to 25%.
- This could increase car prices by $5,000-$10,000 and raise repair and insurance costs.
Energy Executives' Concerns
- Energy executives are worried about Trump's trade policies, despite his "energy dominance" pledge.
- They fear higher steel tariffs will increase drilling costs and hinder domestic oil and gas production.
Copper Prices Soar
- US copper prices hit record highs due to trade war supply concerns.
- Traders are paying premiums for copper deliverable to COMEX, anticipating a 25% tariff.