<ul data-eligibleForWebStory="false"><li>President Trump escalates trade war by targeting the copper market with threats of imposing 50% tariffs on imports, impacting semiconductor and electric vehicle markets.</li><li>Copper futures surged over 10% following the announcement, prompting investors to consider taking profits amidst the uncertainty. Companies like Freeport-McMoran and Teck may be at risk of a downtrend.</li><li>Pharmaceutical stocks showed resilience despite threats of higher tariffs by President Trump, with major companies like Merck, Johnson & Johnson, Novartis, and Novo Nordisk trading higher. Bristol-Myers, Pfizer, and AstraZeneca are recommended as attractive stocks due to their cheap valuations.</li><li>Market sentiment remains relatively calm towards daily tariff threats, with expectations that any significant tariff implementation may not occur for 12-18 months, potentially influenced by future political changes. A panic-induced sell-off is deemed unlikely until detailed tariff rate agreements are signed.</li></ul>

Daily Tariff Updates on Copper and Pharmaceuticals

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