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7/15/2025 - Will the 50% Tariff and Price Increase of Copper Hurt the Economy? Is the Jump in the CPI to 2.7% a Result of the Tariffs Working Through the Economy?
Phil, Mike, and Larry explain how the new 50% tariff on copper and the ensuing price increase will hurt the economy. They then talk about the latest consumer price index reading jumping 0.3% in June for a 12-month inflation rate of 2.7% and whether this is the first sign of the tariffs working their way through the economy.
Submit your questions to [email protected]
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
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By Focused Wealth ManagementPhil, Mike, and Larry explain how the new 50% tariff on copper and the ensuing price increase will hurt the economy. They then talk about the latest consumer price index reading jumping 0.3% in June for a 12-month inflation rate of 2.7% and whether this is the first sign of the tariffs working their way through the economy.
Submit your questions to [email protected]
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.