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Economy

An oil derrick.
Energy

Trump’s Tariffs Are a Catastrophe for Oil

A double whammy of presidential policies — more OPEC output and historic trade levies — are sending fossil stocks tumbling.

Economy

AM Briefing: Tariffs Sink In

On Wall Street’s wipeout, more severe weather, and hurricane season predictions

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Climate

AM Briefing: Once-in-a-Lifetime Flooding

On once-in-a-lifetime bad weather, Trump tariffs, and Tesla’s shares

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Trump’s ‘Liberation Day’ Tariffs Loom

AM Briefing: Liberation Day

On trade turbulence, special election results, and HHS cuts

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Trump Reportedly Wants to Fast Track Deep-Sea Mining

AM Briefing: Trump and the Deep-Sea Mining Debate

On critical minerals, Tesla’s home battery business, and India’s heat wave

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Energy

Renewable Energy Is Already Paying the Price for Copper Tariffs

They haven’t even been announced yet, but the idea that they will has sent prices soaring.

Copper and an EV.
<p>Heatmap Illustration/Getty Images, Ford</p>

China, Canada, Mexico, steel, aluminum, cars, and soon, copper. That’s what the market has concluded following a Bloomberg News report last week that copper tariffs would arrive far sooner than the 270 days President Trump gave the Department of Commerce to conduct its investigation into “dumping” of the metal.

Copper has been dubbed the “metal of electrification,” and demand for it is expected to skyrocket under any reasonable scenario to contain global temperature rise. Even according to a U.S. administration that, at best, neglects climate change considerations, copper is an “essential material for national security, economic strength, and industrial resilience,” as the Trump White House said while announcing its investigation into copper imports.

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Economy

AM Briefing: Trump’s Car Price Confession

On auto imports, special elections, and Volvo’s new CEO

Trump ‘Couldn’t Care Less’ If His Tariffs Hike Car Prices
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Ice storms left more than 900,000 customers without power across Michigan, Wisconsin, and Indiana • The Table Rock Fire, which ignited in South Carolina more than a week ago, has jumped the border into North Carolina • Meteorologists are warning that unprecedented flooding in the Australian state of Queensland could go on for days.

THE TOP FIVE

1. Entire East Coast faces severe storm threats today

Nearly the entire East Coast faces the threat of severe weather today from a powerful storm system that has already left thousands of customers in central and midwestern states without electricity. Roughly 100 million people will be at risk of damaging winds, hail, and possible tornadoes through Monday evening as a cold front collides with unseasonably warm air to help fuel the system. Some 300 tornadoes have already been recorded in the first three months of 2025, nearly double the number from the same time last year.

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