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Investors await tariff updates, copper falls, search for next Fed Chair heats up

DeFi Daily News by DeFi Daily News
July 9, 2025
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Morning Brief anchor Julie Hyman breaks down the latest financial news for July 9, 2025.

President Trump teased more trade letters in a social media post late Tuesday night. The president said he will unveil additional tariff letters to more trading partners starting this morning.

Chaos in metals markets ensued when President Trump indicated that the US would implement a higher-than-expected 50% tariff on copper imports.

The battle to be the next Fed Chair heats up. According to The Wall Street Journal, the president’s economic advisor, Kevin Hassett, is emerging as a top contender, threatening former Fed governor Kevin Warsh, who was an early favorite for the position.
#youtube #stocks #tariffnews

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Tags: AwaitBondsbusinessChaircopperCurrenciesEquitiesFallsfedFed Chair Jerome PowellFXHeatsInvestingInvestmentInvestorsMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsSavingssearchStock marketstockstarifftariffsupdatesYahoo FinanceYahoo FInance Premium
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