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    Home » Trump Threatens 50% Copper, 200% Pharma Tariffs | Open Interest 7/09/2025

    Trump Threatens 50% Copper, 200% Pharma Tariffs | Open Interest 7/09/2025

    webmasterBy webmasterJuly 9, 2025 News 2 Mins Read
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    Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Copper prices surge after President Trump announced 50% tariffs, however the market is still awaiting details on what exactly will be tariffed. Merck agrees to buy Verona Pharma for about $10B as the patent for its bestselling cancer drug will soon expire. Linda Yaccarino announced that she is stepping down from the CEO role at X after two years at the helm. Genco CEO Wobensmith joins Open Interest to discuss the impact of tariffs on global imports.

    Chapters:
    00:00:00 – Open Interest Starts
    00:04:11 – Trump Tariff Causes Metal Mayhem
    00:10:16 – HIGH INTEREST
    00:24:33 – US Equities Rise on Tariff Delays | Seema Shah, Principal Asset Management Chief Global Strategist
    00:32:44 – TOP CALLS
    00:39:59 – Boeing Delivers Most Jets in 18 Months | Savanthi Syth, Raymond James Airlines Managing Director
    00:47:09 – Price Target Increase on the S&P 500 | David Kostin, Goldman Sachs Chief US Equity Strategist
    00:49:07 – Miran: See Uncertainty from Tariffs Starting to Reduce | Stephen Miran, White House CEA Chair
    01:08:55 – Impact of Tariffs on the Shipping Industry | John Wobensmith, Genco CEO
    01:20:50 – Goldman Asks Junior Bankers to Confirm Loyalty
    01:24:37 – Yaccarino: Decided to Step Down as CEO of X
    ——–
    More on Bloomberg Television and Markets

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