Learn why Trump is stopping the production of new pennies and how this affects cash transactions. With pennies costing nearly four cents to make, is the U.S. moving toward rounding prices and eliminating small change?
In today’s news, the U.S. may be stopping minting penny production, and this could change how we handle cash forever. Trump has ordered the Treasury to stop making pennies because they cost too much to produce—almost four cents each. This has people wondering if nickels could be next and what this means for prices, cash transactions, and collectors. Countries like Canada have already phased out pennies, but can the U.S. do the same? Businesses might start rounding prices, and rare pennies could become valuable. Understanding how this impacts spending and everyday transactions is crucial. Find out what happens next and how this affects your money.
No More Pennies? Trump Orders U.S. to Stop Minting Them
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