Trump Orders Halt to U.S. Penny Production, Sparking Debate Over Its Future

The decision has reignited discussions on the penny's economic viability, sentimental value, and potential implications for cash usage.

President Donald Trump has directed the U.S. Treasury to stop minting pennies, citing their production cost of 3.7 cents per coin.
The penny's potential discontinuation has raised concerns about price rounding, with some fearing it could disproportionately impact low-income and cash-reliant individuals.
Economists argue that retiring the penny would save costs and have minimal impact on inflation, citing similar moves in countries like Canada and Australia.
Coin collectors and dealers are divided, with some viewing the penny's end as a loss of heritage and others seeing it as an opportunity to boost interest in rare coin collections.
The broader implications for cash usage remain a concern, as charities and small businesses rely on coins for donations and transactions.