US EditionCould Copper Tariff Hurt US More than Chile?
CHILE, JUL 29 – The 50% tariff aims to protect US copper industry amid rising prices and stockpiling, with Chile accounting for 51% of US copper imports, officials said.
- President Donald Trump announced a copper tariff starting Friday, as Chile seeks an exemption before the August 1 implementation date.
- The United States aims to revitalize a domestic industry overtaken by China following Trump's tariffs announced to strengthen manufacturing.
- On July 30, 2025, copper traded at $5.63 per pound as US buyers paid up to 30 percent premiums before the tariff, with prices up around 40% this year.
- Chile’s foreign ministry said 'confidential' talks with US delegates would continue to the last minute, after Chile’s Finance Minister Mario Marcel said the country will seek an exemption.
- Chile could pivot its exports, as analysts say the country can find alternative markets for copper critical to AI and green energy, according to economists like Maurice Obstfeld.
35 Articles
35 Articles
The threat from the United States to impose a 50% tariff on copper triggered its price. Chile, the world’s leading metal producer, is confident that it will be able to avoid Donald Trump’s punishment in counterclockwise negotiations in Washington. Except for an agreement, the tax will come into effect on August 1. – Confidential negotiations – Chile and the United States have been negotiating a tariff agreement since Monday in Washington under s…
Donald Trump's 50% copper tariff will eventually not include refined red metal, the main...
Copper Faces Tariff Anxiety, Mixed Technicals as Global Trade Hangs in Balance
Copper traded at $5.63 per pound in the morning of July 30, 2025, after a volatile 24-hour window shaped by tariff fears and shifting technical signals, based both on official exchange data and observed market charts. The rapid price swings began during the last New York session, when announcements of upcoming 50% U.S. tariffs on […]
Key hours pass through the country. Undersecretary of International Economic Relations (Subrei), Claudia Sanhueza, leads the march is in full process of negotiation with the representatives of the United States with the aim of postponing the entry into force of the tariffs on 50% copper scheduled for this Friday, August 1, which is the main product exported by Chile.If a 50% tariff for copper were established, it would be added to 10% that since…
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