Decision to exclude copper from US tariffs ‘is good news for Chile and US’

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  • Decision to exclude copper from US tariffs ‘is good news for Chile and US’

Chilean ministers welcomed the United States' decision to exclude copper from a 50-percent levy on semi-finished products. The price of copper, which had soared after US President Donald Trump flagged the tariffs earlier this month, plunged by almost 20 percent when it emerged the duty would not apply to refined or raw copper metal.
The metal is used extensively in industry and defense manufacturing, and the White House said the United States had become overly reliant on copper imports, having once been a world leader in production.

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