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Trump imposes scaled-back copper tariff, US prices plunge
U.S. Comex copper futures plunged 19.5% after the announcement, quickly unwinding a premium over the London global benchmark that had grown in recent weeks as traders had assumed U.S. copper mines would see a financial benefit from the tariff.
Chile, the world's biggest supplier of the red metal, is also the top importer of copper cathodes to the United States.
Marcel added that Chile would ask for any tariffs to be included within a broader trade agreement with the United States.
Chile, the world's biggest copper producer, is hoping for a last-minute deal to stop the United States from imposing a ...
Copper prices on Comex slumped after Chile’s finance minister said the country will push for an exemption for a planned US ...
SANTIAGO (Reuters) -Chile expects copper tariffs to be discussed within broader U.S. trade talks in Washington this week, ...
Capstone is a copper miner with operations in Chile, Arizona, and Mexico. Its major draw for investors is the Santo Domingo ...
Freeport-McMoran (NYSE: FCX) stock fell as much as 5% Monday before paring the decline to 3% as Chile’s Finance Minister expressed optimism about securing an exception to potential U.S. copper tariffs ...
Top copper supplier Chile on Wednesday bumped up its outlook for prices of the red metal, though it flagged lagging output ...
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