Trump’s 50% Copper Tariff Risks Squeezing American Metal Buyers
Copper anodes ready for shipment at the Codelco El Teniente processing facility in Machali, Chile, in April. Chile accounts for roughly 70% of copper shipped to the US, with state-owned Codelco representing most of that.
Photographer: Cristobal Olivares/BloombergUS buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts.