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Copper's strategic role threatened by Trump tariffs
Copper's strategic role threatened by Trump tariffs
Economy
by  AFP

US President Donald Trump's threat to impose 50-percent tariffs on copper imports has roiled the strategic metal on markets. This is the level that markets had expected before Trump's bombshell announcement this week of a planned 50-percent tariff. pml-bcp/gv

Trump issues more letters to countries in push for tariff deals
Trump issues more letters to countries in push for tariff deals
Economy
by  AFP

US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for six countries as Washington pushes to bring about a flurry of trade deals. While the president in April imposed a 10 percent levy on almost all trading partners, he unveiled -- and then held off on -- higher rates for dozens of economies.

Copper giant Chile awaits 'official' news on US tariff raise
Copper giant Chile awaits 'official' news on US tariff raise
Economy
by  AFP

Chile, the world's biggest copper producer, said Wednesday it was awaiting an "official" follow-up on US President Donald Trump's announcement of a 50 percent tariff on imports of the metal. State-owned copper giant Codelco, the world's single biggest producer of the metal used in wiring, motors and renewable energy generation, also noted there had been no formal communication on the US tariffs.