The Chilean government will meet next Tuesday with various actors from the vital copper industry in the country to talk about the eventual impact of tariffs To the metal announced by the United States, the Minister of Mining, Aurora Williams said Thursday.
The official reiterated at a press conference that the Government has not received official information about the announcement of US President Donald Trumpwho said it would impose a rate of 50% to metal imports.
“We have planned a meeting during the next week, specifically on Tuesday, we have invited the diversity of the mining industry, Not only to the mining unions itself, but also to the value chain to talk about these issues, “he told reporters.
“It is not specified, because we do not have the official information, if the aforementioned is referred to copper tariffs as raw material as semi -processed or prosecuted that include copper, “he recalled.
Chile is the world’s largest producer of copper and main provider of cathode for the US market.
Williams stressed that the price of metal has remained over US $ 4.40 per pound amid volatility which has injected Trump’s announcement into the market.
“There is a volatile component that has to do with expectations, with the volatility that the tariff issue means. Without prejudice to this, the demand for copper is strongly sustained in international markets, which has allowed the price to remain, “he said.
In addition to the state Codelco, Freeport McMoran and BHP are the main companies that send copper to the North American country from Chile.
