Mexico and Chile are developing emergency strategies because the U.S. has announced plans to impose a 50% tariff on copper imports which threatens to break up one of the world’s essential metal supply networks.
Mexican President Claudia Sheinbaum indicated that her nation could shift its copper shipments to other markets since Washington’s closure would not eliminate global copper demand. President Gabriel Boric of Chile demanded official communication from the U.S. before taking action because he disapproved of the Trump administration’s practice of using social media to announce policies.
President Donald Trump has made copper a primary target in his current trade war escalation because this metal serves as an essential component for electric vehicles and power infrastructure. The United States receives its refined copper supply mainly from Chile which stands as its leading supplier while Mexico ranks as its fifth largest supplier. The two nations export most of their copper to China which reduces their immediate exposure to trade disruptions.
Sheinbaum announced that officials would proceed with their Washington trade and immigration talks this week despite the planned schedule. She emphasized that the government needs to achieve the best possible outcome while searching for alternative markets.
Boric stated that the White House needs to provide official clarification about copper cathode tariff inclusion before Chile makes any decisions. The government should handle diplomatic matters through official channels instead of using social media platforms according to Boric. The new tariffs are scheduled to begin on August 1.
