World’s largest copper producer says Trump’s tariffs are causing ‘anxiety’

Codelco’s chair says he does not understand what the US wants to achieve with levies on the metal

The world’s largest copper producer says US tariffs are causing anxiety as the $250bn industry awaits details of proposed levies on the metal less than two weeks before they are due to kick in.

President Donald Trump this month said he would impose a 50 per cent tariff on copper from August 1 but did not clarify if this would apply to the refined metal, semi-finished products or copper ore. Miners