Chile Eyes Opportunities Amid Potential U.S. Tariff on Copper

Global copper demand might slow due to potential U.S. tariffs, according to Chile's Mining Minister. Chile hopes for a competitive edge with reduced tariffs, presenting new opportunities.

Global copper demand could witness a slowdown amid the looming uncertainty of U.S. tariffs, Chile's Mining Minister, Aurora Williams, stated on Wednesday.

With the potential imposition of copper tariffs on Chile by the U.S., Williams expressed a hopeful outlook concerning a competitive advantage for Chile at the lower end of the tariff spectrum.

"Our competitiveness improves with reduced tariffs, opening up significant opportunities," Williams noted in a recent interview.

(With inputs from agencies.)