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US-China tariff tensions drive global copper prices down over 15%, affecting key industries.
The US-China tariff war has led to a sharp decline in global copper prices, with the Bloomberg Commodity Index falling 4%.
China's recent tariffs on US goods have intensified fears of a shrinking global trade volume and a potential US recession.
Chile, the world’s top copper producer, is preparing to lower its 2025 price forecast.
Copper prices have dropped over 15% since April 2nd, affecting key industries like construction, automotive, and electronics.
Despite market downturns, Chile's state copper producer remains optimistic about long-term demand.
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Las tensiones arancelarias entre Estados Unidos y China hacen que los precios mundiales del cobre bajen más del 15%, afectando a industrias clave.