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flag US-China tariff tensions drive global copper prices down over 15%, affecting key industries.

flag The US-China tariff war has led to a sharp decline in global copper prices, with the Bloomberg Commodity Index falling 4%. flag China's recent tariffs on US goods have intensified fears of a shrinking global trade volume and a potential US recession. flag Chile, the world’s top copper producer, is preparing to lower its 2025 price forecast. flag Copper prices have dropped over 15% since April 2nd, affecting key industries like construction, automotive, and electronics. flag Despite market downturns, Chile's state copper producer remains optimistic about long-term demand.

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