Bulletins and News Discussion from July 14th to July 20th, 2025 - A Golden Age Of Copper

Image is from this article, of a Chilean copper quarry.

Title is a reference to Trump's social media post about copper, which was, as usual, mostly deranged.

Trying to follow Trump's administration is pretty difficult, but as of right now, he is threatening 30% tariffs on Mexico and the EU starting on August 1st, as well as new tariff announcements on a bunch of other countries (including, bizarrely, a 50% tariff on Brazil), and also apparently a 50% tariff on copper, which the US imports half its supply of and is, of course, a very important metal in many applications.

I'm not sure what the plan is to bring back domestic copper production beyond hoping that it just sorta works out, but prominent copper producers, such as Chile and Canada, seem both concerned and confused. Reuters had a line that made me chuckle:

Boric said he was awaiting official communication from the U.S. government, including whether the tariffs would include copper cathodes, and questioned "whether this will actually be implemented or not."

Big mood, Boric.

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