Earlier this week, President Donald Trump sent ripples across the commodities sector with the announcement that he will impose a 50% tariff on copper imports. According to a CNBC report, Trump implied that additional sector-specific levies would be just over the horizon.

Copper miner Antofagasta sees opportunity for its planned copper project in the United States in the context of 50% tariffs on the metal imposed by the Trump administration, CEO Ivan Arriagada said at an event on Thursday.

President Donald Trump says he will put a 50% tariff on copper imports before noting the value of the versatile metal.