Chile's Finance Minister announced that the country will seek an exemption from the 50% U.S. tariffs on copper imports, emphasizing the metal's importance to Chile's export industry. Chile intends to request that copper tariffs be included in the broader U.S.-Chile trade agreement during upcoming trade discussions starting Monday in Washington. Following these efforts, the U.S. government, under President Donald Trump, decided not to apply the 50% tariff on refined Chilean copper imports for at least 2025 and 2026. This exemption has been welcomed by both Chile's government and opposition, with officials highlighting that Chilean copper strengthens the U.S. industry and confirming that Chilean copper will enter the U.S. market with zero tariffs.