Copper Rises With US Tariffs, Codelco Mine Stoppage in Focus

Copper rose as traders continued to digest US President Donald Trump’s decision to spare the most traded form of the metal from his 50% tariff, while a deadly mine accident in Chile raised supply concerns.

Copper trading conditions started to settle on the London Metal Exchange, after the White House’s shock move last week to exclude refined metal from the newly imposed import levy. The decision sent US prices plunging by a record 22% on Thursday, pushing them back to parity with the LME’s global benchmark.