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0 0.000296672769934816 -2.99669464569223E-06 -0.00329936080503192 -0.00329936080503192 -0.00554688178938626 -0.0188821729632215 -0.024875562254833
Stock impact report

Chile, Canada, Peru oppose US copper tariff probe [Yahoo! Finance]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
countries do not threaten US security interests and should not be imposed with potential tariffs, reported Reuters The potential tariffs, which are being evaluated under the national security provision of the Trade Expansion Act of 1962, have raised concerns among the countries, which together supply 94% of the US' refined copper and copper alloys. The debate over US copper import tariffs comes amid an escalating tariff war and concerns over China's influence in the global copper market. With the Section 232 investigation due to be completed by November, the industry awaits the administration's decision on the matter. Freeport-McMoRan, a significant copper producer, has echoed the sentiments of the supplier nations. The company, with operations in the US, Chile, Peru and Indonesia, has advised against tariffs, suggesting they could harm the global economy. The American Chamber of Commerce in Chile highlighted the economic benefits of Chilean copper imports to the US and warn Show less Read more
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