Although it is a complicated decision for Latin American
countries, the decision of two of them was announced, in order to
"rebel" at President Trump's international economic policies.
According to Reuters, Chile and Mexico could seek markets in
other countries to avoid the Trump administration's tariffs, one day after
President Trump announced that he would soon announce a 50% tariff on the red
metal. Mexico and Chile export most of their copper to China.
Chile is the largest supplier of copper to the US, a market
that represents about 11% of its total copper exports and less than 7% of its
refined copper exports.
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