Trump Imposes More Tariffs on Mexico
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U.S. President Donald Trump's announcement of a proposed 50% tariff on copper imports has raised concerns in Chile and Peru, which together account for nearly 40% of global copper production.
A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
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