CLBernardo Fontaine, president of Codelco, Chile's state-owned copper mining company, addressed concerns over potential tariffs on Chilean copper imposed by U.S. President Donald Trump. While copper was excluded from an initial list of products facing additional tariffs, Trump has left open the possibility of gradual increases starting next year. Fontaine stated that Codelco has not developed a specific protocol to address such a scenario but expressed confidence that the U.S. relies heavily on imported copper and lacks the capacity to produce it domestically. He emphasized that developing new copper mines in the U.S. would take many years and argued that imposing tariffs would not benefit the U.S. economically. Additionally, Fontaine noted that Codelco’s original investment plan is now deemed unrealistic due to overly optimistic production projections, leading to a suspension of new investments.
Bias read (Center): The article presents statements from Bernardo Fontaine, a high-ranking official at Codelco, regarding U.S. trade policies under Donald Trump. The framing remains neutral, quoting Fontaine's arguments without overtly favoring either side. There is no evident loaded language, one-sided sourcing, or oм
