Tariff Quote Watch: KGHM’s China Copper Trade Worries Could Hit BHP in Chile — Panjiva
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Tariff Quote Watch: KGHM’s China Copper Trade Worries Could Hit BHP in Chile

Chile 51 China 1760 Materials - Metals/Mining 482 Metals - Copper 39 Tariff Quote Watch 91 Tariffs 1170

The U.S.-China trade war could take a toll on demand for copper via a related slowdown in economic activity according to KGHM Polska’s CEO, Marcin Chludziński. Yet, he also believes China has “solutions to come away unscathed”, mitigating the long-term impact. China’s trade activity has yet to be heavily impacted by the trade war – its U.S. exports climbed 13.2% in October on a year earlier while global imports increased by 19.6%. Yet, demand for copper may be slowing with imports in the third quarter having fallen by 11.9% sequentially. That may be most kee...

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