No impact of 50% copper tariffs by US on Indian companies, says industry

By Ptilast Updated

No impact of 50% copper tariffs by US on Indian companies, says industry

The US President Donald Trump’s proposed copper tariff is unlikely to affect Indian firms. India is copper-deficient with insignificant exports. Shipments to the US are minimal. Domestic demand is strong due to renewable energy and EV sectors. India imports copper concentrate mainly from Indonesia, Chile, Peru and Panama.

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