Impact of Copper Tariffs

The African nation relies heavily on its copper industry and exports – the football team is even nicknamed Chipolo-polo - The Copper Bullets.

Now, US President Donald Trump has announced a new 50% tariff on copper imports from early August.

We explore the impact this could have on major copper producers, like Zambia and neighbouring DR Congo.

Price volatility could affect earnings, but some companies are saying the long-term outlook still looks strong because of global demand for copper in data centres and EVs.

Presenter: Will Bain Producer: Hannah Bewley

(Image: Workers prepare casting units at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia in May 2022. Credit: Getty Images)