Core Insights - Negotiations for a tax exemption on copper in Chile have been urgently initiated, raising questions about the potential impact on the U.S. market and whether copper prices could decline by another 10% [1] Group 1 - The urgent start of negotiations for a copper tax exemption in Chile indicates a significant shift in policy that could affect global copper supply dynamics [1] - The U.S. market's response to these negotiations is critical, as it may influence copper pricing and trading strategies [1] - Analysts are speculating on the possibility of a further 10% drop in copper prices, which would have implications for various industries reliant on copper [1]

Core Insights - Copper prices continue to decline due to U.S. trade policies and a surge in copper supply from Chile [1] Group 1 - The ongoing drop in copper prices is influenced by U.S. trade policies [1] - Increased copper supply from Chile is contributing to the downward pressure on prices [1] - The duration of the copper price decline remains uncertain [1]