CRS, U.S.-Chile Trade Under IEEPA Tariffs, FTA Friction, and Critical Minerals Stakes

A CRS overview of U.S.-Chile relations flags a 10% IEEPA tariff imposed on Chilean imports since April 2025 that operates alongside the existing U.S.-Chile FTA, with refined copper cathodes currently exempt from both IEEPA and §232 duties. Congress may codify, terminate, or modify the tariffs and establish negotiating objectives as Chile-the world's top copper and second-largest lithium producer-remains a...