US Bank: Trump's Tariff Policy Could Drag Down Commodity Prices

BlockBeats News, November 19th, U.S. bank commodity strategist Francisco Blanch stated that President Trump has vowed to boost U.S. manufacturing and create jobs by imposing high tariffs, a move that could lead to a drop in commodity prices. "America First means commodities second." While it is difficult to predict its impact, some experts warn that this strategy could drive up inflation. The Trump administration may also resume issuing liquefied natural gas export permits. The biggest risk facing commodity prices comes from tariffs. (FXStreet)