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From the Floor: Commodities hammered by trade tariffs – #SaxoStrats
The week ends on a sour note for commodities after US President Donald Trump signed off on his controversial tariffs on steel and aluminium, allowing them take effect in 15 days' time. Although Canada and Mexico have won temporary exemptions (while NAFTA negotiations continue), industrial metals are taking a beating and prices are down more than 10% on the week.
13:39 minutes
Tags: bonds, commodities, donald trump, equities, forex, from the floor, home.saxo, north korea, saxostrats, saxotradergo, tradingfloor.com
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