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Home Market Research Business

Commodities take a hit as Trump reciprocal tariffs dampen sentiment, Brent slides over 3%

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
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Commodities take a hit as Trump reciprocal tariffs dampen sentiment, Brent slides over 3%
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Apr. 04, 2025 6:08 AM ETGlobal X Copper Miners ETF (COPX), MOO, CO1:COMUCO, XLE, DBA, DBO, UNG, FCG, USL, SCO, UNL, CORN, BNO, SOYB, WEAT, BOIL, KOLD, CPER, GUSH, DRIP, USOI, XAUUSD:CUR, CL1:COMBy: Arundhati Sarkar, SA News Editor

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President Donald Trump’s reciprocal tariffs have rocked commodity markets, with almost all sub-asset classes displaying losses and dragging down the Bloomberg Commodity Index.

As the risk of a U.S.-led global recession has risen substantially, BMI expects investor sentiment to tilt towards



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Tags: BrentCommoditiesdampenhitreciprocalsentimentslidesTariffsTrump
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