Reported about 7 hours ago
U.S. President Donald Trump's recent tariffs on Canada, Mexico, and China, aimed at combating illegal immigration and drug trade, have triggered market volatility in commodities. Goldman Sachs predicts that Canadian oil producers will face heightened costs, while reactions from various financial institutions indicate an expected increase in gold prices and a decline in natural gas exports, without significant effects on U.S. gas prices. Overall, the tariffs are expected to complicate pricing in the commodities market.
Source: YAHOO