Potential Impact of Trump Re-election on Commodity Markets, According to HSBC's Bloxham

Reported 9 months ago

HSBC's chief economist Paul Bloxham warned that a second term for former U.S. president Donald Trump could lead to greater fragmentation and supply disruptions in commodity markets. The weak performance of President Joe Biden in the first presidential debate has heightened speculation about Trump's return, impacting trade policies and tariffs on China. Bloxham emphasized the risks of global trade protectionism and geopolitical tensions contributing to commodity market disruptions and price support, with a shift towards a 'super bull' phase in commodities predicted by HSBC's model.

Source: YAHOO

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