How a potential Trump return to power could impact commodity prices and global markets

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The Republican candidate is running a tight race against incumbent Joe Biden, who could see his Inflation Reduction Act dismantled

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Former U.S. President Donald Trump attends his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 7, 2024 in New York City.

Not surprisingly, opinion polls also suggest that the state of the US economy — as well as rising living costs — will be a key deciding factor in the elections. , more said they trusted Trump than Biden on these issues and felt they were better off financially under the Republican president.— the centrepiece of Biden’s economic programme — “the biggest tax hike in history”.

The ratings agency attributed this to Trump’s aggressive trade policy, including tariffs on steel and aluminium imports to the US. A Trump presidency could be positive for platinum group metals , which have recently been hit by sharply lower prices, said

 

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Market correction: Trump stock tumbles after buoyant debutAfter a winning debut on Wall Street last month, Donald Trump's media group has suffered a bruising retreat, denting the Republican candidate's wealth as he faces legal challenges. Since entering public markets on March 26, Trump Media and Technology Group has seen its market value plummet from around $11 billion to under $4.5 billion.
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