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Analysis: Commodities, Interest Rates Collapse After President Trump's Reciprocal Tariffs Announcement - The Florida Capital Star

Summary by Florida Capital Star
by Robert Romano   Commodities prices and interest rates collapsed across the board following President Donald Trump’s Wednesday announcement of reciprocal tariffs on U.S. trade partners despite Congressional Democrats’ predictions that inflation would increase as a result of the tariffs. Crude oil went from $72.22 prior to the announcement down to $66.12 per barrel as of this writing, a 8.4 percent decrease. Hot rolled coil steel’s June contrac…

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Florida Capital Star broke the news in Florida, United States on Thursday, April 3, 2025.
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