May 14, 2025

Economics

Commodity Markets Economics Finance Investment

Commodities: Understanding the Backbone of Global Trade

Introduction Commodities are vital products that drive economies, form markets, and serve as the foundation of daily life. Commodities, which include crude oil and natural gas as well as gold, wheat, and coffee, play an important role in global trade and investment. This comprehensive article will explain what commodities are, how they are classified, how

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The WTO claims that US tariffs will reduce international trade.

The World Trade Organization (WTO) has predicted that the tariffs imposed by US President Donald Trump will result in a decline in global trade this year. It highlighted “severe downside risks” that might cause the global goods trade to decrease even more, such as reciprocal tariffs and political unpredictability. The World Trade Organization predicted that

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