Commodity prices drop in response to tariffs

Payne Institute Faculty Fellow Ian Lange is featured on this podcast discussing the prices of commodities like crude oil, copper and soybeans have dropped in response to President Donald Trump’s tariff announcements, indicating pessimism about where the global economy may be headed. Even though many commodities, like oil, were exempt from tariffs, the broader economic effects of tariffs are likely to take a toll if they continue.  April 4, 2025.