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Commodity firms poised for $300mn windfall from US copper tariff trade

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Trafigura, Mercuria, Glencore and IXM could reap bumper profits of more than $300mn after shipping record amounts of copper into the US ahead of tariffs on the metal. The commodity traders are at … Read more

Global commodity selloff is flashing warning signs for world economy

Global commodities have slumped more than 20% from the same period last year, according to the S&P GSCI Commodities index. Jung Getty | Moment | Getty Images Global commodity prices are getting hammered, as trade war tensions once more fester between the world’s two largest economies — and recession signals are flashing red. The S&P … Read more

SEC considers classifying XRP as commodity in settlement talks with Ripple

Key Takeaways The SEC is considering classifying XRP as a commodity during settlement talks with Ripple. Ethereum’s regulatory treatment is a key comparison point in the legal battle concerning XRP. Share this article The SEC is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple Labs, FOX Business senior correspondent Charles … Read more

Litecoin seen as commodity, Litecoin ETF likely first to debut under Trump, says expert

Key Takeaways Canary Capital’s Litecoin ETF might be the first spot crypto ETF approved by the SEC in 2025. The CFTC classifies Litecoin as a commodity, differentiating it from other digital assets facing regulatory challenges. Share this article Canary Capital’s Litecoin ETF is well-positioned to become the first spot crypto ETF approved by the SEC … Read more

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