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“We need lumber from Canada; appliances from Mexico; aluminum, steel, copper and furniture from China. All of those commodities and more were hit with the highest tax we’ve ever seen in yesterday’s announcement,” he said.

Despite being a hot commodity, he never imagined a program with USC’s prestige would come calling.

What they’re getting instead is uncertainty, falling commodity prices and the very real possibility of being shut out of long-cultivated markets as global buyers turn to Brazil, Argentina and the EU.

In the face of this, oxygen was a commodity.

He points to how financial institutions increasingly refer to nature as a commodity.