Commodities such as oil, iron ore, copper, and soybeans have fallen in price due to a strengthening dollar and the likelihood of a Donald Trump victory in the US presidential election. The strong dollar has put pressure on these commodities, causing a decline in their prices. If Trump is re-elected, there may be potential new tariffs on Chinese goods, which could negatively impact metals. Additionally, geopolitical risks under a Trump administration could disrupt global oil supplies. Beijing may also respond with retaliatory tariffs on US soybeans if Trump imposes new tariffs on Chinese goods.