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Goldman Sachs chief U.S. economist on Trump attack on tariff report
CNBC Television· 2025-08-13 17:30
Look, uh, we stand by the the results of the study. I think it's very early to be drawing definitive conclusions about how tariff costs will be shared, but in principle, tariff costs can be borne by foreign exporters, by US businesses or by US consumers. Now, we've had tariffs in place on that very first round from China for about 5 6 months.So, I think we have learned a little something. Our conclusion is that US businesses have borne most of the tariff costs so far because it takes time to negotiate lower ...
X @Bloomberg
Bloomberg· 2025-08-13 06:21
President Trump Trump tells Goldman's CEO to stick to spinning records and take a beat on the bank's negative tariff forecasts.Get more on this on the latest episode of the Bloomberg Daybreak Europe podcast. https://t.co/D1qrFJq76y ...
X @Bloomberg
Bloomberg· 2025-08-12 16:20
Small business owners who were euphoric on Trump's victory are now trying to make the best of a tariff-riddled landscape. That could cost the GOP in 2026, warns @patricialopez_4 (via @opinion) https://t.co/TGd0f2aCVQ ...
President Trump says gold will not be tariffed
CNBC Television· 2025-08-11 19:34
Market Impact - The president's statement clarified confusion regarding potential tariffs on gold bars, particularly those coming from Switzerland [2] - The initial confusion stemmed from Customs and Border Protection documents that suggested gold bars might be tariffed [2] - The market was surprised because gold bars are traditionally considered currency and not subject to export tariffs [3] Policy & Regulation - The president stated that "gold will not be tariffed" [2][5] - An executive order is expected to clarify the point that gold will not be tariffed [4] - The White House plans to instruct Customs and Border Protection to reverse the decree indicating potential tariffs on gold [5]
President Trump says gold will not be tariffed
CNBC Television· 2025-08-11 18:04
Breaking news out of Washington. Let's get to Aean Jabers at the White House for the latest. Hi, Aean.Morgan, that's right. We've got some clarity now for gold traders coming from the president. This in the form of a social media post.The president posting just a short time ago. Uh a statement from Donald J. Trump, president of the United States of America.Gold will not be tariffed. So that message from the president clearing up some confusion that we had late in the week last week after Customs and Border ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-11 11:53
Trade & Tariff - The industry suggests recycling as a potential workaround to President Trump's 50% tariff on imported aluminum [1]
X @Bloomberg
Bloomberg· 2025-08-09 13:42
A shock US ruling to tariff gold bars briefly threatened to disrupt an intricate financial system backed by the precious metal https://t.co/AYYE6gdThX ...
X @The Economist
The Economist· 2025-08-08 23:40
Donald Trump has slapped a tariff rate of 50% on Brazil, one of the steepest in the world. Yet the country imports more from America than it exports, and exemptions will soften an already light blow https://t.co/IcIsGmRuqI ...
X @Bloomberg
Bloomberg· 2025-08-08 13:50
Market Impact - The gold market is experiencing disruption due to a newly discovered 39% US tariff on exports from Switzerland [1] - The tariff applies specifically to the precious metal gold [1] Investment Implications - The report raises a question about the implications of the tariff for investors in the gold market [1]
X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-08-08 13:31
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