Trump’s tariffs have inflicted almost $12 billion of losses on global automakers, the biggest hit they have faced since the pandemic. This may be just the beginning. https://t.co/XDRsA0qBQp ...

Trump's tariffs have stunned the gold market. That's because the US Customs and Border Protection made clear that imports of one kilo and 100 ounce gold bars are now subject to tariffs. A major shock to the industry, which is used to those bars being exempt.Gold industry executives, analysts and traders are now all scrambling to understand what this US policy means for them, which is resulting in shipments being frozen and lots of price action. Gold futures, which are backed by those bars of gold, rose to a ...

for more now is David Zervos. He's the chief market strategist at Jeffre and a CNBC contributor. David, I wonder, you know, knowing the president and how he operates the way you do.I wonder if you think that the president is getting some leverage here by nominating Myin just for that temporary position until January. Does the president then have leverage over him. Even though Myron is is a Trump guy, you know, he's going to if he wants the job permanently, he's going to have to watch how he votes, won't he. ...

Joining me now is Paul Christopher. He's head of global investment strategy at Wells Fargo Investment Institute. Great to see you.Thanks for being here, Paul. The question for you is uh I guess two things, right. One is why has that trend flipped.And two is how long is it going to last. >> Well, yeah, this the second question, that's your $64,000 question, but let me take a tackle the first one first. Uh we it's not unusual during a rally to see the market pause for a time when they start to get evidence of ...

The Trump administration suggested it would issue a new policy clarifying that imports of gold bars should not face tariffs, after the government stunned traders by ruling that they would be subject to duties https://t.co/9tUG0ZLHBI ...

Trump's use of “reciprocal” tariffs to level the playing field in global trade by imposing duties based on where a product is made sounds pretty simple. Except it's not https://t.co/2lbAD3w87A ...

Trump's tariffs have stunned the gold market. That's because the US Customs and Border Protection made clear that imports of 1 kilo and 100 ounce gold bars are now subject to tariffs. A major shock to the industry which is used to those bars being exempt.Gold industry executives, analysts, and traders are now all scrambling to understand what this US policy means for them, which is resulting in shipments being frozen and lots of price action. Gold futures, which are backed by those bars of gold, rose to a r ...

This has been a quite a bit of a shock for the gold market because the bullion market thought it was totally exempt from tariffs. But what this letter that the FT and Bloomberg h have talked about that was sent to Customs and Border Patrol is basically clarifying that 1 kilogram and 100 ounce gold bars from Switzerland will be tariffed. Those bars are what are the deliverable bars on futures that are traded in New York.That's why overnight you saw the comx gold futures uh just skyrocket. And now this really ...

JUST IN: Michael Saylor responds to US tariffs on gold"Bitcoin lives in cyberspace. No tariffs in cyberspace." https://t.co/GQKx3bSSlW ...

JUST IN: Michael Saylor tells Bloomberg you can't tariff Bitcoin unlike gold has been 💥"Bitcoin is digital gold. Bitcoin lives in cyberspace. No tariffs in cyberspace" 🚀 https://t.co/mv1m5N50u8 ...