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US Surprises Gold Bullion Market With Gold Bar Import Tariff
Bloomberg Television· 2025-08-08 12:59
Tariffs remain high up the agenda in the Trump administration following the Swiss president's failure to reduce tariffs on her country after a visit to Washington earlier this week. The Financial Times is reporting that the US has imposed tariffs on imports of one kilo gold bars, dealing a further blow to Switzerland, which is the biggest player in gold refining. For more, I'm joined by Bloomberg's Brendan Murray, who tracks global trade for the US.And Brendan, we have a fantastic question from a viewer on ...
X @Forbes
Forbes· 2025-08-08 10:40
Japan Says U.S. Has Agreed To Fix ‘Regrettable’ Error In Trump’s Tariff Order And Give Refundshttps://t.co/HlclqMBVJ2 https://t.co/6Ph7Cj9ZPo ...
X @The Economist
The Economist· 2025-08-08 09:20
Donald Trump has decided that because India’s “massive” oil purchases fund “the Russian War Machine”, it will suffer a further 25% tariff on top of the 25% the president slapped on the country last week, bringing the total tariff rate to 50% https://t.co/siWAkfaokT ...
X @The Economist
The Economist· 2025-08-08 01:00
Donald Trump’s tariff vendetta against India marks an ugly end to his bromance with Narendra Modi. Now even India’s few reliably pro-American voices are losing faith https://t.co/Y7i86RFmX2Photo: Getty Images https://t.co/qlfyk0xgJu ...
Chip stocks to consider after Trump's 100% tariff threat
Yahoo Finance· 2025-08-07 23:01
Shares of Intel under pressure today after President Trump urges for CEO Lip Bhutan to resign, saying in a true social post that quote, "The CEO is highly conflicted and that he must resign immediately as there is no other solution." Lip Bhutan was named Intel CEO back in March taking over for Pat Gellzinger. With the president targeting Intel Seauite, it adds another hurdle for the company amid its turnaround efforts. For more on the rocky terrain for the ship company, let's bring in Bernstein managing dir ...
X @The Economist
The Economist· 2025-08-07 21:40
Months-long negotiations between the America and India towards a “mini-deal” have yielded a final tariff rate that is virtually double the original threat from Donald Trump https://t.co/QGdfECewnJ ...
Around 70 countries hit with new round of Trump tariffs
MSNBC· 2025-08-07 20:25
As we were sleeping at midnight, a new round of tariffs just took effect, impacting about 70 countries around the world. If you take a look at a map, you would need a magnifying glass to take a look at each individual tariff rate. Take a look at the likes of Brazil and also India that are facing a 50% and 25% tariff rate, respectively.India, by the way, set to rise to 50% at the end of this month. But you look at all the other countries that are facing 15, 20, 25%, 35% tariffs. These are effective today.mea ...
How Trump's tariffs impact the market and economy, 401(k) changes
Yahoo Finance· 2025-08-07 16:56
I'm the finance executive editor Brian Sazi and you're taking a look at a live shot of the opening bells on Wall Street on this Thursday morning. C1 Fund ringing the bell at the New York Stock Exchange Firefly Aerospace getting things popping over at the NASDAQ. Couple stocks top of mind for me out of the block here. Airbnb getting pounded on week third quarter guidance. True story. I've only used Airbnb once. More of a Marriott or Hilton guy myself. A rare win for the well compensated David Zazlav at strug ...
X @The Wall Street Journal
From @WSJopinion: Trump wants at long last to raise the pressure on Russia for a cease-fire in Ukraine, and on Wednesday he threatened India with a 50% tariff if it keeps buying Russian oil. The puzzle is why the President is so far giving China a pass. https://t.co/GdYNB2UIpc ...
Small business could fold under tariff pressure
CNBC Television· 2025-08-07 16:12
President Trump's tariffs remain an uncertainty for various sectors. Here's how one industry is handling them. People are generally using old, uncomfortable, lowquality camping gear.So, our first product is a portable chair uh that we developed over multiple years. So, we've been growing really rapidly the past 2 or 3 years, almost doubling the the business every year. Our plans had been to double the business again this year.About a year ago, we started moving out of China and into Cambodia. Uh there was a ...