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 ...

Trade Policy - The report discusses Trump's proposed use of "reciprocal" tariffs to level the playing field in global trade [1] - The report suggests that the concept of "reciprocal" tariffs, while seemingly simple, is actually complex [1]

Market Impact - US Customs and Border Protection imposing tariffs on 1 kilo and 100 ounce gold bar imports is a major shock to the gold industry [1] - The new tariff policy is causing confusion and uncertainty among gold industry executives, analysts, and traders, leading to frozen shipments and price volatility [2] - Gold futures, backed by these gold bars, rose to a record high [2] - A 39% tariff on imports from Switzerland adds costs and complicates investment decisions for those using gold as an inflation hedge or safe haven [4] Geopolitical & Economic Factors - The tariffs are a result of Trump's aim to address Switzerland's large trade surplus with the US, which is significantly influenced by gold exports [3] - Switzerland is the world's largest gold refining hub, processing billions of dollars worth of gold [3] - Gold is constantly being moved between central banks and reserves globally, making the tariff's impact widespread [3] Future Outlook - Significant movements in gold markets may continue until there is clarity from Washington regarding the tariff policy [4]

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 ...

Market Perspective - Bitcoin is characterized as digital gold, existing in cyberspace [1] - Unlike gold, Bitcoin cannot be subjected to tariffs due to its digital nature [1]

Tariff Impact & Inflation - JP Morgan 认为，行业特定的 Section 232 关税可能比国家特定的关税对有效关税率产生更大的影响，预计稳定在 22% 左右 [1] - 总体而言，预计关税总成本的约 60% 将转嫁给消费者，而公司承担约 40% [2] - 关税成本可能会在今年剩余时间内增加，但明年可能会被减税的一些好处所抵消 [3] - 商品成本可能会继续上涨，但服务领域可能会出现转变，有助于明年年底通胀下降 [4][5] - 增长和通胀通常朝着相同的方向发展，这可能会使明年上半年的通胀保持在高位 [5] Monetary Policy & Labor Market - 如果明年通胀保持在高位，增长加速，即使只是在较短的时间内，可能会进一步将降息推迟到下半年，并且总体而言，降息幅度可能会低于市场预期 [7] - 劳动力市场可能存在更大的复杂情况，明年上半年如果增长略高，可能会延长劳动力市场的寿命 [8][9] - 税收减免将在很大程度上帮助消费，但如果劳动力市场总体疲软，则存在疑问 [9] - 小型企业面临的十大业务问题中，利率和融资成本排名第 10，而劳动力质量排名第 2，劳动力质量高于劳动力成本 [12] - 人口结构变化正在减缓劳动力供应，需求也在变得更加疲软 [13]

The idea is that a lot of traders here in the US thought that these tariffs on Swiss goods wouldn't be applied to gold because you need to trade uh 400 ounce bars for central banks, 100 ounce bars for uh the comx and kilo bars in Asia. Um apparently there are going to be tariffs on those uh gold bars. >> Exactly.That's what they thought. um they had plans uh and then they got a letter. I have the letter here.So basically maybe just one step back, Switzerland has a big trading surplus with the United States. ...

Grocery Price Trends and Influencing Factors - Grocery prices have increased since the COVID-19 pandemic [1] - There was a pause in grocery prices at the time of the report [2] - Tariff uncertainties are impacting import costs, leading importers to consider splitting the cost with consumers [3] - Increased costs from tariffs on goods from India and potential price increases from Ecuador are concerns [3][6] Impact on Business and Margins - Increased import costs, such as a container of shrimp from India rising from $200,000 to $300,000 due to tariffs, are impacting businesses [5] - Supermarket businesses are operating on thin margins and are currently absorbing some of the increased costs [9] - The ability to sustain current margins is uncertain if tariffs remain unchanged [11] Sourcing and Local Focus - The business sources a significant portion of its products from local farmers, including New Jersey blueberries, Delaware watermelon, and local corn [8] - The company had to find alternative sources from around the world during COVID-19 [11] Customer Behavior and Concerns - Customers are concerned about food costs, but sales remain strong, even for premium items [15] External Factors - Weather conditions are impacting feed costs for cattle ranchers, leading to a slight increase in beef prices [13][14]

There's a moment at the end of the emperor's new clothes when the people begin to see the truth. When they start to recognize their leader is not wearing the finest stitching. He's just well naked.Well, today Donald Trump is feeling the breeze. It's no secret that the very foundation of his political power is his unique ability to construct an alternate reality for his supporters to inhabit. But after weeks of deflecting, diverting, distracting attention from the Jeffrey Epstein controversy, Earth 2's popul ...