Trade Impact - US coffee buyers are avoiding new deals with Brazil following President Trump's imposition of a 50% tariff [1]

Trade Trends - The trend of tariff-hopping was accelerated during President Donald Trump's first trade war [1] - The gap between tariffs in China and the rest of the world is shrinking [1] - A reversal of the tariff-hopping trend is possible [1]

Trade Policy Impact - A 15% tariff imposed by Donald Trump on Japanese vehicles poses a significant challenge for companies such as Toyota [1] Production and Sales - Approximately 50% of Toyota's vehicle sales in America originate from vehicles manufactured within the country [1]

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 ...

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 ...

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 ...

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]

Market Impact - The president's statement clarifies confusion regarding potential tariffs on gold, which arose from Customs and Border Protection documents [2][4] - The market expected gold bars to be exempt from tariffs due to their traditional classification as currency [2][3] - Following the announcement, gold prices decreased by approximately 25%, remaining around 3400 USD [5] Policy & Regulation - The president announced that gold will not be tariffed, addressing concerns in the Swiss gold market and among precious metal traders [2] - An executive order is expected to further clarify the policy, potentially instructing Customs and Border Protection to reverse the indication of possible gold tariffs [3][4] - The White House acknowledged misinformation in the media regarding the potential tariffs, without specifying the inaccuracies [4]

Trade & Tariff - The industry suggests recycling as a potential workaround to President Trump's 50% tariff on imported aluminum [1]

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 ...