tariff
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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
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]
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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X @Watcher.Guru
Watcher.Guru· 2025-08-07 21:00
Trade Policy - US imposes tariff on one-kilo gold bars [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-07 20:30
From @WSJopinion: The White House claims its tariff revenue is coming from foreign countries, but Americans will soon pay levies on small packages from abroad because of an executive order signed last week, write @PhilWMagness and @amingardi https://t.co/QOCNf8F9yy ...