Switzerland offers to invest in the US gold-refining industry as part of its efforts to persuade the Trump administration to lower import tariffs https://t.co/LsHzu9RmxA ...

The head of the largest US aluminum producer warns import tariffs will destroy demand for American metal, contrary to the Trump administration’s claim duties will revitalize the domestic industry https://t.co/xsK1t7NBgm ...

Trade & Tariff Impact - US import tariffs have been in place for almost a month, shifting the focus from uncertainty to the actual cost [1] - The pain of paying the tariffs is now being felt [1]

墨西哥政府称，将把针对来自中国和其他亚洲国家的汽车关税从20%提高至50%，并表示这一广泛的进口关税改革将保护就业。分析人士认为此举旨在安抚美国。墨西哥经济部长埃布拉德表示，“我们将做的是把关税提高到允许的最高水平，”这些措施在世界贸易组织规定的限制范围内，目的是保护墨西哥的就业。该计划仍需墨西哥国会批准。 ...

Proposed legislation would increase tariffs on goods from countries that don't have a trade agreement with Mexico, such as China ...

Trade & Tariffs Impact - US tariffs on Indian goods appear to be impacting Russian crude oil flows to India [1] - Russian crude oil flows to India have decreased by almost 20% since June [1]

Copper wire and cable maker Southwire is praising the Trump administration for adding import tariffs on aluminum and copper derivative products, saying it'll help American manufacturers https://t.co/idWsAghfKR ...

South Africa is trying to open up new markets in Asia and elsewhere for its farm produce that has been hit with punitive US import tariffs https://t.co/A0wbkx92af ...

Core Viewpoint - US gold futures reached a record high amid uncertainty regarding potential country-specific import tariffs on commonly traded gold bars, which could significantly impact global supply chains for gold [1][5]. Group 1: Market Reaction - December US gold futures increased by 1.2% to $3,494.10 per ounce after hitting a record of $3,534.10 earlier in the session [2][7]. - The spread between US gold futures and spot prices widened to $100, with spot gold dipping 0.1% to $3,394.26 per ounce but up 0.9% for the week [3]. Group 2: Implications of Tariffs - Analysts are awaiting further clarity on the potential US tariffs on gold deliveries, which could significantly affect Switzerland, the leading hub for gold refining and transit [4]. - The Swiss Precious Metals Association expressed concerns about the tariffs' implications for the gold industry and is in active discussions with stakeholders [6]. - Long-term effects of the new tariffs may benefit US refiners by transforming large 400-oz bars into retail units [6].

President Trump is about to slam Switzerland with 39% import tariffs, one of the steepest levies globally. That threatens to leave key exports from chocolate to watches reeling. That's higher than the 31 tariff rate Trump had threatened in April and Dash's hopes that Switzerland would secure a more favorable deal. Switzerland isn't part of the EU and won't benefit from the trade deal Trump struck with the block, which locked in a tariff rate of 15%.For Swiss Chakis, including Lint and watch makers like Swat ...