Trump Clarifies No Tariffs on Gold Amid Market Fluctuations
TL;DR Summary
President Trump announced that gold imports will not be subject to US tariffs, easing market chaos caused by a previous federal ruling that suggested otherwise. The clarification came after confusion over whether gold bars would face duties, which had temporarily disrupted global bullion markets and US futures trading. The White House indicated an upcoming executive order to confirm the exemption, stabilizing the market amid ongoing trade tensions.
- Trump Says Gold Imports Will Not Face US Tariffs Bloomberg.com
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- Trump says gold will not be tariffed CNBC
- Gold falls as markets await inflation data, Trump clarifies no tariffs on gold Reuters
- Gold investors remain bullish amid tariff scramble Axios
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