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The first casualty of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining, after it emerged that certain gold bars could face the levy.Gold bars produced in the ...
US gold futures hit a record high on Friday amid uncertainty over whether country-specific US import tariffs would apply to the most commonly traded sizes of gold bars.
Gold climbed to a fresh record high after a U.S. government agency clarified that import tariffs would apply to one-kilo gold bars, sparking turmoil in the global bullion market.
Many were baffled when Donald Trump slapped a steep 39% tariff on imports from Switzerland. The Swiss aren't known for flooding the US with cheap goods, but their outsized role in gold refining is ...
Some of the most widely used types of gold bars would be subject to U.S. tariffs, customs agency officials ruled, a particular blow to Switzerland’s large gold refining industry.
The first casualty of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining, after it emerged that certain gold bars could face the levy.
The first casualty of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining, after it emerged that certain gold bars could face the levy.