💨 Abstract

In a statement, former U.S. President Donald Trump announced that gold imports would not be subject to additional tariffs. This clarification followed uncertainty about recent tariff hikes and their potential impact on gold bars. Trump's remarks came after a U.S. customs letter suggested duties on specific gold bars, causing a spike in gold prices. The White House is planning an executive order to clarify this misinformation, aiming to stabilize the gold market.

Courtesy: Garrin Lambley