US Edition
Trump announces global tariffs will increase again
9 Articles
9 Articles
Gold prices rise and dollar dips after Trump declares 15% global tariff
Rising gold prices typically indicate that investors are seeking out so-called safe haven assets. Gold prices have risen and the US dollar has dipped as uncertainty ripples through global financial markets in the aftermath of the US Supreme Court striking down Donald Trump’s tariff policy. One expert described the situation as an “unholy mess” after Mr Trump hit back at the ruling and said he was raising the global tariff rate to 15%. The price …
The Scoop: America’s tariff shifts leave rest of the world questioning its reliability
Plus: AI has a PR problem; Axe seeks to town down the cloud of cologne. On Friday, the U.S. Supreme Court struck down the rationale for President Donald Trump’s sweeping tariffs. Later that same day, Trump announced that he still had the power to levy tariffs, and that, effective immediately, a 10% tariff would apply to every nation in the world. Wait, make that 15%, he decided the next day. This threw other nations, as well as businesses at hom…
Gold Price Rises to $5,170 After Trump Announces 15% Global Tariff
TLDR Trump raised global tariffs to 15% after the Supreme Court blocked his emergency tariff powers Gold rose for a fourth straight session, hitting $5,170 on U.S. futures Trade deals with the EU, India, and Japan are now in doubt A slowing U.S. economy and sticky inflation are pushing investors toward safe havens Silver climbed 2.3% to $86.56/oz; hedge fund gold positions are at a near one-year low Gold climbed for a fourth straight session on…
FTSE 100 recovers early losses after Trump announces 15% tariffs
The FTSE 100 recovered early losses on Monday as traders digested the latest volley of tariff threats by the US President. While tariff announcements still bring back memories of the fallout from Liberation Day last April, Trump’s propensity to ‘chicken out’ and not follow through on threats has meant the latest outburst was taken largely […] The post FTSE 100 recovers early losses after Trump announces 15% tariffs appeared first on UK Investor …
Tensions returned to world trade after the US Supreme Court ruling on tariffs. Just 24 hours after a first overall tariff of 10% which will enter into force on Tuesday 24 February at 00:01 (Eastern Time), President Donald Trump announced that he would increase these world tariffs to 15%. This time, it is not a statement to the White House, but a message published on Truth Social. Cherry on the cake: these new tariffs would be effective immediate…
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