flower-shilling

Tariffs and Gold

Smithys Bullion - FINE GOLD AND SILVER
Does this not seem like a way to justify upcoming spot price hikes? And how would this not slow the importation of Gold to the US, and essentially make US citizens pay for the privilege? This seems like a dangerous move...
 
its just like India
trying to levy the buyers domestically from importing
 
It could have a negative effect on the metal too. BRICS would love that. It will be interesting how this plays out.
 
once I took usd to the money changer to exchange,
the man recognised me, just after one exchange.
I then change with other changers.
 
Donald Trump will issue an executive order “clarifying” the US’s stance on gold bar tariffs, after a ruling that a widely-traded form of the precious metal is subject to levies sent shockwaves through the bullion market.

“The White House intends to issue an executive order in the near future clarifying misinformation about the tariffing of gold bars and other speciality products,” a White House official said on Friday.
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Click to expand...

www.ft.com

White House to issue order ‘clarifying’ tariff on gold bars

Move follows surge in precious metal’s price after FT revealed US levy on imports
www.ft.com www.ft.com

I was anticipating this. The CBP letter seemed like some administrative flunkies interpreting administration policy. There seems to be a breakdown in communication in the administration.
 
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