Trump tariff threats

‘Chaos Ahead’: India reels from US tariff hike threat, exporters warn of mass job losses

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‘Chaos Ahead’: India reels from US tariff hike threat, exporters warn of mass job losses

Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Many warn of dire job losses after Trump said he would double new import tariffs from 25 percent to 50 percent if India continues to buy Russian oil, in a bid … Read more

Gold rises as dollar slips, Trump tariff threats fuel safe-haven demand

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Gold rises as dollar slips, Trump tariff threats fuel safe-haven demand

Gold prices rose more than 1% on Monday as the dollar weakened and as U.S. Treasury Secretary Scott Bessent reaffirmed President Donald Trump’s tariff threats, boosting safe-haven demand amid renewed trade tensions. FUNDAMENTALS * Spot gold was up 1.4% at $3,247.40 an ounce as of 0025 GMT. U.S. gold futures gained 2% to $3,251.90. * … Read more