Gold Market in Chaos: White House Promises Quick Fix After Tariff Confusion Halts Bullion Flights

25.08.11

The White House plans to issue an executive order to clarify confusion about gold bar tariffs after the U.S. Customs and Border Protection indicated that popular 1-kilogram and 100-ounce gold bars would be subject to country-specific import tariffs. This ruling stunned the gold industry, with Switzerland facing a potential 39%…

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