by Richard Mills
GoldSeek
Gold is up 25% year to date, and what a year it’s been so far.
[…] Donald Trump has boldly imposed a new era of US economic policy dominated by tariffs, trade wars, and threats to the sovereignty of nations it has long considered allies (Canada, Denmark, Panama), as the second-term president aims to rewrite the rules of international trade mostly by disregarding them as he pursues an America-first agenda.
Global stock markets hate the uncertainty of Trump’s on-again, off-again tariffs, with many economists seeing the tariffs bringing a fresh wave of inflation to already-struggling consumers worldwide, but especially in the States where import duties have been threatened on at least 80 countries, with a minimum 10% tariff currently in place.