Gold hits new high on Donald Trump’s tariff threats

0
46


Gold hit one other report, with traders flocking to secure havens after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada. Bullion topped $2,800 for the primary time on Friday. The surge got here after Trump stated he would observe by on imposing 25% levies on imports from Canada and Mexico on Feb. 1. He additionally threatened China with measures, with out specifying a stage.