Trump exempts gold from global tariffs
7x24h News
Trump exempts gold from global tariffs
According to Jinshi News, on Friday U.S. President Trump took action to exempt graphite, tungsten, uranium, gold bars, and other metals from his national tariffs, while imposing taxes on silicone products. According to an executive order issued Friday, the changes will take effect on Monday. Trump's directive could also accelerate the implementation of customized trade agreements between the United States and other countries, making it easier for Washington to eliminate tariffs on aircraft parts, generic drugs, and certain specific products that cannot be grown, mined, or naturally produced domestically—such as specialty spices, coffee, and some rare metals. The presidential order stated that these changes were made based on recommendations from U.S. officials. According to the measure, "these modifications are necessary and appropriate to address the national emergency declared by Trump when he first imposed nationwide tariffs in April."
TechFlow, Sept. 6 — According to Jinshi News, U.S. President Trump on Friday took action to exempt graphite, tungsten, uranium, gold bars, and other metals from his national tariffs, while imposing taxes on silicone products. The changes, outlined in an executive order released Friday, will take effect on Monday. Trump's directive could also accelerate the implementation of customized trade agreements between the United States and other countries, making it easier for Washington to eliminate tariffs on aircraft parts, generic drugs, and certain specific products that cannot be grown, mined, or naturally produced domestically—such as specialty spices, coffee, and some rare metals. The presidential order stated that the changes were made based on recommendations from U.S. officials. According to the measure, "these modifications are necessary and appropriate to address the national emergency declared by Trump when he first imposed nationwide tariffs in April."




