Ronan Manly på BullionStar
https://www.bullionstar.com/blogs/ronan-manly/gold-at-all-time-highs-amid-physical-gold-shortages/” Since 25 November when then US president elect Donald Trump first to impose import tariffs on Mexico, Canada and China ( see ““), gold markets in New York and London have been signalling fears that these tariffs would include gold and silver imports from Mexico and Canada.”
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” These fears have now been fully confirmed, since on Saturday 1 February, Trump has gone ahead and imposing “a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China”, with the tariff impositions set to come into effect on Tuesday 4 February. Given that the only concession in these Executive Orders is a , and with no explicit exemptions for precious metals, it is presumed that a 25% import tariff applies to all gold and silver bullion imports coming from Mexico and Canada. That includes precious metals doré and precipitates, and refined bullion in the form of bullion bars and coins.”
