Sunday, 10 August 2025

Trump Goes Nuts as Switzerland’s Gold Move Puts $48 Billion US Deficit at Risk

Aug 9, 2025 | A 1.2% US transaction tax on Swiss-refined gold originating outside the G7. At first glance, it looked like just another footnote in the sprawling ledger of global trade regulations, a mere $82 million on $6.8 billion in imports.