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trade deficit

News updates related to the trade deficit.

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India tightens silver imports: Requires licenses for granular and powdered silver.

The Indian government has placed granular and powdered silver on a restricted import list, requiring businesses to obtain licenses in order to reduce the trade deficit and stabilize the exchange rate.

The US imposes a 39% tariff on imports from Switzerland due to a $48 billion trade deficit; will gold prices benefit?

US President Donald Trump imposed a 39% tariff on imports from Switzerland, the highest rate ever imposed on a developed country. The reason may lie in refined gold.
The US threat of tariffs could cost Germany 200 billion euros.

The US president announced he would impose a 50% tariff on imports from the EU, citing stalled trade negotiations.

What does the Trump administration want from the rest of the world?

According to the Washington Post, while much remains unclear about the White House's objectives, a clearer picture of the trade negotiations is gradually emerging.

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