Live Updates on Trump Tariffs: Swiss Gold Refinery Proposal and Mexico's 50% Tariff on China

Reported about 9 hours ago

Switzerland is considering building a gold refinery in the US or enhancing its processing capabilities to mitigate the impact of recently imposed 39% tariffs on Swiss imports by President Trump. In parallel, Mexico announced a significant increase in tariffs on automobiles from China and other Asian nations to 50%, a move interpreted as appeasing the US. Meanwhile, the Supreme Court is set to expedite its review of Trump's tariffs, which could have major economic implications, potentially pushing nearly a million Americans into poverty.

Source: YAHOO

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