Gold slips back after tariff fright
Author: Lisa O’Carroll, Liz Alderman, Alan Rappeport, George Hay
Gold markets took a breather this week after a nasty bout of tariff panic briefly pushed US futures to a record high. The yellow metal lies at the heart of US president Donald Trump’s trade dispute with Switzerland, says Lisa O’Carroll in The Guardian. The Alpine nation exported more than $36bn of gold bars to the US during the first quarter, accounting for two-thirds of a sizeable trade surplus that Trump is intent on closing. Last week, US Customs authorities said they would apply Trump’s new ...