'Gold will not be subject to tariffs,' American President Donald Trump wrote on the social network Truth Social on Monday. Last week, it was unclear whether the new tariffs would also be imposed on gold bars from Switzerland. Trump himself weighed in on the issue of gold tariffs after confusion and panic triggered by the revelation of US customs information dating back to July regarding custom duties on gold. The White House plans to issue an executive order in the near future to clarify misinformation about the taxation of gold bullion, in particular. +Get the most important news from Switzerland in your inbox This announcement of a future clarification decree, transmitted on Friday by news agency AFP, follows information from US customs that caused panic among specialists and on the markets. A customs document dated July 31 that was made public on Friday indicated that one-kilo and 100-ounce gold bars would be subject to customs duties. This was in fact “false information” ...
