A White House official said the Trump administration plans to issue a new policy clarifying that imports of gold bars should not face tariffs after the government surprised traders by ruling that they would, Jennifer Dlouhy of Bloomberg reports. The White House intends to post an executive order shortly to clarify what an official called misinformation about the tariffing of gold and other specialty products, according to Bloomberg.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RGLD:
- Royal Gold price target raised to $237 from $229 at TD Securities
- Royal Gold Faces Financial Strain Amid High Transaction Costs and Uncertain Synergies
- Royal Gold Reports Record Earnings and Strategic Growth
- Royal Gold’s Earnings Call: Record Gains Amid Challenges
- Royal Gold reports Q2 EPS $2.01, consensus $1.68