On Sunday, Trump warned that rates ‘all countries’ would include and not only those with the greatest trade balance with the US that the president expects the United States to be able to collect more than $ 600 billion a year from tariff income, which would be the largest tax increase since the Second World War.
According to analysts at GSC Commodity Intelligence – “There is no denying that Trump’s rate day will ultimately mark the biggest escalation of the worldwide trade wars so far. A scenario that could stimulate a significant shift in price increases for consumers and to reveal a revival of inflation in Q2 2025.
In the run -up to ‘Liberation Day’, the closely viewing worldwide trade policy uncertainty index is now the highest that it has ever been. The index was for the first time 10, about the previous High that reached it during the COVID-19 Pandemie, as well as the level reached during the worldwide financial crisis of 2008.
Although Trump calls the ‘Liberation Day’, much of the world’s leading economists are convinced that a much more suitable and suitable label is “demolition day”.
Gold’s not to quit rise in Trump’s economic era
One of the greatest beneficiaries of President Trump’s American first economic agenda has undoubtedly been gold.
Since President Trump took office in January the gold prizes on a not-to-stop run-the scales of new record highs of all time not once, not twice, but on 21 separate occasions, so far in 2025.