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European Union Ready to React to New Duties on Steel and Aluminum Imposed by U.S.
Just days after deciding to postpone the implementation of new tariffs for its North American neighbors, U.S. President Donald Trump announced the introduction of 25 percent tariffs on steel and aluminum imports. The measure drew an immediate reaction from the...
Gold Hits New Historic High Amid Geopolitical Tensions and Concerns Over Duties
Gold recorded a new all-time high by surpassing $2,882.36 an ounce before pared gains slightly. The precious metal's rally was driven by a mix of factors, including lingering global trade tensions, growing demand for safe-haven assets, and signs of a near-term market...
Lunar New Year Slows Logistics: Ocean Tariff Trends and Outlook
The Lunar New Year, which begins today, has already left its mark on manufacturing and logistics activities, slowing down operations in recent weeks. This phenomenon has had a direct impact on ocean freight costs from China: after a surge in prices due to the...
Precious and Industrial Metals: Markets’ Reactions to Donald Trump’s Inauguration
The day of Donald Trump's inauguration as president of the United States saw significant movements in the commodities markets, with copper and gold showing rises in response to news regarding the new administration's trade policies. Gold, which has always been...