[ad_1]
On Sunday, Trump warned that tariffs would include “all countries” and not just those with the largest trade imbalances with the U.S. The president expects the United States could raise over $600 Billion a year from tariff revenues, which would amount to the largest tax increase since World War II.
According to analysts at GSC Commodity Intelligence – “there is no denying, that Trump’s Tariff Day will ultimately mark the biggest escalation of global trade wars to date. A scenario that could spur a significant shift in price hikes for consumers and unleash a resurgence of inflation in Q2 2025”.
In the lead-up to “Liberation Day,” the closely watched Economics Global Trade Policy Uncertainty Index is now at the highest it’s ever been. The Index topped 10 for the first time, exceeding the previous high it reached during the COVID-19 Pandemic, as well as the level reached during the 2008 Global Financial Crisis.
While Trump calls it “Liberation Day”, many of the world’s leading economists are convinced a far more appropriate and fitting label is “Demolition Day”.
Gold’s Unstoppable Rise in Trump’s Economic Era
One of the biggest beneficiaries of President Trump’s America First economic agenda has undoubtedly been Gold.
Since President Trump took office in January – Gold prices have been on an unstoppable run – scaling new all-time record highs – not once, not twice, but on 21 separate occasions, so far in 2025.
[ad_2]
