Reuters with the headlines that the Financial Times is splashing news on gold tariffs - that the US hits one-kilo gold bars with tariffs
- US hits one-kilo gold bars with tariffs in blow to refining hub Switzerland
- US Customs Border Protection agency said one-kilo and 100 ounce gold bars should be classified under a customs code subject to levies
The Financial Times is gated. In brief:
- The United States has placed tariffs on imports of one-kilogram gold bars, the Financial Times reported Thursday, citing a letter from U.S. Customs and Border Protection.
- Dated July 31, the letter stated that one-kilo and 100-ounce gold bars should be classified under a customs code that makes them subject to levies. According to the report, the change could affect Switzerland, the world’s largest gold refining centre.
