The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from US Customs and Border Protection dated July 31.
According to the report, one-kilo and 100-ounce gold bars are now to be classified under a customs code that is subject to tariff levels. The move could significantly impact Switzerland — the world’s largest gold refining and export hub.
This is a developing story. It will be updated.
– Ends
Tune In
