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The Independent UK

Business

Anna Wise

Gold prices rise and dollar falls amid fresh Trump tariff threat

Ice Donald Trump Gold United States

Global financial markets are grappling with significant uncertainty, triggering a surge in gold prices and a dip in the US dollar, following the US Supreme Court’s decision to strike down Donald Trump’s tariff policy.

The situation was described by one expert as an "unholy mess" after Mr Trump responded by announcing an increase in the global tariff rate to 15 per cent.

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