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11 Jun 2025
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Jun 11, 2025
US Treasury Secretary Bessent: The US will set a global duty level for de minimis imports
United States (US) Treasury Secretary Scott Bessent hit the newswires on Wednesday, giving his thoughts on the US debt ceiling, and also teased around the idea of the Trump administration introducing a "de minimis" tariff level, which would see US companies find some breathing room on tariffs up to
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Jun 11, 2025
Gold price rises on soft US CPI, traders price in Fed rate cuts
Gold prices posted modest gains of over 0.22% on Wednesday as the latest inflation report in the United States (US) revealed that prices are cooling. Hence, investors increased their bets that the Federal Reserve (Fed) would resume its easing cycle in September. The XAU/USD trades at $3,327.
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