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Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles and autos/auto parts already subject to Section 232 tariffs; (3) copper, pharmaceuticals, semiconductors, and lumber articles; (4) all articles that may become subject to future Section 232 tariffs; (5) bullion; and (6) energy and other certain minerals that are not available in the United States
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What about adult toys?![]()
Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security
PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY: Today, President Donald J. Trump declared that foreign trade andwww.whitehouse.gov
pmbug said:Yesterday's tariff announcement excluded bullion. As a result, the EFP premium has been crashing (down to $0.10 for silver as of a few minutes ago). As the EFP premium goes to zero (or negative), the flow of metal from London to NY will likely slow down or possibly reverse. I haven't checked the EFP premium for gold yet, but this bears watching because if the metal flow stops or reverses, the real #silversqueeze likely gets delayed for a while.