Alcoa reports $20 million tariff hit on imports from Canada
The largest US aluminum producer said President Donald Trump’s 25% tariff on metal imports has cost the company $20m since the duties went into effect.
The gold price climbed to a five-week high on Monday as the war in Europe, elevated inflation and the risk of a US recession further bolstered demand for the safe haven asset. Spot gold advanced 0.7% to $1,988.15 per ounce...
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