XAUUSD reaches a new all-time high as Trump’s tariffs fuel economic concerns, driving investors to safe-haven assets. Expectations of Fed rate cuts, lower US bond yields, and a declining USD add to the bullish momentum.
XAUUSD Many experts commented that the Trump government's tariff policy has increased global trade tensions. Previously, the US imposed tariffs on some goods from Canada, Europe and China, aluminum and steel. These countries have responded to the tariffs on the US.