In three executive orders, the United States imposed 25% tariffs on Mexican and most Canadian imports and a further 10% on goods from China, starting on Tuesday.
Following the outbreak of the war in October 2023, the Houthi rebels, supported by Iran, joined the attacks on Israel.
Upcoming FOMC meeting scheduled for Dec. 18 is expected to bring lower interest rates in the U.S., which should help boost the price of gold
In his campaign, Trump promised he would make it costly for countries to move away from the US dollar, and has threatened to use tariffs to ensure they complied.
Al-Amur emphasized that the Palestinian economy, being small and severely affected by conflict, relies heavily on essential Turkish products.
Turkey has reportedly cut exports to Israel to nearly zero since earlier this year.
The regime has appeared to shift gears, at least in rhetoric, since the US election on November 5.
Strategist says gold’s weakened performance could be traders participating in ‘crypto frenzy’ since Trump’s election
The talks with Central Asian states come after a recent BRICS meeting that Iran attended.