US stocks shake up | US stocks shake up | Trump's "equal tariffs 2.0" launches full-scale war, gold sector strengthens against the trend

date
12/07/2025
According to the Wise Finance and Economic APP, on Friday, the US stock market's gold sector rose against the market trend, with the gold ETF (GLD.US) up 0.89%, Barrick Mining (BA.US) up 0.19%, Gold Fields Limited (GFI.US) up 0.38%, and Harmony Gold Mining Company Limited (HMY.US) up 0.45%. The intraday increase in spot gold reached 1.00%, now trading at $3357.84 per ounce. In terms of news, this week, Trump has successively issued trade letters, imposing new tariffs on multiple countries, with the intensity and pace exceeding market expectations. On Monday of this week, Trump announced new tariffs on 14 countries. He declared that starting from August 1, he will impose tariffs ranging from 25% to 40% on imported products from Japan, South Korea, and 14 other countries.