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🔔The US Supreme Court rejected Trump's right to impose tariffs under the IEEPA.
Therefore, the administration must find another legal basis to continue its tough trade policy.
The measure he proposed was to invoke Section 122 of the Trade Act of 1974: Imposing an additional 10% tariff on all imported goods for 150 days (and potentially extended if approved by Congress).
👉Expanded tariffs → trade and supply chain instability → greater economic risk → investors seek gold as a safe haven.
Policy uncertainty could also reduce confidence in the USD and trigger capital flows into gold.
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