** Gold exemption from Trump’s prices: an disconcerting economic strategy **
Global economic news, marked by the controversial decisions of the Trump administration, reveals a striking paradox: while customs prices strike many sectors, gold, traditionally considered as an active refuge, remains inexplicably exempt from these measures. This strategic choice raises deep questions about the underlying economic motivations, not only for the United States, but also for the international economic landscape.
### Gold as an economic stabilization pillar
Gold has always been perceived as a bulwark against inflation and economic uncertainty. During periods of turbulence, investments in precious metal have often turned out to be a rescue buoy for investors seeking to protect their capital from market fluctuations. It is in this sense that the statements of Nagi Farag, advisor for gold relating to gold, resonate with vigor. By evoking the Wish of the Trump administration to increase strategic gold reserves, it highlights a desire on the part of the United States to ensure a certain financial stability in a global climate in crisis.
Nevertheless, the exemption from the gold of customs duties also raises questioning: is it a benevolence act towards a crucial industry, or a more cynical maneuver aimed at attracting investment flows, while avoiding disturbing an already nervous market?
### A multiple facets decision
The choice not to tax gold could be seen as a double -edged strategy. On the one hand, it stimulates demand for this precious asset in a context where consumers and investors are looking for volatility protections. On the other hand, it could be perceived as an admission of helplessness in the face of the economic impacts of global prices: President Trump anticipates the repercussions of his decisions on essential goods, in particular energy and minerals, crucial elements for the economic stability of the United States.
The analyzes of economic experts reveal another dimension to this exemption. Hoda al-Mallah stresses that although Trump’s decision may seem meaningless, it could also point out ignorance of global economic dynamics. The link between the introduction of new prices and the rise in prices, whether for oil or gold, could turn against him in the next elections, while consumers directly feel the impact of price increases on their purchasing power.
### A global or local strategy?
To enrich this analysis, it is crucial to draw a comparison with other economic devices on the international scene. Let us take, for example, the policy of the European Central Bank which, during the sovereign debt crisis, opted for measures of quantitative EASING in order to stabilize the economy by injecting liquidity directly into the system. Far from the isolated cases, the decision to protect certain commodities such as gold could be interpreted as an attempt by the Trump administration to adopt a similar approach both national and globalized.
Gold, whose market is becoming more and more dominated by countries like China and Russia-which also increase their reserves significantly-could represent, for Trump, an opportunity to strengthen the economic position of the United States at the world level. By exempting the gold from prices, the administration hopes to maintain a share of the market while encouraging other nations to invest in the dollar, thus increasing demand for the currency.
### Towards a market reconfiguration
Another dimension that deserves to be addressed is the differentiated impact that prices have on emerging countries that have already suffered from the fluctuation in the price of raw materials. In an interconnected market economy, the position of competence on gold could become a strategic asset for certain countries which, faced with the uncertainty of American tariff policies, would seek to secure their own supply and strengthen their position on the global market.
This turning point in the gold market could influence the relationship between nations, where control over supply and precious metal reserves could become an issue of economic and diplomatic power. Forecasts indicate that demand for gold could continue to grow, both among private investors and in central banks’ reserves, reflecting universal security research in an uncertain financial world (as evidenced by the 52% increase in gold purchases by central banks in recent years according to the reports of the World Gold Organization).
### Conclusion
The economic choices of the Trump administration, in particular with regard to gold, reveal not only strategies aimed at securing the American economy, but also much larger implications for the global economy. More than just a financial asset, gold becomes a symbol of increasing economic tensions and struggles for control in a system now more interconnected and chaotic.
It is therefore essential to monitor how the evolution of these dynamics will not only influence gold markets, but also international relations, and how countries will meet the challenges posed by these new economic policies. In such a context, gold may well become the symbol of a new era of global economy, oscillating between rivalry and cooperation.