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Showing posts from April, 2025

Navigating the Impact of U.S. Tariffs on Malaysia and Gold Prices as of April 4, 2025

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  In early April 2025, the United States, under President Donald Trump, imposed a 24% reciprocal tariff on Malaysian imports , effective April 9. This move targeted countries with which the U.S. has significant trade deficits, and Malaysia, known for its exports of electronics, palm oil, and machinery, was notably affected. Immediate Market Reactions The announcement had swift repercussions across global financial markets. Major stock indices experienced declines due to escalating trade tensions and concerns over potential economic slowdowns. Investors, seeking safe-haven assets amid the uncertainty, turned their attention to gold. Gold Prices Surge to Record Highs In response to the tariff news, gold prices surged, reaching unprecedented levels. Spot gold surpassed $3,100 per ounce , driven by investor concerns over inflation linked to the recent tariff announcements. This surge is attributed to investors seeking stability amid the escalating trade war and its potential impa...

Trump’s 24% Tariff on Malaysia Roils Markets and Fuels Gold Price Surge

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Trump’s Reciprocal Tariff Policy – What Happened? In early April 2025, the United States shocked global markets by imposing a 24% “reciprocal” tariff on Malaysian imports as part of President Donald Trump’s sweeping trade measures ( US imposes 24% reciprocal tariff on Malaysia | The Star ). Effective April 9, this hefty levy was aimed at countries with which the U.S. runs large trade deficits ( Malaysia hit with 24% US reciprocal tariff effective April 9 ). Malaysia – which enjoys a trade surplus with the U.S., mainly via exports of electronics, palm oil and machinery – found itself 11th on Trump’s tariff list ( Malaysia hit with 24% US reciprocal tariff effective April 9 ) ( US imposes 24% reciprocal tariff on Malaysia | The Star ). Notably, the policy isn’t blanket: not all Malaysian goods are hit , as critical products like medical gloves and semiconductors were exempted from the 24% duty ( Malaysia hit with 24% US reciprocal tariff effective April 9 ). These tariffs come on top...

Gold Prices Surge: April 2, 2025 Update : This increase is primarily driven by escalating geopolitical tensions and anticipated U.S. tariff implementations

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As of April 2, 2025, gold prices have surged to unprecedented levels both internationally and within Malaysia. This increase is primarily driven by escalating geopolitical tensions and anticipated U.S. tariff implementations, prompting investors to seek refuge in safe-haven assets like gold. International Gold Prices Reach New Heights On the global stage, spot gold experienced a 0.2% increase, reaching $3,116.72 per ounce. This follows a record high of $3,148.88 achieved the previous day. Concurrently, U.S. gold futures closed at $3,150.30, marking a historic 19.3% increase in the first quarter of 2025. These unprecedented figures underscore gold's enduring appeal during periods of economic uncertainty. Factors Fueling the Surge Several key factors have contributed to this remarkable rise in gold prices: Geopolitical Tensions and Trade Wars: The anticipation of U.S. President Donald Trump's "Liberation Day" announcement, which is expected to introduce significa...