Meanwhile,
Customs duties gold: ridge says new: Furthermore,
Customs duties gold: ridge says:
The ridge underlines. Furthermore. In addition, in a position obtained by the AWP agency, having taken note of customs duties of 39% at the entrance to the American territory and also from the “clarification” coming from the customs service and the protection of the border of the United States “concerning the classification code” of the 1 kg and 100 ounce bruises, which is not included in the reciprocal tariff list “. Meanwhile, No part of this “appendix II” which brings together products exempt from surcharge.
This applies to Switzerland but also to ingots from any country, adds the professional association. In addition, This “fears” that this specific provision affects the international flow of physical gold “.
Christoph Wild. president of the ASFCMP cited in the document. explains that “we are particularly concerned with the implications customs duties gold: ridge says new of customs duties on the gold industry and the physical exchange customs duties gold: ridge says of gold with the United States, a historic partner of Switzerland.
The organization says it recognizes “the impact to short-term gold on the trade balance at the beginning of 2025. which was an exceptional situation created by the reaction of the US markets to uncertainty around future customs. the global geopolitical situation”. The fact that the situation “was completely reversed in April illustrates this point perfectly.”
The ridge specifies that the taxation of gold taxes “makes its export to the United States economically non-viable. thus eliminating any future trade deficit” to the exports of this precious metal.
The ASFCMP says it is engaged in a “constructive dialogue. oriented towards solutions” with the American authorities. international partners “in order to ensure a fair, practical and predictable commercial environment” for all parties.
She also discusses with customs duties gold: ridge says new the Swiss authorities. the London Bullion Market Association (LBMA). the World Gold Council (WGC) customs duties gold: ridge says and key American entities, while recalling that the sector “does not depend” only on the only “important” state market.
Customs duties gold: ridge says new
Customs duties gold: ridge says
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