US imposes tariffs on one-kilo gold bars: FT Report

WASHINGTON: The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from Customs Border Protection.

The letter – dated July 31 – said one-kilo and 100 ounce gold bars should be classified under a customs code subject to levels, according to the newspaper, which added that the move could impact Switzerland, the world’s largest refining hub. – Reuters

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