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Gold hits record, dollar drops as tariff fears dampen sentiment
Gold hits record, dollar drops as tariff fears dampen sentiment
by  AFP

Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve. The precious metal was also helped by a weaker dollar, which has also been hit by worries about Trump's standoff with Fed boss Jerome Powell.

Beijing slams 'appeasement' of US in trade deals that hurt China
Beijing slams 'appeasement' of US in trade deals that hurt China
by  AFP

China on Monday hit out at other countries making trade deals with the United States at Beijing's expense, promising countermeasures against those who "appease" Washington in the blistering tariff war. Trump said Thursday that the United States was in talks with China on tariffs, adding that he was confident the world's largest economies could make a deal to end the bitter trade war.

Trump tariffs stunt US toy imports as sellers play for time
Trump tariffs stunt US toy imports as sellers play for time
by  AFP

Josh Staph fears the fun-packed shelves of his toy warehouse might start looking joyless in the months ahead, with made-in-China flying discs and model gliders grounded -– like much of his product line –- by Donald Trump's tariffs. "Things have ground to a halt," said Staph, chief executive of Duncan Toys Company, which has a warehouse in Indiana.

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