The Trump administration's decision to exempt imported gold from tariffs contrasts earlier Customs indications, while tokenized gold platforms gain traction amid concerns of market disruption and trading impacts.
The Trump administration stated that imported gold will not face tariffs, countering a recent Customs announcement that suggested possible tariffs with a 39% impact on COMEX short positions. Meanwhile, tokenized gold products such as PaxGold and Tether Gold have gained momentum, now totaling around $1.9 billion in market cap, with Tether’s CEO noting benefits in reduced storage complexity and enhanced liquidity during economic uncertainties.