Ruxandra Iordache reveals how Trump's new tariffs, ranging from 10% to 41%, are intensifying global trade tensions ahead of their August 7 implementation. Nations like Switzerland regret the unilateral decision, while Japan, Cambodia, and Taiwan have mixed feelings. Canada faces a 35% duty, and India a 25% tariff, while Mexico negotiates a 90-day extension on talks. Discover the full implications of this move here: https://www.cnbc.com/2025/08/01/trumps-tariffs-rekindle-global-trade-tensions.html #TradeTensions #Tariffs #DonaldTrump #GlobalTrade #Economy #InternationalRelations #SwissTrade #AsianTrade

#Gold prices retreat in #AsianTrade as focus shifts to #US #inflation data later in the week. Gold falls 0.1% to $2,349/oz. #Copper prices edge higher amid mixed signals from #China, with #CPI rising but #PPI declining for the 19th consecutive month.