It doesn't actually say what the new tariff rate will be, so the decision on whether to procure different sized bars / cast before shipping, and whether to recast in the US or just store / sell different sized bars in the US will ultimately just be a decision on whether all of that is cheaper than the new tariff. My guess is that at any significant volume, it'll be cheaper to recast.
So in other words, it matches the other damaging and/or stupid import taxes the federal government is imposing on Americans right now? :P
Perhaps the ulterior motive is to damage consumer gold markets in order to promote somebody's cryptocurrency?
edit: more whacking https://arstechnica.com/science/2025/08/new-executive-order-...
ralferoo•1h ago