Punishing 25% levies on imports from America’s closest neighbors were due to come into force at 12:01 a.m. ET Tuesday, but Trump put his two-front trade war on hold, claiming he’d scored two big wins and major concessions.

Few of the world’s financial markets were left unscathed by the fallout from Donald Trump’s tariff war this week, with Australia’s being among the hardest hit. Host Chris Bourke and Bloomberg cross-asset reporter Richard Henderson take a look at what this new bout of volatility means for stocks,

Tariffs are no longer a threat but a reality. Some business owners are stocking up on supplies to protect their bottom lines.

Gold prices continued their record run on Wednesday, as investors sought the safe-haven asset amid escalating concerns about a U.S.-China trade war and the potential impact on economic growth. Spot gold was up 0.

Gold prices experienced a surge of 1% on Wednesday, maintaining their upward trajectory and reaching new record highs. This rally was primarily fueled by a heightened demand for safe-haven assets amidst the escalating trade tensions between the US and China.

Gold rose to a record high, after advancing by almost 1 per cent in the previous session, as the opening salvos of the US-China trade war stoked haven demand. Price of gold on Wednesday (February 5),