Under the new global levies imposed by Trump, the U.S. tariff rate on all imports jumped to 22% - a rate last seen around 1910 - from just 2.5% in 2024, said Olu Sonola, head of U.S. economic research ...

Gold crossed the previous record at around 2300 GMT and then continued to climb above USD3,150 an ounce, as traders piled into the safe haven asset amid a steep decline in stock market futures. It hit ...