The next administration will likely pursue policies streamlining permitting and imposing tariffs. (Image: MINING.COM)
Global markets are reacting to Donald Trump’s return to the US presidency, with investors bracing for potential trade wars, shifts in green energy policies, and increased market volatility. Alex Tuckett, Head of Economics at CRU Group, discussed these impacts with MINING.COM’s Devan Murugan.
Tuckett noted that while the US economy might see a short-term boost from more accommodating fiscal policies, the benefits could be offset by increased tariffs, trade retaliation, and rising inflation and interest rates. The surge in gold prices past $2,700 per ounce reflects investor uncertainty.
