100 Days In: Trump’s ‘Strategic Uncertainty’ on Tariffs Leaves Markets Guessing

Louisiana is considering legislation that would recognize gold and silver as official currency in the state. House Bill 386, introduced by Republican Representative Raymond Crews of Bossier City, defines how precious metals would function as currency and states that the Louisiana State Treasurer would oversee implementation. The bill specifies that gold and silver currency would remain the depositor’s property and couldn’t be used for loans or investments. The legislation is designed to be cost-neutral to Louisiana’s general fund.

India has proposed reciprocal zero tariffs on steel, auto components, and pharmaceuticals for a limited quantity of US imports during recent trade negotiations. This offer aims to accelerate a bilateral trade deal before the end of Trump’s 90-day tariff pause. The US has raised concerns about India’s Quality Control Orders, which it views as non-tariff barriers. India has expressed willingness to reconsider these standards in sectors like medical devices and chemicals.

More Americans are falling behind on their mortgages, with “seriously delinquent” loans (those unpaid for 90+ days) up 14% compared to last year. This has led to the first increase in foreclosure sales in nearly two years. The situation is especially dire for veterans, as a key federal foreclosure-prevention program just ended, putting 60,000 former service members at immediate risk of losing their homes. These challenges come amid an already difficult housing market characterized by high mortgage rates, rising costs, and changing buyer preferences.