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

Published: 04-11-2025, 04:45 pm | Updated: 04-11-2025, 03:52 pm Gold prices have surged over 8% in the past three days, marking the largest three-day rally since March 2020, as investors seek safety amid market turbulence caused by global trade war concerns. While traditional safe havens like the US dollar and Treasury bonds declined this week, gold has continued to strengthen. The SPDR Gold Shares ETF has attracted over $1.3 billion in inflows in the past week and is up nearly 7% for the week.

Published: 04-11-2025, 02:25 pm | Updated: 04-11-2025, 10:04 am US Treasury bonds, traditionally seen as safe-haven assets, are showing concerning behavior as they trade more like risky assets under President Trump’s trade policies. Longer-term Treasury yields have surged while the dollar has declined, and Treasury bonds have often moved in the same direction as stocks and other risky investments—rising and falling together. This challenges their “risk-free” status, with implications for the global financial system that uses Treasuries as benchmarks and collateral. The pattern suggests investor confidence in US bonds is weakening amid America’s growing debt and confrontational policies toward major

Published: 04-11-2025, 01:30 pm | Updated: 04-11-2025, 09:56 am Gold prices reached an unprecedented high exceeding $3,200 an ounce, climbing as much as 1.9% to $3,237.89 on Friday and continuing a weekly increase of about 6%. This surge highlights gold’s status as a financial safe haven during economic uncertainty. The primary driver has been President Trump’s inconsistent tariff policies, which have triggered significant selloffs across US stocks, bonds, and the dollar markets as recession fears spread. Despite announcing a 90-day pause on tariff increases for most trading partners, duties on all Chinese imports remain at least 145%. China responded by