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

Published: 04-28-2025, 11:00 am | Updated: 04-28-2025, 09:37 am

President Trump’s first 100 days back in office have been marked by significant uncertainty around tariffs, which appear to be his administration’s top economic priority but also the biggest drag on his popularity.

Despite promises of quick deals, negotiations with foreign nations remain unclear, with Trump and his team offering contradictory statements about progress.

Treasury Secretary Scott Bessent recently described this approach as “strategic uncertainty,” highlighting a pattern that extends beyond trade to other policy areas where progress has been slower than initially promised.

Original Source: Yahoo Finance

Gold price outlook August 2026: chart showing gold's correction and recovery, with Jobs, CPI, and PPI data releases marking the turning point
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Gold Price Outlook August 2026: What Three Data Prints in One Week Mean for Your Metals

Gold is up 10% in August from near $4,000 — its best monthly gain since January. Three data prints in one week flipped the September rate-hike calculus: jobs, CPI, and PPI all came in soft. Hike odds fell from 50% to 31%. Central banks bought a quarterly record 288.9 tonnes in Q2 even as prices fell. Here is what it means for gold holders — and what to watch before the September 15–16 FOMC.

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