Gold and Silver Pull Back — Smart Money Buys When Others Wait 
President Trump and European Commission President Ursula von der Leyen announced a new trade deal framework setting a 15% tariff on most EU goods imported into the U.S. Trump called it “the biggest of them all,” while von der Leyen acknowledged the tariff rate as significant but the best possible outcome.
Meanwhile, the U.S. and China are expected to extend their tariff truce by three months, with trade talks resuming in Stockholm. This comes as the U.S. also works to finalize deals with other partners like Canada and Japan, where a recent deal includes a $550 billion U.S. investment and similar tariffs.
The Trump administration is preparing tariff letters for over 200 countries, with rates possibly ranging from 15% to 50%, depending on the trading partner.
