Silver prices fell more than 1% to fall below $33.50 an ounce on Thursday (4/3), hitting a one-week low as traders grappled with market uncertainty following US President Donald Trump's sweeping tariff measures.
Trump imposed a base tariff of 10% on all imports, with higher levies targeting major trading partners such as China (34%), the EU (20%), and Japan (24%). In addition, a 25% tariff on foreign-made cars took effect immediately. In defending the move, Trump framed the tariffs as a strategy to support domestic manufacturing and reduce the trade deficit.
Source: Newsmaker.id
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