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Trump’s fresh tariffs catapult gold prices to record peaks

Feb 11 (Reuters) – Gold prices soared to a record high on Tuesday, as investors flocked to the safe-haven asset after U.S. President Donald Trump imposed new 25% tariffs on steel and aluminium imports, fuelling concerns over a potential trade war and inflation. Spot gold was up 1.1% at $2,939.80 per ounce, as of 0229 GMT, after hitting a record high of $2,942.70 earlier in the session. U.S. gold futures also climbed 1.1% to $2,966.00. Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% “without exceptions or exemptions” in a move to aid the

Trump steps up his 2018 tariffs on steel and aluminum, risking inflation on promise of more jobs

WASHINGTON, February 11, 2025 (AP) — President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%. “We were being pummeled by both friend and foe alike,” Trump said as he signed two proclamations changing his orders during his first term that go into effect on March 4. “It’s time for our great industries to come back to America.” The moves are part of an aggressive push by the president to

Five hundred crore people globally lack access to medical oxygen, poor nations most affected: Lancet

New Delhi, Feb 11 (PTI) Five hundred crore people, which is nearly two-thirds of the world’s population, lack access to medical oxygen, with the highest inequities in low-and middle-income countries, estimated a new Lancet Commission report. Medical oxygen is essential in a healthcare system for treating patients, including those with surgery, asthma, trauma and maternal and child care. It is also critical to a country’s pandemic preparedness by helping prevent a repeat of the COVID-19 oxygen shortages and the mass fatalities that resulted, an international team of researchers said. The report, by the Lancet Global Health Commission on Medical Oxygen

Indians deported from US: Punjab Police lodges 8 FIRs against fraudulent agents

Chandigarh, Feb 10 (PTI) A Special Investigation Team (SIT), formed to probe the issue of illegal human trafficking following the deportation of Indian citizens domiciled in Punjab from the US, has registered eight FIRs against fraudulent immigration consultants, the state police said on Monday. Acting on complaints from the victims, police have registered eight first information reports (FIRs) against travel agents based on the statements of the deportees. A US military aircraft carrying 104 illegal Indian immigrants landed at the Amritsar airport on February 5. This was the first batch of Indians to be deported by the Donald Trump government

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