The delivery of 4 billion dollars of JPMorgan of $ 4 billion in gold bars adds to fears that Trump prices will reshape world trade | JP Morgan

The American banking giant JPMorgan plans to deliver $ 4 billion in gold ingots weighing more than 937 tonnes in New York this month, before a planned climbing of the Donald Trump commercial reéquilibrage moves scheduled for Saturday.

The American bank, the largest merchant in ingots in the world, said that it would deliver the big raw material, weighed 30 m from Troy gold, or 1,875 m of books, against contracts that will expire in February.

Delivery occurs while the price of gold has increased $ 2,813 per ounce, and delivery notices are the second largest ever ever made in 1994, according to Bloomberg.

The point of sale has also indicated that fears of the war rate have made it profitable to steal money in the United States-a goods which is generally transported by the ship because it is considered too good and bulky to justify costs .

The sending of gold is only one of a series of signals according to which Trump’s pricing threats are remodeling world trade, which fear that many fear to exacerbate inflation in the United States and test the patience of Allies.

Trump is expected to move forward with plans on Saturday to impose 25% prices in Mexico and Canada and a 10% tax on China. The three countries represent almost half of the total volume of American imports. The American president alluded to a reprieve for Mexico and Canada if they move against undocumented immigrants and illegal drugs that find themselves on their borders in the United States.

Before a press conference expected in Mar-A-Lago in Palm Beach, Florida on Saturday, Trump said that he planned to impose new prices on imports from computer, pharmaceutical, steel, aluminum, copper, oil and oil gas from the middle of February.

“This will happen soon enough soon,” he told journalists in the oval office, saying he also wanted to hike the European Union, which “treated us so horribly”. Trump did not specify the European behavior or actions to which he referred, but pricing threats are part of a pressure package on Europe to increase domestic defense expenses.

Trump on Friday rejected the concerns that an increase in American import prices could increase the internal inflation of the United States and disrupt global supply chains. Trump said, “There could be temporary short -term disturbances and people will understand this.”

“The prices will make us very rich and very strong,” he added.

The American industries, including the petroleum and automotive sectors, have put pressure on the new administration for tariff exemptions, while Canada and Mexico have prepared a list of reprisals to strike American products.

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Trump has repeatedly said that the “price” is among his favorite words and considers import rights as a means of finishing the extension of his tax reductions in the first term which should expire in 2026.

The Budget Office of the Non -Supportance Congress has put the cost of extending the 2017 tax reductions to 4.6 TN over 10 years, and a rate of 25% on more than 900 billion dollars in annual imports from the Canada and Mexico would increase around $ 225 billion a year or $ 2.3 TN more than a decade if they have no business impact, according to Bloomberg.

Friday, Karoline Leavitt, press secretary of the White House, rejected a report that Trump could delay the prices of Mexico, Canada and China, as well as a tariff war threatened with Colombia on acceptance by the country Deportation flights for American immigrants increased and decreased in the space of several hours last weekend.

“I saw this report and that’s false,” Leavitt told journalists. “I was just with the president at the Oval office.”