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US imposes tariffs on one-kilo gold bars, FT reports

Kitco Media
By Reuters
Published:
Updated:
Reuters
US imposes tariffs on one-kilo gold bars, FT reports teaser image

WASHINGTON, Aug 7 (Reuters) - The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from Customs Border Protection.

The letter - dated July 31 - said one-kilo and 100 ounce gold bars should be classified under a customs code subject to levels, according to the newspaper, which added that the move could impact Switzerland, the world's largest refining hub.

Reporting by Jasper Ward

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