Gold was on the rise during the first full week of the new year, with futures ending above US$2,715 per ounce.
Trump’s team hasn’t confirmed this plan, but it would allow him to build a tariff program via the International Economic Emergency Powers Act (IEEPA), which gives the president the ability to manage imports during a national emergency.
Trump’s latest remarks came as his son Donald Trump Jr. visited the island, which is an autonomous territory of Denmark. While Greenland and Denmark have repeatedly emphasized that Greenland is not up for grabs, Trump’s comments have already benefited at least one mining company working in the country.
Canada was in the news this week as Prime Minister Justin Trudeau announced his resignation.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
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