Barclays Reports £1.9bn Loss Amid Trump Tax Changes

Gold Silver Reports – Barclays reports £1.9bn loss amid Trump tax changes — Hefty charges related to Donald Trump’s corporate tax changes, the cost of exiting Africa, the collapse of Carillion and legal battles pushed Barclays nearly £2bn into the red last year. Chief executive Jes Staley, who hailed a year of “considerable strategic progress,” collected a pay package of £3.9m, down from £4.2m, with his annual bonus cut to £1.07m from £1.3m and benefits also down, while his salary stayed at £2.4m.

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Trump Must Weigh Retaliation as Ross Proposes Steel Tariffs

Gold Silver Reports – Trump Must Weigh Retaliation as Ross Proposes Steel Tariffs — The U.S. sounds confident thatproposed tariffs on steel and aluminum won’t break global trade rules, despite warnings from other countries that such a move could trigger a flurry of retaliation. It’s up to the president to decide if that’s a risk he’s willing to take.

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Investors Need Trump to Leave the Dollar Alone

Gold Silver Reports – Investors Need Trump to Leave the Dollar Alone — Donald Trump Jr. said recently that the only color his father sees is green. But dollar traders have seen mostly red since President Trump took office.

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Solid-Gold Toilet to the Trumps

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Gold Silver Reports – Donald and Melania Trump wanted to borrow a Van Gogh painting from a New York museum for their White House private quarters. Instead, The Washington Post reports , the Guggenheim Museum’s chief curator came up with a pointedly satirical counter-offer: a working solid-gold toilet made by an Italian artist.

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Ross Declares Trade War Under Way in Rhetorical Split With Trump

Gold Silver Reports – Ross Declares Trade War Under Way in Rhetorical Split With Trump – Trade wars “are fought every single day,” and the U.S. has been engaged in one “for quite a little while,” Commerce Secretary Wilbur Ross said in comments that diverge from President Donald Trump.

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