Financial markets were caught off guard when the U.S. government announced new tariffs on imported gold bullion. The move is part of a broader trade policy shift aimed at protecting domestic mining and refining industries. Gold traders say the decision could drive up prices globally, as the U.S. is a major player in the precious metals market. Critics argue that the tariffs will disrupt international trade and harm jewelry manufacturers who rely on imported gold. Supporters believe the policy could encourage more domestic production and reduce foreign dependency.