Dossier
Industry officials
Coverage of Industry officials in the Nexus archive.
- Gold smugglers ‘make a killing’ in India as grey market outshines hefty tariffs
India's increased gold import tariffs to 15% have led to a surge in smuggling, with estimates exceeding 100 tonnes annually as grey market margins allow smugglers to undercut banks and refiners. Industry officials and bullion dealers report this resurgence, highlighting India's position as the world's second-largest gold market.
- Trade war taxes are turning up the heat on Canadian AC customers ahead of summer
Trade war taxes are impacting Canadian air conditioning customers, with furnaces, central air conditioners, and standard storage water heaters being most affected due to their metal construction. Industry officials highlight these products as hardest hit.