Trump tariffs have JPMorgan flying gold from London to New York—but big banks also find an arbitrage opportunity

Trump tariffs have JPMorgan flying gold from London to New York—but big banks also find an arbitrage opportunity

U.S. President Donald Trump (right) has threatened tariffs on Europe, but French President Emmanuel Macron has said he’s willing to respond.

Li Yang—China News Service/VCG via Getty Images)