The U.S. trade deficit decreased by 24% in August, falling to $59.6 billion, primarily due to a significant reduction in imports of gold and technological goods. This decline is attributed to the Trump administration's new tariffs, which led businesses to cut back on foreign purchases. Additionally, the U.S. and Switzerland have agreed to lower the tariff on Swiss gold from 39% to 15%, a move intended to attract Swiss industrial activity to the U.S. This development could potentially reshape global supply chains and impact the crypto market as investors navigate macroeconomic uncertainties.