Futal fulfillment contracts recorded a record on Friday after a Financial Times report, according to which the United States imposed duties on one -kilo gold bars imports, a move that is expected to increase pressure on Switzerland, the largest node of valuable metals.

The FT saw a letter from the Customs Border Protection Service, which stated that one kilo’s gold and 100 ounce rods should be classified into a customs code subject to higher duties.

One kilo rods are the most popular form of the metal negotiating in Comex, the largest gold -based market, and are the majority of Swiss gold bars to the US, the Guardian notes.

US gold time contracts increased against. 1.3% to $ 3,499.30, after a historical high of $ 3,534.10. Meanwhile, the price difference between New York’s time contracts and spot prices expanded by about $ 100.

This marks another shock to Switzerland, which Donald Trump has hit 39% for exports. Swiss companies, whose exports to the US represent about one sixth of their total sales abroad, face one of the highest duties in Trump’s trade war. Only Laos, Myanmar and Syria had higher rates, at 40-41%. The EU and the United Kingdom have negotiated 15% and 10% respectively.

Switzerland exported $ 61.5 billion in the US during the 12 months that ended in June, according to the FT. This will be subject to additional contributions of $ 24 billion based on the tariff rate of 39% of Switzerland, which came into force on Thursday, according to the report.