Last year's rise in import duty only had a temporary impact on demand, and some analysts said the latest move would have little effect.

BBC: India raises gold import tax to tackle trade deficit

In the meantime, Silva is seeking extension of a temporary agreement that gives most exports from Colombia and Ecuador duty-free access to the U.S. market.

FORBES: Colombia Trade Agreement Gaining Momentum In Washington

Congress has created temporary exceptions to the 10% early withdrawal penalty too: for hurricane victims and for reservists called to active duty.

FORBES: IRA Penalty Relief For Great Recession Hardship Withdrawals Proposed