MarketsEquity MarketsThe BriefPrint articleASX dives 1.6pc; Tariffs ‘entirely unjustified’; The threat worse than tariffsMar 12, 2025 – 12.10pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginWant to get this in your inbox at lunchtime every weekday? Financial Review subscribers can sign up for The Brief newsletter here. Plus start your day with our Before the Bell newsletter and read a full wrap of the day’s news in Market Wrap.In today’s news, Australia’s sharemarket extends its sell-off, Penny Wong hits out at Donald Trump’s tariffs, and one thing in the US president’s trade war is even more damaging than his levies.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreThe BriefSubscriber exclusiveDonald TrumpElon MuskSharesAnthony AlbanesePenny WongAustralianSuperNew ZealandWarren BuffettTeslaLatest In Equity marketsFetching latest articlesMost Viewed In MarketsThe Australian Financial Review Magazine‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetLauren SamsThis Brisbane restaurant deserves a Michelin starHow Ozempic and other GLP-1s are transforming much more than just waistlinesBOSS Financial ReviewThis CEO thought he was healthy. Then he went for a checkSally Patten and Lap PhanHow the Macquarie CEO played a role in setting me up to lead MagellanWhich AI course should I do?Life & LeisureDon’t leave home without this screenJohn DavidsonThis cocktail ‘omakase’ is the next best thing to visiting TokyoCan ordinary people use stylists too?Rich ListPortelli hits fast lane on mooted LMCT+ sale, MacCap takes the wheelSarah Thompson, Kanika Sood and Emma RapaportInside the fortune Kerry Stokes (quietly) made in ChinaLaurence Escalante gets real deep on Instagram bender