MarketsEquity MarketsThe BriefPrint articleASX slumps; Tariffs drive market panic; US could feel some trade pain: TrumpFeb 3, 2025 – 12.02pmSaveLog 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, the ASX has tumbled to a four-month low, investors face a world of “uncontrollable chaos” due to tariffs, and President Trump admits Americans could feel ‘some pain’ in trade war.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 TrumpAnna BlighAnthony PrattLatest In Equity marketsFetching latest articlesMost Viewed In MarketsThe Australian Financial Review MagazineThe New Zealand wine that’ll change the way you drink pinot noirMax AllenWhat do hotel awards really mean?‘It heals me’: This MD has one surefire way to switch offBOSS Financial ReviewThe truth about work-from-home FridayHannah TattersallGrant Hackett is now a CEO. But his diet is still heavy on proteinThis CEO thought he was healthy. Then he went for a checkLife & LeisureRare treat for meat lovers as Swedish king of steaks heads Down UnderPaul BestFrom Les Mis to an absurdist play: the shows you must see in MayAn icon of mid-century design is back in businessRich ListRoberts Co NSW to be acquired by UAE builder AradaMichael BlebyWhy cashing out won’t be easy for Australia’s gambling billionairesSpotlight’s new Anaconda will teach shoppers to fish