MarketsEquity MarketsThe BriefPrint articleASX wipes $32b; Tariffs to hit pharma; $1.3trn trade unwindsApr 9, 2025 – 12.09pmSaveLog 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 plunges again, CSL slumps as pharmaceuticals await a “major” tariff from Donald Trump, and a $1.3 trillion bond trade unwinds.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 exclusiveSharesChinaDonald TrumpTrump's AmericaTrump diplomacyTrump's White HouseAnthony AlbaneseCSL LimitedPeter DuttonGreensJohn WylieWestpac Banking CorporationElon MuskWall StreetPharmaceuticalsBondsLatest In Equity marketsFetching latest articlesMost Viewed In MarketsThe Australian Financial Review MagazineWhat OpenAI’s Sam Altman suggests you do to keep your jobPaul SmithThis Australian watch reseller is making its move on London and NYCMonica Lewinsky might be the most influential feminist in 30 yearsBOSS Financial ReviewThe 3 traits that stand out among this year’s BOSS Young ExecutivesSally PattenHow this elite child gymnast leapt to the top of SportsbetWhat 18-hour days on a farm taught this NAB exec about bankingLife & LeisureThe secret to Oroton’s $123m turnaround successJessica BeresfordMaison Balzac glassware and bendy candlesticks to light up your homeStep inside this modernist penthouse with 360-degree viewsRich ListThree decades of PMs, fashion icons and the odd person headed for jailBrook TurnerFortescue near settlement with US tycoon after energy deal bust-upAustralia’s 50 Richest Bosses revealed