Opinion

Expect Trump’s trade war to leave more bite marks next time

The quick apparent resolution will encourage Trump to keep strong-arming other friends and foes into doing whatever by threatening their access to the American market.

Michael StutchburyEditor-at-large

Feb 4, 2025 – 6.03pm

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Donald Trump’s wham-bam deals to pause at least part of his US trade war are far from the end of the threat.

Putting on hold his weekend a vow to slap a 25 per cent tax on imports from America’s two biggest trading partners checked the financial market sell-off and eased fears of a new inflation spike.

Michael Stutchbury is editor-at-large. He is in his fourth decade of writing for and editing national newspapers. After nearly six years as editor of The Australian, he returned to the Financial Review as editor-in-chief (2011-2024).