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The AFR View

The AFR View

Trump’s pause no relief from great power showdown on trade

Australia confronts a worrying dilemma as the economic conflict between our major alliance partner and our major trade partner ramps up. There are no easy answers for managing the unprecedented geopolitical risk.

Nobody should be breathing a sigh of relief over Donald Trump’s decision to pause reciprocal tariffs on all countries bar China for 90-days.

Despite Trump’s pullback the Australian share market fell again on Friday. The index has fallen 4 per cent since the start of the month.

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    Original URL: https://www.afr.com/policy/foreign-affairs/trump-s-pause-no-relief-from-great-power-showdown-on-trade-20250411-p5lqz0