US President Donald Trump has hit America’s trading partners with tariffs of up to 49 per cent, sending global markets tumbling. The sweeping levies – many worse than expected – are set to slow growth and create a myriad of flow-on effects for the Australian and international economy.
From home owners to beef producers, here are the tariff winners and losers.
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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
Nicola Blackburn is a markets reporter for The Australian Financial Review in the Sydney newsroom.
