Yesterday
Australia should look past Trump’s theatre, says BHP’s man in US
Former NSW premier Dominic Perrottet says governments and companies are too distracted by short-term drama in America and are ignoring a fundamental shift.
This Month
China’s $2trn market rescue is just the start as trade war intensifies
State-linked funds stepped in to rescue Chinese stocks this week as the battle with the US intensified. But it’s an expensive exercise.
RBA awaits China stimulus to protect Australia
The Reserve Bank and Treasury are pinning their hopes on infrastructure assistance from Beijing to shield the nation from a deepening trade war.
EU adopts tariffs on $45b of US goods in metals fight
The European Commission said the countermeasures can be suspended at any time “should the US agree to a fair and balanced negotiated outcome”.
Trump’s tariffs will isolate America from global trade solution
Many countries that share US concerns about China’s industrial subsidies will now see it as a more reliable trade partner.
Trump’s chaos kills American exceptionalism
Investor belief in US superiority drove Wall Street to sky-high valuations, but the president’s trade war is now eroding this conviction.
Markets have seen through Peter Navarro’s ‘tissue of lies’
The evidence against Donald Trump’s tariff adviser, and his “poorly designed and reckless” tariff hikes, is overwhelming.
Whipsawing Wall Street puts ASX back in a tailspin
Investors and traders start the day doing one thing, and finish it doing the opposite. Welcome to markets in the Trump-tariffs era.
The Trump slump and Dutton’s ‘ham-fisted’ backflip
This week, Phillip Coorey, Lidija Ivanovski and Paul Karp on how Trump’s tariff plan has upended the campaign and why betting markets are finally catching up.
Trump’s game of bluff on tariffs and tax
China is threatening to “fight to the end” if America imposes yet more tariffs. The respite on global sharemarkets is likely to be temporary if trade tensions continue to escalate.
The Fed won’t rescue the US economy from Trump’s tariff folly
All told, stagflation is the optimistic scenario. It is more likely that the US will end up in a full-blown recession accompanied by higher inflation.
‘The sky won’t fall’: Beijing appeals for calm over tariff storm
Beijing said it has a range of tools to defend its economy from Trump’s trade war, but also acknowledged growth could take a hit, as China stocks plunged.
Why Trump is plotting a global return to the 1930s
The US president wants to unwind decades of economic integration. The risk of a Depression-era trade war is causing markets to panic.
Trump’s idiocy will put a 2 in front of RBA cash rate by end of year
Retaliatory tariffs are a supply shock that will not only see the global economy lurch into a deep recession but will do so with a near-term inflationary bias.
Only one thing can stop this crash. It isn’t happening yet
The selling will only stop when big institutions start buying. Who’s brave enough to step up?
Fed’s Powell says tariffs likely to boost inflation, slow growth
The chairman said that the nation faces “a highly uncertain outlook with elevated risks”, adding the central bank has time to wait for more data.
Corporate America fears wrath of Trump as it mulls tariffs response
Executives are unsure of how far to go in re-engineering their businesses in response to the trade war, amid doubts over how long they will last.
One stock to buy, and other opportunities amid the market carnage
It would be an understatement to say that the world has become a more volatile and uncertain place, but we are actively watching for bargains.
US starts collecting Trump’s 10pc tariff, smashing trade norms
The initial 10 per cent “baseline” levy paid by American importers took effect at seaports, airports and customs warehouses on Saturday.
Nasdaq 100 sinks into bear market after six-week sell-off
“The drop feels awful, but we’ve only given back a percentage of a spectacular long-term rally and haven’t seen a true capitulation,” one strategist said.