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Trade

This Month

In his relentless Make America Great Again drive, Donald Trump has little care for the economic pain inflicted on others and even relishes it when the targets are American allies.

Trump isn’t kowtowing to the market – he’s doubling down

Investors need to be bold during these dark days. You want to be buying when the crowd is throwing the baby out with the bathwater.

Trying to predict what US President Donald Trump will do next is impossible.

Trump’s big problem didn’t go away this week, it got more urgent

For Australian investors who live and work outside the US political cycle, it is easy to forget that the president is working under considerable time pressure.

Global shipping lines are preparing to skip ports and adjust voyage schedules amid expectations demand for consumer goods will drop following the new US tariffs.

Trump trade war shakes up shipping and ripples to Australia

International shipping lines are cancelling scheduled port calls or entire voyages and some are preparing to idle vessels with crew aboard as cargo volumes drop.

Donald Trump has taken a wrecking ball to markets.

Pharmaceuticals to be hit by ‘major’ Trump tariff, CSL slumps 5pc

Investors are in panic as Australian drug companies could be the next victims in an expansion of the US trade war.

Donald Trump memorabilia on the floor of the New York Stock Exchange. The performance of the market over the last 50 days has made for the worst start of a presidency for more than a decade.

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.

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Senior trade adviser Peter Navarro at the tariff announcement ceremony in the White House Rose Garden.

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.

Elon Musk, Donald Trump and Peter Navarro.

Musk calls Navarro ‘Peter Retarrdo’ as Trump tariff spat gets messy

The White House downplayed the disagreement, saying “boys will be boys” and that the administration “will let their public sparring continue”.

US Defence Secretary Pete Hegseth, centre, Panamanian Security Minister Frank Abrego, left, and Southcom Commander Navy Admiral Alvin Holsey inaugurate new facilities at the Port of Rodman in West Panama.

US to ‘take back’ Panama Canal from Chinese influence

US Defence Secretary Pete Hegseth vowed to deepen security co-operation with the Central American nation and said China would not be allowed to “weaponise” the canal.

The misinformation has left traders flummoxed.

The 7 crazy minutes that wiped $6.6trn from the market

The rumours only lasted minutes. By then, investors realised it was not true that Donald Trump was pausing tariffs for 90 days, but the damage was done.

China has hit back at Trump’s tariffs quickly.

‘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.

Donald Trump

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.

The highest echelons of America’s economic bureaucracy thought it was a good idea to slap tariffs on penguins and used a stunningly puerile “formula” to justify that and other tariff measures.

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.

Donald Trump’s tariff war has smashed Wall Street.

Why Trump’s tariffs won’t last long

The cumulative pressure from households, businesses, markets and Republicans on Trump will mount even faster now that the tariffs are in full flow.

Albanese rang his Labour soulmate in Britain, Keir Starmer, to discuss the Trump tariffs, when surely he should have first called counterparts  in South East Asia.

Trump’s tariffs deliver a harsh truth for Australia

Too little thought has been given to the future of the Australian economy against the backdrop of a protectionist America.

The White House was last week forced to hose down Politico and ABC reports that Donald Trump had told members of his cabinet that Elon Musk would soon depart and return to the private sector.

Musk splits with Trump on tariffs, wants US-EU free trade zone

The billionaire and presidential adviser told Italy’s League party that he’d like America and Europe to move “to a zero-tariff situation”.

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The Lane winery in Adelaide Hills has come back to market after failing to sell in a campaign last year. 

Vestey family puts ‘tariff-resistant’ winery on sale with $20m hopes

One of the UK’s wealthiest clans will exit a long-standing Australian investment portfolio – once it disposes of The Lane.

Donald Trump’s tariff announcement last week has shaken global markets.

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.

Donald Trump holds up a chart of “reciprocal tariffs” while speaking during a Make America Wealthy Again trade announcement event in Washington.

Economists say the way Trump calculated tariffs makes no sense

The calculation finds the ratio between the US trade deficit with a country and that nation’s total exports to the US. It then divides the ratio in half.

China has vowed to retaliate in the latest trade escalation.

Beijing vows retaliation as Trump targets China again

The latest impost, stacked on top of an earlier 20 per cent tariff, threatens to further ratchet up tensions between the world’s two largest economies.

The announcement played first and foremost into Trump’s vanity and hunger for attention.

The day the international economic system died in the Rose Garden

It’s hard to say how bad the impact of Trump’s tariffs will be. But there is no doubt a global trade war would have major impacts on geoeconomic and geostrategic settings.

Original URL: https://www.afr.com/topic/trade-63b