April
Trump to sign order granting some auto tariff relief, White House says
Officials confirmed a report that companies paying motor vehicle levies would no longer be charged other taxes, such as on aluminum and steel.
Trump eases car tariffs; Hrdlicka’s new job; Trade deals’ 2 big problems
Read everything that’s happened in the news so far today.
Traders dial back chances of bumper RBA rate cut next month
Last week, markets had priced in a 40 per cent likelihood of a 50 basis point reduction, but the slow unwinding of trade tensions has changed expectations.
Forget 60/40 – a 25/25/25/25 portfolio may be the best bet for Trump
The president’s tariff deals and a reduction in chaos won’t come fast. Big changes to the investment landscape may need a radically altered approach.
Peter Navarro: The trade adviser who hates trade
The Harvard-educated former economics professor was once a Democrat and pro-free trade. That changed in the early 2000s.
Why Trump faces embarrassing loss in trade war
The White House has miscalculated the balance of power in its tariff battle against China.
How this $115b ASX giant plans to win from both sides of the trade war
On the front line of the tit-for-tat tariff fight between the US and China, Australian companies are trying to find a way to play both sides.
Shipping giants face surging demand before tariffs hit global freight
Executives at big maritime transport businesses and ports warn consumers could get hit with higher prices as importers scramble “to get cargo in under the wire”.
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.
Viktor Shvets fears ‘Lehman Bros moment’ amid fresh tariff chaos
Has Donald Trump backed down on tech levies or not? As markets deal with confusion, this Macquarie expert is worried about something breaking in the shadows.
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.
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.
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.
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.
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.
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 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 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.
‘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.