Yesterday
China’s economy – not tariffs – are the big risk to Australia
Despite the trade war, the iron ore price has barely blinked. But big global investors doubt that’s sustainable, and that means a big hit on our miners.
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”.
This Month
The Trump effect is a wrecking ball, and we’re in the blast zone
As the US president declares victory at every turn, he will leave behind a changed world. The implications for Australia are profound.
Trump’s trade ructions will end up disrupting banking and payments
European Central Bank president Christine Lagarde has lamented an almost exclusively American financial infrastructure. Others feel the same way.
Will global leaders practice free trade preached to Trump?
Given the agreement that tariffs are a tax on consumers, why don’t both major political parties pledge to remove them if they prevail at the election?
Buckle up for next 90-days as tariff talks play out
Sentiment turned on a dime on Thursday as investors piled back into equities. We spoke to one of the country’s top wealth investor shops to find out why.
This $US1b-plus cash bid is a real test of valuations in jumpy markets
Who would have thought Australia would be home to the only $US1 billion-plus cash M&A deal globally since ‘liberation day’?
Why we shouldn’t rule out an economic doomsday
Policymakers should be war gaming the worst scenario because never before has a single signature by a single individual raised the probability of recession so sharply.
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.
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.
ChatGPT told Trump how to set tariffs – and now the world’s paying for it
“Vibe governing” suggests policymakers are letting AI-generated content guide major decisions, leading us into surreal, potentially dangerous territory.
10 per cent tariffs are what Trump-style mercy looks like
Donald Trump thinks we’ve been subsidising our lifestyles at the expense of his constituents. He is not entirely wrong and doesn’t care that he is slightly wrong.
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”.
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.
How Trump destroyed the world America built
The US president has successfully promoted populism, isolation and nationalism, accelerating de-globalisation and protectionism, all under the pretext of safeguarding economic security.
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.
Trump’s tariffs call for regional foreign policy response
The political class must resist the temptation to be swept up in the parochialism of current events.
Trump trade risks go back to the 1890s
The president’s American tariff hero William McKinley shows how this new trade war will go wrong.
The Trump tariff winners and losers
The US president’s heavy-handed move to hit trading partners with levies as high as 49 per cent has sent markets tumbling. But it’s not a disaster for everyone.
How Trump’s tariffs will hit Australia, in four charts
The direct effect will be modest but, for a trading nation such as ours, the indirect consequences of “liberation day” could be significant.