Just hours after Donald Trump’s “reciprocal tariffs” took effect, the president backflipped and announced a 90-day pause. Here’s everything you need to know — and how Australia will feel the impact.
US President Donald Trump’s wild backdown on tariffs has lifted Wall Street and sent the Australian sharemarket shooting up.
US President Donald Trump’s wild backdown on tariffs has lifted Wall Street and sent the Australian sharemarket shooting up.
A 29-year-old Aussie been left with his head in his hands after discovering how much his superannuation plummeted overnight.
ASX roars back to life in best day since November 2023. $A rose over 1 per cent after Monday’s meltdown. China slams Trump’s 50pc more tariff threat as Hong Kong hits out at ‘bullying’. Bets rise on 0.5pc RBA May rate cut.
The ASX 200 has bounced back after suffering its biggest one-day fall since the start of the Covid pandemic.
When deciding what to do with your super amid the stock market chaos, you need to ask yourself one question about Donald Trump.
As predicted the US markets sank when they opened on Monday – until they began to soar. It was all down to a single X post – but something was wrong.
Trump tariffs trigger GFC echoes as market trims falls. Treasurer warns on recession risk, flags potential 50bp rates cut. Fears of Black Monday-like crash as traders reel from speedy rout. AUD back above US60c.
The ASX 200 is a sea of red on the opening, and the Aussie dollar has plunged below 60 cents, as investors continue to sell-off on fears of a global recession.
Anthony Albanese says Australia has been in contact with the White House, as he says the global chaos from the Trump tariffs is concerning for Aussie super.
Barstool Sports founder Dave Portnoy blasted President Donald Trump over his sweeping tariffs that have sent the stock market into chaos this…
Original URL: https://www.couriermail.com.au/business/markets/page/2