Aussie stocks soar on Trump tariff backdown
A relief rally added $116b in value to the Australian sharemarket on Thursday following Donald Trump’s decision to pull back from a global trade war.
World Economy
‘Zero’: PM’s huge call on Trump tariffs
Anthony Albanese says Australia is committed to negotiating with Donald Trump on tariffs, but rebuffed China’s offer to “hold hands” in fighting against the measures.
‘4D chess’: China walks into Trump trap
Donald Trump’s plan to pause tariffs on most countries except for China was the US President’s “strategy all along”, the Secretary of the Treasury said.
Everything about to change for homeowners
Yesterday, economists were tipping a super-sized rate cut when the RBA meets in a few weeks, but a lot can change in 24 hours – thanks to Donald Trump.
Dutton’s grim prediction comes true
The Opposition Leader’s grim prediction comes amid fears the stock market plunge could force Baby Boomers to delay their retirement.
‘DOGE-y sycophants’: Chalmers’ Trump sledge
Treasurer Jim Chalmers and shadow Angus Taylor held a feisty pre-election debate, but the spectre of US President Donald Trump loomed.
China launches humiliation campaign
A wild AI-generated video has gone viral days after President Donald Trump vowed his brutal tariffs will revitalise manufacturing in the US.
‘Nail in coffin’: Massive YouTuber unleashes
One of the most influential figures among the world’s youth, MrBeast has weighed in on the tariffs smashing the economy.
ASX smashed again on tariff chaos
The ASX 200 continued its sell-off during early trading on Wednesday, following the latest tit-for-tat tariff measure.
‘Terminated’: Trump’s brutal China move
Some positive signs are beginning to emerge for every nation on earth after a torrid few weeks. But one country is feeling Donald Trump’s wrath.
How devastating market crash will end
The stock market crash has caused global planic – and one expert has warned that “phase two” will be even more destructive.
‘Take a hit’: Trump trade war to shake growth
US President Donald Trump’s trade war has not immediately affected the Australian federal budget, the latest update shows, but the economy could take a hit.
Tears on Wall St, Aussie dollar in oblivion
Almost everyone in Australia is checking their super balances with nervousness this morning — as a global meltdown accelerated overnight.
Call for Australia to tackle ‘Big Mac Tax’
Nationals leader David Littleproud Australia should use its relationship with the United States to help lobby against Donald Trump’s global tariffs.
‘Disastrous’: Huge brand smashed by tariffs
One of America’s most iconic brands saw its share price plunge after US President Donald Trump announced some of the harshest tariffs.
China slaps whopping tariff on all US goods
Beijing has forcefully hit back at steep new US tariffs but Donald Trump has mocked the move as China “playing it wrong”.
‘Berserk’ price US will pay for our beef
Aussies in the US will be hit with major price hikes on local produce after Trump’s tariff tax.
Albo rules out ‘phenomenal offer’ to Trump
Anthony Albanese has hit back after Donald Trump outlined a key condition in exempting local imports from the US’s global tariff fiasco.
World markets crater, worst fears confirmed
Trillions of dollars have been wiped off stocks and some of the world’s biggest companies have seen staggering losses as fears of a global recession rise.
‘I didn’t fall’: Albo’s claim after stacking it
Prime Minister Anthony Albanese has taken a tumble while getting ready for a picture opportunity in the Hunter – but he doesn’t see it the same way.
Aussie market loses $21bn in Trump chaos
US President Donald Trump’s ‘Liberation Day’ tariffs on the world’s major economies triggered a sharp fall in Australian stocks, wiping out $21bn in value.
Trump tariffs to destroy iconic Aus tradition
The new tariffs being introduced by Donald Trump could lead to more of our meat being shipped offshore, pushing up local prices.
RBA’s stunning Trump warning for Aussies
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
‘Dirty’ countries decimated by Trump tax
Donald Trump has reserved the harshest tariffs for what he calls “dirty” countries – some of the world’s most vulnerable developing economies.
Turnbull mocks Trump in brutal take-down
Malcolm Turnbull has mocked Donald Trump in a pugnacious address to the National Press Club, saying Aussies need to stand up the ‘billionaire bully’.
Albo’s warning to Trump on tariff threat
The Prime Minister says there are several issues of concern the US has raised that could attract tariffs on President Donald Trump’s “Day of Liberation” list.
‘Absurd’ Trump move to smash Australia
The world could be lurching towards brutal global recessions, with a key Trump administration deadline now just a few hours away.
‘Mayhem’: $38bn wiped off Aussie market
A new report into US President Donald Trump’s tariff policy has sparked investors’ fears, with billions wiped from global markets.
Trump D-day to shake up campaign
Voters will be watching Anthony Albanese and Peter Dutton closely this week, with another round of Trump tariffs set to shake up the campaign.
Surprise reason holidays to Bali are cheaper
Holidays to Bali have become cheaper this year — and Aussie travellers have Donald Trump to thank for the boon.
‘Mass uncertainty’ as ASX breaks win streak
The ASX stumbled into the red on Thursday as US President Donald Trump’s freshly announced auto import tariffs stirs ‘mass uncertainty’ among investors.
Albo’s invite to Trump despite tariff threat
The offer comes amid fears Australia could be further caught up in Donald Trump’s increasingly aggressive tariff war, with an announcement due next week.
ASX edges higher as tariff talk softens
President Trump’s hawkish tariff talk has softened and the local bourse soaked up the resulting Wall St boom.
Albo and Trump set for showdown
The Aussie PM and US President have taken radically different approaches in one key area – and both could spectacularly backfire.
Fresh warning as China sparks arms race
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
Pledge as US tech giants target Aussies
US tech giants Meta, Google, Amazon and X are targeting Australia’s online laws, but Treasurer Jim Chalmers says he will stand up for Aussie parents.
Concerning sign amid GFC-style crash fears
Everyday punters are making a financial mistake at record rates, which some see as an eerie reflection of the economic conditions leading to the 2008 crash.
Middle East turmoil spooks ASX
The Australian sharemarket relief rally continued for the third straight day on Tuesday, although the afternoon’s trading session will likely disappoint investors.
US tariffs threaten Australia’s soft landing
Australian businesses have been hit with a grim forecast for the year ahead, as US President Donald Trump implements his tariff plan.
RBA not sold on the next rate cut
The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs complicate the decision.
Four-word warning to Trump on tariffs
Trade Minister Don Farrell has promised Australia will not “back down,” or “sell out” as the government races to protect imports from Donald Trump’s trade war.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
Fears Trump will hit vital Aussie industry
Trump’s global tariff rampage could hit a key industry in Australia with fears it could push up prices for essential medicines.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
Lambie slammed for wild Pine Gap threat
A former top Canberra boffin has blasted a call from senator Jacqui Lambie to use Australia’s Pine Gap intelligence asset to hit back at Donald Trump.
Shorten urges Aus ‘fight back’
The former senior minister has offered his colleagues some free advice after the US hit Australia with sweeping steel and aluminium tariffs.
Aus to leave Trump, US to ‘rot in own filth’
As Donald Trump pushes an aggressive brand of international diplomacy, several of America’s allies are attempting to do one thing to hit back.
‘Our own tariffs:’ Aussies vow ban on US goods
Australians have come out in droves promising to stop purchasing American products, however one economist urged shoppers to “think strategically”.
China humiliates US as markets crash
Chinese stocks are soaring while global markets are in meltdown – and the United States teeters on the brink of a brutal recession.
‘Collapsed’: Trump move seriously backfires
Markets are in crisis today as Donald Trump’s reign sparks terror across America. And we might not be able to escape the fallout.
Aussie shares tumble on Trump bloodbath
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
Trump remark sparks $49bn Aussie wipe-out
US President Donald Trump has refused to rule out a recession in the world’s largest economy and now Aussie shares are plummeting.
ASX ticks higher on banks and insurers
The ASX 200 rose on Monday, snapping a 2.5 per cent weekly fall last week, but market sentiment remains low on Donald Trump’s tariff plans.
Aussie giant’s big move to get rich in Africa
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
US casino giant makes last-ditch Star bid
A major US company has made a shock offer for troubled gaming giant Star Entertainment and it could transform the futures of three Aussie cities.
‘Worse than tariffs’: Jack Daniels melts down
The owners of Jack Daniels are in meltdown mode after a massive call from Canada left them scrambling.
Aussie shares slump on trade war fears
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
‘With a smile’: Canada’s chilling threat to US
A Canadian Premier has made a stunning threat to cut off the US “with a smile on my face” in response to Trump’s fresh tariffs.
‘Can’t ignore’: World economy in meltdown
Stock markets around the world have been spooked by what’s happening in America.
Surprising item boosting Australia’s economy
Chickpea sales to India have given the Australian economy an unlikely boost, according to the latest current account figures.
World economy smashed, huge Trump move
The global stock market has been smashed after Donald Trump announced looming tariffs on America’s three largest trading partners.
New hope in search for MH370 mystery
A US robotics company has launched a fresh search for MH370 and two maritime experts say there’s reason for cautious hope this time for one key reason.
China strikes major blow on world economy
Investors have been rocked by a turbulent addition to the increasingly complex global economy: a blisteringly fast new AI that threatens to dethrone the rest.
‘Left behind’: Warning for Gen Z on WFH
The man leading America’s biggest bank has lashed out at Gen Z employees and work-from-home in a wild tirade. But where do Aussie banks stand?
Bloodbath as US stock market plunges
There’s a bloodbath happening on the US stock market amid concerning news out of China.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
Chilling sign Trump is coming for us
President Donald Trump’s brutal tariffs have sparked global panic – and there’s a terrifying sign that Australia could soon be in big trouble.
Trump’s tariffs could stall rate cut
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
Twist in Australia’s Trump tariff saga
A proclamation signed by Donald Trump has revealed a surprise issue, hours after the PM asked the President for an exemption on steel and aluminium exports.
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
’Dirty deals’: Trump move threatens Australia
Donald Trump is already creating a “new world order” weeks into his presidency – and Australia is at risk of being “caught in the crossfire”.
Trump makes huge call on big Aussie deal
President Donald Trump has revealed where he stands on a major partnership with Australia after the Albanese government delivered a $798m payment.
Trump reveals ‘biggest scandal in history’
Donald Trump has launched a scathing attack on a US agency he accuses of stealing “billions of dollars”, calling it “perhaps the biggest scandal in history”.
China claps back at Trump tariffs
China has responded with two strong gestures following Donald Trump’s bold demands of the superpower.
ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Australia’s panic move as Trump gambles
Australia is seeking talks with America “as soon as is humanly possible” after Donald Trump slapped new tariffs on Canada, Mexico and China.
ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
China nukes US stock market, $1 trillion lost
The release of a single app from China wiped more than $1 trillion from the US stock market on Monday. Here’s what you need to know.
Original URL: https://www.news.com.au/finance/economy/world-economy