USA
- Analysis
- World markets
Trump says now is a ‘great time to buy’. Is he right?
While a wash of green on market screens may tempt investors to jump in, analysts are warning against irrational exuberance.
- William Bennett
Latest
Musk to review US submarines as Australia warned tariffs could push up cost
Donald Trump has ordered Elon Musk to improve the capacity of US shipbuilding amid growing concern that his tariffs will increase the cost of the AUKUS pact.
- Michael Koziol
- Opinion
- Trump's White House
Trump’s sharemarket bonanza and the billionaire bros club
There were many winners in the market frenzy that followed Donald Trump’s about-face, including the US president himself, but his capitulation revealed who is really in charge.
- Colin Kruger
- Updated
- World markets
ASX tempers gains, but still up $105 billion as it went from fear to frenzy
The Australian sharemarket has slowed its rally, but was still sharply higher at lunchtime after Wall Street had its third-best day since World War II following Donald Trump’s stunning tariffs reversal.
- Miriam Steffens and Nick Newling
The 18 hours that changed Trump’s mind on tariffs
Inside the White House scramble that triggered a shocking turnaround on trade.
- Michael Birnbaum, Natalie Allison and Cat Zakrzewski
- Opinion
- Trade wars
‘Mad king’ Trump was facing a financial crisis, so he capitulated
There were desperate efforts from White House staff to spin Trump’s backdown as the latest example of his deal-making genius. But surprisingly, the man himself told the truth.
- Stephen Bartholomeusz
- Analysis
- Trade wars
Donald Trump’s China tariffs an act of economic war
The consequences of this war are unpredictable, but we know one thing already: trade is conducted for mutual benefit – it’s win-win. Its cancellation is lose-lose.
- Peter Hartcher
Trump ‘pauses’ most tariffs but hits China harder in stunning reversal
Trump’s global tariff had only been in place for hours when the US president announced his stunning backflip, sending US share markets skyrocketing.
- Michael Koziol
- Opinion
- Trade wars
There is no winner in a tariff war and protectionism benefits no one
A weak compromise will only allow Donald Trump and the US to sabotage the international order and rules even more wantonly, dragging the world economy into a quagmire and an abyss.
- Xiao Qian
China whacks US with extra 50 per cent tariff as trade war escalates
Analysts believe a deal between the world’s two biggest economies is now unlikely in the short term because it would require major concessions.
- Lisa Visentin
Original URL: https://www.smh.com.au/topic/united-states-of-america-gd5