The ASX200 fell more than 6 per cent upon opening, wiping up to $160 billion in the first 15 minutes of trade as the fallout from Trump’s tariffs deepens. | *Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9*

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47 COMMENTS

  1. Today there will be announcements from many countries that they negotiated new deals and the climate will change. Markets always over react. Don't sell. Don't panic. It's just a storm, it will pass.

  3. All that trumps done is leverage the US's economic power, a ton of countries have already caved and reduced all their tariffs with the US, he's pretty much said come to the table or we are gonna take down your economy. Mafia tactics.

  10. It’s been a bubble that has been building the last 3-4 years and if your smart you would have seen the S&P,Nasdaq and Dow over bought and the bubble is finally bursting so it’s good for people who were smart enough and loaded up on gold and silver the past 3-4 years as gold and silver surge on times like this 🎉

  17. It always fascinates me that 160 billion dollars were lost in the market within 10 minutes and no one is crying for it.
    If some of us lose 100 dollars in a day, they will definitely cry for it.
    Who owns this 160 billion lost.

  29. PROPERTY DEVELOPER ANSWER: GOD BLESS!! PRESIDENT TRUMP🙏what is “currency manipulation” ??? 8.5/10 idi on the street can’t ANSWER IT: Imagine I print a dollar vs you print the Chinese YUAN!! Both currencies are BACKED BY NOTHING!! (Fiat currency) YOU deliberate UNDER-value your YUAN!! in the “HOPE” ppl buy your products!! FOR Example: Land cost$ 1 Million Build cost$ 1 million … total cost 2 Million … By currency manipulation…you can bring your build cost down to 500,000 … making your final product cost $1.5 million Chinese built house in America VS 2 million AMERICAN ARCHITECT BUILT HOUSE IN AMERICA 🇺🇸…Chinese government sells more??? Making them the TOP 50 TRILLION ECONOMY BY 2050 🎉 ?????????

  30. Hello World do not allow Trump to bully your country. Boycott all American products and services and work with other country who has like-minded with your country. You do not need to trade with USA,for they are not the only country in this world to make business. There is Europe, Asia, Africa, Canada & Australia.

  35. Fair enough you want to make the US collapse, but you don't need to drag the entire world along with you on something completely avoidable and who suffers the most? Regular normal everyday people like you and me, we are the ones who will reap the consequences of this and see none of the benefit.

  37. So the AUS thinks America should do nothing about the barriers placed on good to AUS. The US should just continue to pay tariffs and endure non tariff barriers? We’re mad as hell and we’re not going to take it anymore. We support the orange.

  38. Australian alegarhs got smaked by Tariffs 😂😂😂Go Trump !!!
    Normal taxpayers will get screwed by government of parasites politicians' millioners anyway.
    I look at my bills, including taxes and get more philosophical.
    WHF
    Australian beef cheaper in Japan than in Australia.😂😂😂
    Australian gas cheaper
    overseas than in Australia. 😂😂😂
    Electricity one of the most expensive in the world 😂😂😂
    We are normal people, so f….d

  40. The quality of journalism in Australia is terrible. Firstly this guy needs a shave and needs to present to a higher standard than a high school student. The stock markets are not the economy, they will bounce back. Globalisation is on the way out get over it.

  41. a freefall of the market that has been free rising is unreal market phenomenon. the market and economy i feel are all good and no body in the country has got fear or worried, it's perfectly normal life we have. the share market is far from my life. and people has made a lot of money out of sky rocketing market so far. it doesn't affect anything, but people try to spend more money. what it affects negatively has no symptoms yet.

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