Over $100 billion was wiped off the Australian market when the ASX opened yesterday, following the announcement of U.S. President Trump’s far-reaching tariffs last week. The global stock markets are still in shock, while Australian stocks have risen in early trade today after a rollercoaster session. Subscribe to 10 News First to get the latest updates and breaking news: https://bit.ly/37DDbL1
#tariffs #trump #australia #stockmarket #money #worldpolitics #tradewar #trading

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24 COMMENTS

  1. The Trump tariffs, the threat to seize Greenland, annex Canada as the fifty first state as well as evict Gazans and turn Gaza into a a 'Riviera' are all indications of desperation of an empire in rapid decline. The USA is up to its ears in debt that is greater than its annual GDP; is no longer competitive in international trade, except for arms and ammunition and doomed to be the poor white thrash of Western nations. Trump is trying to guide the USA to this destiny.

  2. America has a thirty plus trillion dollar unservicable debt that is more than one hundred and twenty percent of GDP making it officially bankrupt, noone has said anything of this impending disaster over the last years
    If Trump does nothing the damage will make this bare look like a walj in the park

  3. This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, Michael Hugh Terpin skillset makes it nearly impossible for him to underperform. I've been utilizing him as a portfolio coach for more than two years, and I've made over $800,000.

  4. I was lucky, as I had already pulled all my money out of a Poore preforming Australian super, and the share market when Trump was elected. So I have lost nothing!

  5. Mindless. Australia still has 10% tariffs, our major trading partner has even bigger tariffs and based on pausing tariffs with countries we dont do business with the Australia Stock Market rebounds.

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