US Politics

Donald Trump’s sudden tariff pause offered bond markets brief relief, but experts warn Australia remains vulnerable as China tariffs spike and global trade tensions escalate.

Australia is being urged to lift defence spending amid concerns promised submarines could be delayed or become even more expensive.

THE NEW YORK TIMES: It is a fool’s errand to try to rationalise President Donald Trump’s obsession with tariffs. This is not to say that people haven’t tried.

MARK RILEY: Donald Trump's announcement of a pause on tariffs has effectively killed off Anthony Albanese’s strongest defence to the economic tirade.

The Prime Minister has defended his approach to US President Donald Trump, warning against ‘dialling things up to 11’ in a veiled swipe at his own opponent.

The US President’s triple tariff backflip with a twist has sent markets skyrocketing as the horror that investors had envisaged has lifted — for now. But don’t read too much into it.

From Tuesday evening to Wednesday afternoon, Trump and his trade advisers spoke to several Republican lawmakers and top foreign leaders who raised concerns about the faltering global markets.

The United States is increasingly concerned as Iran is closer than ever to a workable nuclear weapon, and a strike on the Mideast nation hasn't been ruled out.

US President Donald Trump has waged war on showers, signing a new executive order affecting showers, toilets, sinks and dishwashers.

US stocks leapt before closing after President Donald Trump announced a 90-day pause on tariffs for most countries.

US President Donald Trump has spectacularly backflipped on his newly announced higher tariffs, granting a 90-day pause for most countries while escalating a trade war with China.

Investors will closely watch the RBA governor's first speech since the 'liberation day' tariff dump, which caused markets to drastically re-price rate cut bets.

‘It’s totally silly,’ Dani Rodrik, an economist who studies globalisation at Harvard University, said of Donald Trump’s focus on bilateral deficits. ‘There’s no other way to say it, it makes no sense.’

The world’s richest man objected to being referred to as a car ‘assembler’ rather than a car maker.

US President Donald Trump has signalled a tariff on imported pharmaceuticals, a policy that is expected to directly hit Australia’s second-largest export to the US.