Markets across Asia fell sharply after Donald Trump slapped steep new tariffs on dozens of trading partners, fuelling investor anxiety ahead of key US jobs data.
Despite almost every commentator suggesting tariffs are an ‘act of economic self harm’, markets have effectively rewarded Trump’s behaviour. Are you tired of winning yet?
AARON PATRICK: While Jewish organisations condemn moves towards opening formal diplomatic relations with the Palestinian Authority, some leaders are quietly happy with Anthony Albanese.
US President Donald Trump says the US will impose a 25 per cent tariff on Indian goods, and a penalty for their link to Russia, saying this is ‘a time when everyone wants Russia to STOP KILLING IN UKRAINE’.
Moscow’s bloody assault on a Ukrainian prison and a medical facility came just hours after the US President imposed a new deadline for Russia to end the bloody three-year war.
JACKSON HEWETT: Working together, economies around the world could have stood up to Trump’s tariffs. Instead the UK raced for the lifeboats, and the rest have folded like dominoes ever since.
US President Donald Trump says America’s baseline tariff on trading partners, including Australia, could soon rise to as much as 20 per cent, raising fresh concerns for exporters and global trade relations.
Despite being America’s most powerful economic equivalent, the European Union has become the latest trade war target to capitulate to the President’s demands.
Convicted sex trafficker Ghislaine Maxwell has spent two days meeting with Justice Department officials answering questions about nearly 100 people linked to the late Jeffrey Epstein.