ASX Suffers $31B Loss on Trump Tariffs
The Australian sharemarket experienced a significant downturn, wiping out $30.9 billion in value by lunchtime following the announcement of new tariffs by US President Donald Trump. The S&P/ASX 200 index dropped 1.3 percent, or 99.8 points, to 7834.7, with technology and property stocks particularly affected, losing over 2 percent. The negative sentiment was further fueled […]
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