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In the seminal history of markets and The Great Depression, Manias, Panics, and Crashes, Charles Kindleberger offered the following chart to illustrate what happens when tariff tit-for-tat episodes ...
SYDNEY (Reuters) -A measure of Australian consumer sentiment partially rebounded in May as the initial shock of U.S. President Donald Trump's tariff war faded a little, an improvement that should ...
Australia on Thursday declined Beijing's proposal to work together to counter U.S. tariffs, saying instead it would continue to diversify its trade and lower its reliance on China, its largest trading ...
Tariffs remain the story of the stock market right now. Early Monday morning, a 90-day tariff pause between the US and China set the tone for the week in markets. The S&P 500 (^GSPC) closed the ...
Next, to get the numbers in the second column on Trump's chart, do this: Take the tariff rate that China is apparently imposing on imports of US goods (67.29 per cent) and multiply it by 0.5 (to ...
Much of the domestic commentary in Australia has focused on the risk of collateral damage from a US-China trade war. Given Australia’s economic ties to both countries, it is a reasonable concern.
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