Mining and energy companies among biggest casualties as Donald Trump’s latest round of tariffs come into effectElection 2025 live updates: Australia federal election campaignGet our afternoon election email, free app or daily news podcastAustralian shares closed sharply lower on Wednesday, as the world’s two largest economies entered into an escalating trade war, evaporating any hopes that a last-minute compromise might take place.Donald Trump’s super-sized tariffs against dozens of countries, including 104% duties on Chinese goods, came into effect part way through the Australian trading session, souring the mood for investors.Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading...
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