Stock markets stagger as US tariffs decisions come and go

02/04/25 • 9 min

President Donald Trump’s tariffs on Mexico, Canada, and China have rattled global markets, triggering sharp losses on Wall Street. Temporary reprieves for Mexico and Canada eased concerns, but China is set to be sanctioned. Meanwhile, Mr Trump’s foreign policy moves - cutting USAID, considering Greenland’s takeover, and withdrawing from the World Health Organisation—are raising global tensions.

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Israel's Prime Minister Benjamin Netanyahu set to meet US President Donald Trump in Washington

Israel's Prime Minister Benjamin Netanyahu is meeting with US president Donald Trump in Washington. It comes at a pivotal moment in the negotiations for the second phase of the Gaza ceasefire. The pause of the fighting in Gaza has led to the reopening of the Rafah crossing, allowing for injured children to be medically evacuated to Egypt.

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All-day row in Canberra over coalition's "long lunch" policy

Labor says the coalition's so-called long lunch tax break for businesses will cost taxpayers more than a billion dollars a year. The Opposition has criticised the costings of the policy, accusing the Treasurer of politicising the public service.