Australia Shares Shaping to Extend Tariff-Driven Drop
2233 GMT – Australia's S&P/ASX 200 looks set for another substantial decline after the Trump administration's tariff announcement pushed U.S. equities to their worst day in more than five years. ASX futures are down by 1.2% ahead of Friday's session, pointing to a further drop for the benchmark index on top of Thursday's 0.9% slide. The ASX 200 is down by 1.5% so far this week, with shares of U.S.-exposed companies leading the decline. Ahead of the open, automotive-accessory provider Amotiv said it was considering options including re-sourcing supply or raising prices. (stuart.condie@wsj.com)
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