The ASX stocks that have ripped during Trump's trade war
The Australian sharemarket has staged a remarkable recovery since US Donald Trump unveiled his sweeping tariffs last month as global investors are increasingly drawn to the ASX's perceived safe haven status.
The S&P/ASX 200 Index plunged into a correction in the days following Trump's so-called Liberation Day on April 2, marking a 10 per cent drop from its recent peak. But the benchmark gauge has rebound 11.3 per cent from its low on April 7.
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Sky News AU
26 minutes ago
- Sky News AU
Trade Minister Don Farrell confident in negotiations to finalise European Union free trade deal
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Sky News AU
26 minutes ago
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‘Very serious consequences': Donald Trump threatens Elon Musk if he bankrolls Democrats amid heated stoush
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Sky News AU
36 minutes ago
- Sky News AU
‘Inherent tension' between Donald Trump and Elon Musk ‘all the way along'
Sky News host Rowan Dean discusses the 'inherent tension' which has been apparent between Donald Trump and Elon Musk 'all the way along'. United States President Donald Trump has taken another swipe at his once-ally Elon Musk and is reportedly considering selling his Tesla after the billionaire's public spat. 'Let's not forget that Elon Musk is the man behind Tesla, the man behind the EVs ... the whole climate change push and the future of electric cars,' Mr Dean said. 'There was always the tension with Trump; they got together, they worked together for the election, but it had to blow up at some point.'
