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The Latest Breaking News on Australian shares post biggest daily gain in five years

Australian shares post biggest daily gain in five years

Australian shares have rebounded strongly after US President Donald Trump delayed his latest round of tariffs as the US-China trade war escalates.

AAP

Japan's benchmark Nikkei 225 shoots up in early trading, gaining more than 2,000 points

Japan’s benchmark Nikkei 225 has shot up in early trading, gaining more than 2,000 points, as investors welcomed President Donald Trump’s decision to back off on most of his tariffs

The Independent UK

US markets close with steep losses as Trump tariffs branded ‘worst self-inflicted wound’ by a successful economy – as it happened

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policy

The Guardian - UK

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Art Of The Deal? How Trump Backed Down On Tariffs

It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.

International Business Times

Markets might be celebrating but ‘every portfolio manager’ is trying to figure out how long the roller coaster will last

With China tariffs increased to 125% but other tariffs on pause, there is a treasure trove of open questions for investors and CEOs to contend with.

Fortune

Trump paused tariffs for "yippy" market

The president says he reversed course on tariffs because people were getting scared

Salon

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered

President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China

The Independent UK

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Who Stands In The Crosshairs Of Trump's Tariffs?

With sweeping tariffs targeting key US trading partners, President Donald Trump sent the world economy into a tailspin Wednesday before backing down hours later -- with a 90-day reprieve for all but China.

International Business Times

Stocks Soar as President Trump Pauses Reciprocal Tariffs

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +9.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +7.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +12.02%. June E-mini S&P futures (ESM25 ) are up +9.62%, and June E-mini Nasdaq futures...

Barchart

Markets Rally as Trump Pauses Tariffs. Should Presidents Have This Much Power?

In the span of a week, Trump cratered the stock market and brought it much of the way back, with little more than public statements.

Reason

Democrats say tariff turbulence will cost GOP its majority - Roll Call

As Republicans hailed Donald Trump's tariff delay, Democrats say the economic turbulence will cost Republicans their majority in Congress.

Roll Call

Live: Stocks Surge as Trump Increases Tariffs On China Even Further, Pauses Them For Non-retaliating Countries

Donald Trump further raised tariffs on China to 125% and announced a "pause, and a substantially lowered reciprocal tariff" to countries that have not imposed retaliatory measures on the U.S.

International Business Times

Trump’s crash course: inside the 11 April edition

America’s tariff war on the world. Plus: The big, unsellable art of Jeremy Deller

The Guardian - UK

Mike Johnson caught looking at headlines about tanking economy as Trump boasts about his achievements on stage

At a fundraiser for the National Republican Congressional Committee Tuesday night, the president hailed his return to office so far as America’s ‘most successful 100 days in this country's history’

The Independent UK

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The Guardian - US

Trump says ‘I know what I’m doing’ before stepping back from global tariffs

President says at National Republican Congressional Committee dinner that world leaders are ‘kissing my ass’

International Business Times

China Hawk Peter Navarro Has Trump's Ear

President Donald Trump's punishing tariffs on countries around the world, including a 104 percent increase in duties on China, bear the fingerprint of Peter Navarro, a Harvard-trained economist who has long warned against a rising Beijing.

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