The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
AU Morning Wrap | ASX 200 Rises to 0.53%; KAR Slides on Lowered Output Forecasts
AU Evening Wrap | ASX Surpasses 8200 as Fed Cuts Rates; BHP Rallies on Morgan Stanley Buy Rating
AU Evening Wrap | ASX Hits Record High Despite Slump in Rio Tinto and BHP
AU Morning Wrap: ASX Up Over 1%; Aristocrat Jumps on Earnings Beat
AU Morning Wrap: ASX 200 to Slip, CBA Reports $2.4 Billion Cash Profit for Q3