The Australian sharemarket closed lower on Thursday as investors reacted to Donald Trump’s proposed tariffs on China.
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Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
The Australian sharemarket closed lower on Thursday as investors reacted to Donald Trump’s proposed tariffs on China.
Traders even cashed out of gold, a historical safe haven, in push to protect against what could turn into wave of margin calls
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The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the...