Sydney, April 2, 2025 (AFP) - Australian blue-chip stock index dips nearly 2% after Trump tariff announcement

NAMPA / AFP

2025-04-03

Australian blue-chip stocks dipped nearly two percent Thursday in the face of sweeping US tariffs, as one of the first global markets reacted to President Donald Trump's bombshell announcement. A benchmark index of the country's largest 200 listed companies dropped 1.96 percent 20 minutes after opening, as traders came to grips with 10 percent US tariffs on Australian exports. The energy and financial services sectors were among the hardest hit......

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