Tuesday: Tariff fears drag on US markets
Update: 2025-03-03
Description
US markets fall on fears about Donald Trump’s tariffs, which are due to kick today unless he changes his mind. Australia’s business indicators in Q4 beat expectations, as did a survey of China manufacturing in February. New Zealand exports jump in Q4.
In our bonus deep dive interview, ANZ Economist Bansi Madhavani crunches the numbers on how much inflation might flow through to US consumers from Trump’s tariffs.
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