ASX 200: Australian stock market bounces back despite tariff threats after worst session in five years
Source: The Guardian | Published: April 8, 2025, 5:45 a.m.
Fund managers say they are looking for signs of truce in looming trade war between US and China as market climbs 1.5%
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Investors have piled back into Australian shares, even as a showdown looms between the US and China in a tariff battle that threatens to paralyse global trade.
The benchmark S&P/ASX 200 was up 1.5% in early afternoon trading on Tuesday, erasing some of the steep losses suffered a day earlier when the share market recorded its worst session in five years.
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