Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Japan core inflation hits two-year high, yen gains ground

Tokyo Core CPI was higher than expected at 3.6% and hit a two-year high. This support the case for the BoJ to raise rates. In the US, a Federal Appeals Court reinstated US tariffs after a trade court had ruled they were illegal.

30-05-2025 12:30 GMT by Kenneth Fisher

Australian dollar dips on soft retail sales, US court reinstates tariffs

The Australian dollar is considerably lower after Australia's retail sales unexpectedly declined. A US appeals court has reinstated Trump's tariffs after a trade court ruled earlier this week that the tariffs were illegal.

30-05-2025 10:55 GMT by Kenneth Fisher