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Express News | Trump Issues Executive Order to Initiate Tariff Probe on All U.S. Critical Mineral Imports
AU Evening Wrap | ASX 200 Rises Despite Trump Claiming Tariff Exemption Is Only Temporary
AU Evening Wrap | ASX 200 Surges 4.5% in Best Day in 5 Years
Express News | ASX 200 plunges over 6% amid escalating US-China trade tensions.
The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
Express News | Gold futures prices briefly surpassed $3,000/oz; ASX gold stocks surge, Newmont up 5%, Metals X up 21%.