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AAP
AAP
Business
Adrian Black

Shares edge higher as Trump mulls auto tariff relief

United States Donald Trump Collins Foods KFC Recession Taco Bell
Australian shares have made further gains after news the US may offer more tariff exemptions. (Bianca De Marchi/AAP PHOTOS)

Australian shares have posted a second straight day of gains for the first time since US 'Liberation Day' tariffs sparked weeks of market volatility.

The S&P/ASX200 rose 13.1 points, or 0.17 per cent, to 7761.7, as the broader All Ordinaries gained 10.2 points, or 0.13 per cent, to 7969.9.

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