‘Sell America’: investors are increasingly avoiding the US – here’s what it means for Australian markets

Huge shocks caused by the tariff policy may have already caused some industries to rethink their trading relationships with the US. Composite: Guardian

At the same time as Australians are cutting back on plans to visit the US under Donald Trump, a new type of investment strategy designed to avoid America is fast gaining popularity.

The “sell America trade”, an expression that barely existed before Trump spooked markets by unveiling his new tariff regime late on 2 April, is now a common expression among traders and appears regularly in investment notes to explain the day’s price movements.