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The Guardian - AU
The Guardian - AU
Business
Catie McLeod and Jonathan Barrett

Trump’s tariffs are rattling Australian markets. Here’s what not to do to protect your investments

Two people sit in front of ASX board
The market chaos, led by Trump’s fast-paced policy changes, is a good reminder that it’s difficult to pre-empt market movements. Photograph: Bloomberg/Getty Images

Global share markets, including in Australia, have recorded large swings ever since Donald Trump released his “liberation day” tariff plans.

Australia’s benchmark S&P/ASX 200 witnessed its steepest one-day fall on Monday in five years, before registering its biggest one-day rise in two years on Tuesday. It then fell sharply on Wednesday, before rebounding strongly on Thursday, to around last week’s levels.

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