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Business

Andrew Brown

Trump tariff trouble to cast shadow on domestic market

Donald Trump the Reserve Bank Shane Oliver United States Michele Bullock RBA

US tariffs are likely to reduce Australia's GDP by just 0.2 per cent, economist Shane Oliver says. (Mick Tsikas/AAP PHOTOS)

After a week of global financial turmoil following Donald Trump's shifting tariff policy, the only economic certainty is further uncertainty.

Stock markets plummeted and rebounded before falling again after the US president's decision to impose tariffs, which he then walked back for a 90-day pause.

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