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Trump tariffs spark five-year AUD low

  • U.S. Stocks fell sharply on Thursday, with the S&P 500 dropping 4.8%, marking its worst day since the COVID pandemic, following President Trump's tariffs announcement.
  • The Australian dollar fell to its lowest point since April 2020, as tariffs between the U.S. And China ramped up, impacting market uncertainty, according to an analysis.
  • Severe storms in the central U.S. Resulted in at least seven deaths and nearly 400 tornado warnings, according to Boston meteorologist Tevin Wooten.
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Monex Canada broke the news in on Friday, April 4, 2025.
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