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Liberation day sparks $50bn ASX sell-off

  • The ASX has fallen sharply, closing at its lowest level in eight months, with over $96 billion wiped from the top 500 stocks in two sessions.
  • A mass grave of 15 humanitarian workers killed in Gaza was discovered, prompting outrage over the Australian government's silence, despite its initiatives to protect aid workers, as noted by the United Nations.
  • An election ad by Clive Palmer's party was removed by Google for policy violations after reaching over 10 million views, and the ad was critiqued for misleading claims about climate change.
  • Donald Trump's newly announced tariffs on Australian exports have sparked criticism, with PM Anthony Albanese calling them 'totally unwarranted' and opposition leader Peter Dutton suggesting they present a negotiation opportunity.
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Sydney Morning HeraldSydney Morning Herald
+4 Reposted by 4 other sources
Lean Left

Federal election 2025 LIVE updates: ASX falls sharply as fallout continues from Trump tariffs; worst trading day on Wall Street since 2020 as $2.4 trillion wiped

Read all the headlines from day eight of the 2025 federal election campaign on Friday, April 4.

·Sydney, Australia
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The Last Refuge broke the news in on Thursday, April 3, 2025.
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