ASX 200 fallout continues as market wipe out reaches more than $200bn
The ASX 200 has lost $200bn in just three weeks as the impact of US
President Donald Trump's brutal tariffs reverbate through markets.
...
...
The nose dive in Australian shares follows several reasons, including
US trade policy uncertainty and fears of a looming US recession as Mr
Trump passes through his previously announced tariff policy.
"The way [Mr Trump] is going about it is truly frightening and that is parlaying through into our stock market, so things aren't looking
particularly flashy right now."
Adding to the pressures on the local market, weakness in the big banks
and miners as well as a number of large stocks trading ex dividend is
seeing the Aussie market fall heavily in the red.
https://www.news.com.au/finance/markets/australian-markets/asx-200-fallout-continues-as-market-wipe-out-reaches-more-than-200bn/news-story/f3eafbbdc737269dbecdcc1d8325477d
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