Brad Ryan

The cordial tone of the leaders' meeting mostly belied the bitter trade war being fought by their countries.

The Trump adviser responsible for the Signal group chat that became a national security scandal is being replaced and nominated as the next US ambassador at the United Nations.

The US and Ukraine sign an agreement to create a "reconstruction investment fund", two months after initial plans to sign a wartime deal were shelved when the countries' leaders spectacularly clashed in the Oval Office.   

US President Donald Trump acknowledges Australia's efforts to talk to him about trade and says he intends to speak to the Australian prime minister about the issue.

US markets plunge again as optimism over President Donald Trump's tariffs "pause" is overshadowed by his escalating trade war with China, which the White House says will now be hit with a 145 per cent tariff.

Perched on one shoulder, the demons have been appealing to Donald Trump's long-held love of tariffs. On the other side, the angels have been appealing to his long-held love of deal-making.

Almost all countries will now be subject to a 10 per cent tariff, rather than the larger "liberation day" rates announced last week. But China will be hit with an extraordinary tariff of 125 per cent.

It's been another tumultuous day on Wall Street as concerns rise about whether US President Donald Trump's trade war will torpedo the global economy.

Wall Street is struck with a COVID-like blow in the wake of Donald Trump's tariffs announcement, but the US president insists his country is "healing". 

Donald Trump's commerce secretary indicates Australia should not expect an exemption from tariffs even if it relaxes its restrictions on American beef imports.