February 2025

Closing Bell

Closing Bell 5th February: Coal stocks rise after Beijing sets tariffs. ASX higher led by mining stocks

Australian Shares Rise as Mining Stocks Gain on China’s Tariff Response

Australian shares advanced on Wednesday as China’s measured response to U.S. tariffs lifted mining stocks. The S&P/ASX 200 gained 0.6%, or 47.6 points, to 8421.6 by mid afternoon, recovering from recent declines. The All Ordinaries Index rose 0.7%, with nine of the 11 sectors trading higher.

MacroTrends

Trump’s Tariff Threats: A Page out of “The Art of the Deal”

This week’s dramatic tariff announcements targeting Canada, Mexico, and China bear all the hallmarks of Donald Trump’s signature negotiation playbook. The former president’s threat to impose 25% tariffs on Canada and Mexico, along with 10% on Chinese imports, perfectly demonstrates the negotiation tactics he outlined in his 1987 bestseller.

Scroll to Top