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ASX 200: Australian share market sheds $160bn on opening as US trade war gloom spreads across globe

Benchmark S&P/ASX 200 sank 6% within minutes of market opening – sending it back to levels not seen since late 2023Get our afternoon election email, free app or daily news podcastElection 2025 live updates: Australia’s federal election campaignMore than $160bn has been wiped off the Australian share market, as fears of a full-blown trade war grip investors.The benchmark S&P/ASX 200 sank more than 6% to trade below the 7,200 point mark within minutes of the market opening on Monday, sending it back to levels not seen since late 2023. Continue reading...

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