Donald Trump remains steadfast in his pursuit of sweeping global tariffs - slamming a US Supreme Court decision outlawing them as anti-American.
The President's now taking advantage of a never-used trade law to enact 15 percent temporary levies, under the guise of a balance of payments deficit.
Harbour Asset Management's Shane Solly unpacked the market reactions.
LISTEN ABOVE

Gavin Grey: UK correspondent on Donald Trump sending a US hospital boat to Greenland
04:34

Karl Gradon: Comvita CEO on the company returning to profit in half-year result
04:10

The Huddle: Did Chippy's address give us more or less faith in Labour?
10:10