Like you, I’ve seen the reports about the hemorrhaging of the American stock market, and wondered where this is going to lead. I can’t get my head around what it all means that trillions of dollars have been wiped from the American stock exchange. And as we record this, we’re being warned that the Australian share market is in for a bloodbath.

Today, deputy business editor Clancy Yeates, on where Trump’s trade war will leave Australia’s economy, both in the short term, and the longer term. And whether this foreshadows a global financial crisis.