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https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8, https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8"," https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8, https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8"," https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x"]}"/><img alt="Both Australia and Canada have much in common including being highly urbanised, services-driven, and dependent on international trade as a source of growth and continued economic prosperity." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2258%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1181%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_75%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8, https://static.ffx.io/images/$zoom_0.1181%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_75%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGN2biI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1181%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_75%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8"," https://static.ffx.io/images/$zoom_0.1181%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_75%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/64442ec6761ff8a370a394e924677d55b58faca8 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/policy/foreign-affairs/here-s-why-australia-canada-ties-matter-more-than-ever-20250217-p5lcvn">Here’s why Australia-Canada ties matter more than ever</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Challenges abound as the Trump administration aims to rewrite global trade rules.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 17, 2025 – 6.03pm">Feb 17, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Bran Black and Goldy Hyder</li></ul></div><div class="_8d6149acd2b4b8ecd5e4"><h2 class="_6f6f6c61a03bdf385f07">Yesterday</h2></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trump-diplomacy-1m2u">Trump diplomacy</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/policy/foreign-affairs/what-if-there-is-no-way-of-australia-placating-trump-20250215-p5lccw"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722, https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722"," https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722, https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722"," https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722, https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722"," https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x"]}"/><img alt="Australian Deputy Prime Minister and Defense Minister Richard Marles attends a meeting with Secretary of Defense Pete Hegseth, not pictured, at the Pentagon, Friday, Feb. 7, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)" class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3125%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_142%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2013%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_242%2C$y_53/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722, https://static.ffx.io/images/$zoom_0.2013%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_242%2C$y_53/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGNjdyI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2013%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_242%2C$y_53/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722"," https://static.ffx.io/images/$zoom_0.2013%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_242%2C$y_53/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/1883087c7e256021aab6f9ec95c7ea93a65e9722 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/policy/foreign-affairs/what-if-there-is-no-way-of-australia-placating-trump-20250215-p5lccw">What if there is no way of Australia placating Trump?</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The only certain thing is that the US president challenges all the assumptions Canberra has ever made about American security guarantees.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 16, 2025 – 1.41pm">Feb 16, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">James Curran</li></ul></div><div class="_8d6149acd2b4b8ecd5e4"><h2 class="_6f6f6c61a03bdf385f07">This Month</h2></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trump-s-white-house-1m69">Trump's White House</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/trump-says-auto-tariffs-set-for-april-2-approves-lng-exports-20250215-p5lcco"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1, https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1"," https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1, https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1"," https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1, https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1"," https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x"]}"/><img alt="An LNG tanker waiting to be loaded in Louisiana." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.1597%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_249%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1499%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_297%2C$y_141/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1, https://static.ffx.io/images/$zoom_0.1499%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_297%2C$y_141/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGNjbyI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1499%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_297%2C$y_141/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1"," https://static.ffx.io/images/$zoom_0.1499%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_297%2C$y_141/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/762da378c552f39dc252859fd4898db0ea04bbe1 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/north-america/trump-says-auto-tariffs-set-for-april-2-approves-lng-exports-20250215-p5lcco">Trump says auto tariffs set for April 2, approves LNG exports</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The president continues to press his effort to remake global trade to address what he says is a system that is tilted against the US.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 15, 2025 – 7.35am">Feb 15, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Reuters and Bloomberg</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trump-s-white-house-1m69">Trump's White House</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/donald-trump-s-trade-war-all-but-certain-20250214-p5lc65"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x"]}"/><img alt="Trump is likely to be dead serious about tariffs." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_41/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756, https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGM2NSI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756"," https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/e8f0de65b21fde4c1a49d8853b8211afe7864756 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/north-america/donald-trump-s-trade-war-all-but-certain-20250214-p5lc65">Trump isn’t bluffing on tariffs. He desperately needs cash</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Don’t believe the “hopeium” that Donald Trump is bluffing on tariffs.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 14, 2025 – 1.01pm">Feb 14, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Christopher Joye</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Updated</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/trump-readies-reciprocal-tariffs-on-us-trading-partners-20250214-p5lc1h"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c, https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c"," https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c, https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c"," https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c, https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c"," https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x"]}"/><img alt="President Donald Trump is pressing forward with his tariffs agenda." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3331%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_47/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.178%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c, https://static.ffx.io/images/$zoom_0.178%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGMxaCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.178%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c"," https://static.ffx.io/images/$zoom_0.178%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/4af158b1120581cc552e4b51f40a153d8266c98c 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/north-america/trump-readies-reciprocal-tariffs-on-us-trading-partners-20250214-p5lc1h">Trump’s new tariffs spark fears for Australia</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The president announced a new policy of imposing tariffs on a “country-by-country” basis, with Australia potentially in the firing line over GST.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 14, 2025 – 9.52am">Feb 14, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Matthew Cranston</li></ul></div></div><div class="_3eaacab240fc7c859667"><div class="adWrapper _4ea0aa84b71a8a06c45e _3c67946999805fcc0b82" data-testid="ad-wrapper"><div class="" id="adspot-320x360_320x50_300x250_300x50-pos2-mobile"></div><div class="" id="adspot-728x90-pos2-tablet"></div><div class="" id="adspot-970x250_728x90-pos2-desktop"></div><small class="acd99af3e011c9b90ee4">Advertisement</small></div></div><div class="aa301fe4d83b6a10bcc9"><div class="ae5af3f592e9bd85d96f"><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/innovation-5yn">Innovation</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/policy/economy/australia-s-critical-slide-in-r-and-d-is-now-a-national-emergency-20250211-p5lb5y"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2, https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2"," https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2, https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2"," https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2, https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2"," https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x"]}"/><img alt="Robyn Denholm, chair of the review of Australia’s R&D system, says over the past 25 years Australia has “slid steeply backwards”." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2348%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_88%2C$y_73/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2088%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_335%2C$y_67/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2, https://static.ffx.io/images/$zoom_0.2088%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_335%2C$y_67/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGI1eSI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2088%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_335%2C$y_67/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2"," https://static.ffx.io/images/$zoom_0.2088%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_335%2C$y_67/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7877d8cf3e3292b83b5eb4591f547e93a3f471a2 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/policy/economy/australia-s-critical-slide-in-r-and-d-is-now-a-national-emergency-20250211-p5lb5y">Australia’s critical slide in R&D is now a national emergency</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">In a world reshaping through emerging technologies, the nation needs to put innovation at the centre of its competitive DNA to set up its fortunes for decades.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 11, 2025 – 10.30pm">Feb 11, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Robyn Denholm</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Analysis</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/asia/why-china-is-to-blame-for-trump-s-steel-tariffs-20250211-p5lb40"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x"]}"/><img alt="A major steel mill in China’s Tangshan, Hebei Province." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd, https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGI0MCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd"," https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/0dea498414cc1ec8df9d36dac6a1f56e9ebb2fbd 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/asia/why-china-is-to-blame-for-trump-s-steel-tariffs-20250211-p5lb40">Why China is to blame for Trump’s metals tariffs</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Existing American taxes already restrict steel and aluminium shipments from the Asian nation, which is now flooding other markets with its exports instead.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 11, 2025 – 10.53am">Feb 11, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Keith Bradsher</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/trump-s-tariff-plan-attacked-in-congress-as-insult-to-australians-20250211-p5lb2j"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae, https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae"," https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae, https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae"," https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae, https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae"," https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x"]}"/><img alt="Congressman Joe Courtney with Australia’s ambassador to the US, Kevin Rudd." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_1.6263%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_676%2C$y_206/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.6341%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_289%2C$y_64/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae, https://static.ffx.io/images/$zoom_0.6341%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_289%2C$y_64/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGIyaiI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.6341%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_289%2C$y_64/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae"," https://static.ffx.io/images/$zoom_0.6341%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_289%2C$y_64/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/05d4dac6595ec9a6daa874272b262a133768c4ae 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/north-america/trump-s-tariff-plan-attacked-in-congress-as-insult-to-australians-20250211-p5lb2j">Trump’s tariff plan attacked in Congress as ‘insult to Australians’</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">At least one US legislator has lambasted the president’s intention to slug Australian steel and aluminum imports into America.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 11, 2025 – 7.34am">Feb 11, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Matthew Cranston</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/politics/federal/trump-hits-all-steel-and-aluminium-imports-with-25pc-tariffs-20250210-p5latt"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d, https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d"," https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d, https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d"," https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d, https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d"," https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x"]}"/><img alt="President Donald Trump speaks to reporters aboard Air Force One." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3113%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_1285%2C$y_332/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1877%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_907%2C$y_184/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d, https://static.ffx.io/images/$zoom_0.1877%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_907%2C$y_184/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGF0dCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1877%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_907%2C$y_184/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d"," https://static.ffx.io/images/$zoom_0.1877%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_907%2C$y_184/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7baeb3c27eff280541c96d599b60517eac2f7c4d 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/politics/federal/trump-hits-all-steel-and-aluminium-imports-with-25pc-tariffs-20250210-p5latt">PM to go head-to-head with Trump on tariff threat</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Australian exports to the US could be hit by taxes after the American president announced a duty on metals coming in from every other nation.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 10, 2025 – 12.22pm">Feb 10, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Phillip Coorey and Simon Evans</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/the-afr-view">The AFR View</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/policy/foreign-affairs/albanese-must-stand-up-to-trump-s-gaza-plan-20250206-p5la8p"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed, https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed"," 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data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed"," https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed, https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed"," https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed 2x"]}"/><img alt="Trump has announced a stunning proposal of a US take-over of the war-torn Gaza Strip to redevelop the territory into the “Riviera of the Middle East”. " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2856%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1992%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_36/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed, https://static.ffx.io/images/$zoom_0.1992%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_36/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGE4cCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1992%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_36/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed"," https://static.ffx.io/images/$zoom_0.1992%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_36/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/181d9a32719be9b648f54ea8799b07db6be5f1ed 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/policy/foreign-affairs/albanese-must-stand-up-to-trump-s-gaza-plan-20250206-p5la8p">Albanese must stand up to Trump’s Gaza plan</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Australia must be prepared to stick up for the international rule of law system that has contributed to our nation’s security, peace, and stability for decades.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 7, 2025 – 6.46pm">Feb 7, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">The AFR View</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/technology---democracy-1lyc">Technology & democracy</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/technology/deepseek-is-a-sign-of-china-s-structural-shift-not-decline-20250207-p5labt"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8, https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8"," https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8, https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8"," https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8, https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8"," https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x"]}"/><img alt="A wander around Beijing’s and Shanghai’s empty shopping malls and half-filled restaurants makes the point. But in other cities, such as Hangzhou, the home of Alibaba and DeepSeek, a different story is told." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.247%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1327%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_92%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8, https://static.ffx.io/images/$zoom_0.1327%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_92%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bGFidCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1327%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_92%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8"," https://static.ffx.io/images/$zoom_0.1327%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_92%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7df3132e2681ccef0ac28c2065de40e6955c00b8 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/technology/deepseek-is-a-sign-of-china-s-structural-shift-not-decline-20250207-p5labt">DeepSeek is a sign of China’s structural shift, not decline</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Contrary to the narrative that China’s private sector has been squeezed into irrelevance, major developments in new industries are being led by young entrepreneurs.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 7, 2025 – 11.44am">Feb 7, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Geoff Raby</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Analysis</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/asia/china-s-xi-plays-cool-hand-in-trump-s-tariff-war-20250204-p5l9gt"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f, https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f"," 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data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f"," https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f, https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f"," https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f 2x"]}"/><img alt="A trade war looms between the world’s two biggest economies." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6114%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_76%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f, https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_76%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDlndCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_76%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f"," https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_76%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/9ce24b69235df120c4719c10233e4779ae18d18f 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/asia/china-s-xi-plays-cool-hand-in-trump-s-tariff-war-20250204-p5l9gt">China’s Xi plays cool hand in Trump’s tariff war</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The presidents face off in trade negotiations, but Beijing’s measured response to new levies shows just how much it has learned since last time.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 5, 2025 – 3.23pm">Feb 5, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Jessica Sier</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trump-diplomacy-1m2u">Trump diplomacy</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/asia/china-s-mr-big-won-t-cave-to-trump-for-nothing-20250205-p5l9lp"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a, https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a"," https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a, https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a"," https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a, https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a"," https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x"]}"/><img alt="Beijing will be watching closely for signs of a US retreat from spheres of influence where it can boost its own standing." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.4877%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_264%2C$y_339/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.3051%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_273%2C$y_208/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a, https://static.ffx.io/images/$zoom_0.3051%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_273%2C$y_208/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDlscCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.3051%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_273%2C$y_208/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a"," https://static.ffx.io/images/$zoom_0.3051%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_273%2C$y_208/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/631bdc1dcbb864b3ea3dc5fb129c2207f300b95a 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/asia/china-s-mr-big-won-t-cave-to-trump-for-nothing-20250205-p5l9lp">China’s Mr Big won’t cave to Trump for nothing</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The US president thinks he has the upper hand in the trade war. But Xi Jinping might be ready to make some hard decisions.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 5, 2025 – 9.46am">Feb 5, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Shuli Ren</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trump-diplomacy-1m2u">Trump diplomacy</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/eu-seeks-early-us-talks-to-avert-trump-tariffs-20250205-p5l9md"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432, https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432"," https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432, https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432"," https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432, https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432"," https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x"]}"/><img alt="European Commission President Ursula von der Leyen said a priority was to work on areas where EU and US interests converge, such as critical supply chains and emerging technologies." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3112%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_690%2C$y_136/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1255%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_277%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432, https://static.ffx.io/images/$zoom_0.1255%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_277%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDltZCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1255%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_277%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432"," https://static.ffx.io/images/$zoom_0.1255%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_277%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/3b1cf22db5451cad6ef1615ca67f267d037be432 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/north-america/eu-seeks-early-us-talks-to-avert-trump-tariffs-20250205-p5l9md">EU seeks early US talks to avert Trump tariffs</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The president has repeatedly complained about the US goods trade deficit with the 27-country European Union.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 5, 2025 – 5.50am">Feb 5, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Philip Blenkinsop</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/chanticleer">Chanticleer</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/chanticleer/there-is-a-price-to-be-paid-for-trump-s-deals-20250204-p5l9b7"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x"]}"/><img alt="Trump’s tariff war will force investors to recalculate their assumptions." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_89%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc, https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_89%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDliNyI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_89%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc"," https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_89%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/88335d113564f695d01db2052eda0db2c5286efc 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/chanticleer/there-is-a-price-to-be-paid-for-trump-s-deals-20250204-p5l9b7">There is a price to be paid for Trump’s ‘deals’</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Markets welcomed the president’s reprieve for tariffs on Mexico and Canada, and talks with China. But there’s a big price for using chaos as a bargaining tool.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 4, 2025 – 8.30am">Feb 4, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">James Thomson</li></ul></div><div class="_3eaacab240fc7c859667 ee02a2ddc0855779f8c1"><div class="adWrapper _4ea0aa84b71a8a06c45e _3c67946999805fcc0b82" data-testid="ad-wrapper"><div class="" id="adspot-320x360_320x50_300x250_300x50-pos3-mobile"></div><div class="" id="adspot-728x90-pos3-tablet"></div><small class="acd99af3e011c9b90ee4">Advertisement</small></div></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/economist-survey-1n81">Economist survey</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/markets/debt-markets/meet-the-most-accurate-economic-forecaster-of-2024-20250131-p5l8os"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa, https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa"," https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa, https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa"," https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa, https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa"," https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x"]}"/><img alt="Paul Bloxham, chief economist at HSBC." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_219%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.42%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_285%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa, https://static.ffx.io/images/$zoom_0.42%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_285%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDhvcyI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.42%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_285%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa"," https://static.ffx.io/images/$zoom_0.42%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_285%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7a28d25ea52202ce603ec305d09f2928fe2778fa 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/markets/debt-markets/meet-the-most-accurate-economic-forecaster-of-2024-20250131-p5l8os">Meet the most accurate economic forecaster of 2024</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The Reserve Bank will cut the cash rate, according to Paul Bloxham, but don’t count on a big drop in borrowing costs as this cycle will be a short one.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 3, 2025 – 9.42pm">Feb 3, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Cecile Lefort</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/policy/foreign-affairs/donald-trump-s-tariff-war-without-end-20250203-p5l92d"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e, https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e"," https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e, https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e"," https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e, https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e"," https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x"]}"/><img alt="President Donald Trump suggested that efforts to boost diversity was the cause of the crash." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2937%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_560%2C$y_207/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1747%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_460%2C$y_110/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e, https://static.ffx.io/images/$zoom_0.1747%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_460%2C$y_110/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDkyZCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1747%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_460%2C$y_110/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e"," https://static.ffx.io/images/$zoom_0.1747%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_460%2C$y_110/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/3a8bce8f901cf4a82d860f349e024703e948de7e 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/policy/foreign-affairs/donald-trump-s-tariff-war-without-end-20250203-p5l92d">Trump is using tariffs as a weapon, no matter the cost</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The US president’s use of tariffs against China in his first term is now in full bloom as a general panacea to impose on even close US allies for a range of problems.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 3, 2025 – 2.15pm">Feb 3, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Jennifer Hewett</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/trump-says-americans-could-feel-some-pain-in-trade-war-20250203-p5l91j"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b, https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b"," https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b, https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b"," https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b, https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b"," https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x"]}"/><img alt="President Donald Trump admitted Americans might feel some discomfort after the tariffs he imposed on imports from several countries. " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_37/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1146%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_27/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b, https://static.ffx.io/images/$zoom_0.1146%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_27/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDkxaiI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1146%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_27/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b"," https://static.ffx.io/images/$zoom_0.1146%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_27/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/76714d10b57c75e1c925b1c248098e8a2ae5867b 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/world/north-america/trump-says-americans-could-feel-some-pain-in-trade-war-20250203-p5l91j">Trump says EU tariffs will be next</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Trump’s latest comments leave little room for optimism of an agreement to avoid a North American trade war that may spread across the world.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Feb 3, 2025 – 8.59am">Feb 3, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Skylar Woodhouse</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/wall-street-1lyg">Wall Street</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/markets/equity-markets/us-exceptionalism-is-peaking-bofa-s-hartnett-20250201-p5l8s0"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91, https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91"," https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91, https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91"," https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91, https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91"," https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x"]}"/><img alt="The outlook for US equities is becoming less clear." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_1.1869%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_849%2C$y_530/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.6649%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_489%2C$y_255/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91, https://static.ffx.io/images/$zoom_0.6649%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_489%2C$y_255/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDhzMCI=" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.6649%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_489%2C$y_255/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91"," https://static.ffx.io/images/$zoom_0.6649%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_489%2C$y_255/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/ec0e83bfd35a418843ebecd2264d2fd36f7b8d91 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/markets/equity-markets/us-exceptionalism-is-peaking-bofa-s-hartnett-20250201-p5l8s0">US exceptionalism is peaking: expert</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The “magnificent seven” are poised to become the “lagnificent seven” as the tailwinds that have propelled American equities fade, Michael Hartnett argues.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><span>Updated </span><time data-testid="StoryTile-Timestamp" dateTime="Feb 2, 2025 – 12.03pm">Feb 2, 2025</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Timothy Moore</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/trump-s-white-house-1m69">Trump's White House</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/world/north-america/trump-to-impose-new-tariffs-on-canada-mexico-and-china-on-saturday-20250201-p5l8rw"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6, https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6"," https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6, https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6"," https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6, https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6"," https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x"]}"/><img alt="President Donald Trump." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_1.2416%2C$multiply_1%2C$ratio_1.777778%2C$width_1059%2C$x_781%2C$y_400/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.7026%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_540%2C$y_201/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6, https://static.ffx.io/images/$zoom_0.7026%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_540%2C$y_201/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/01a04c21e660f1f80c7d0be27dd70d24f6d140b6 2x" sizes="(max-width: 767px) 80px" data-id="QXNzZXQ6InA1bDhydyI=" 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0h1.126v2.123h1.597V.881h1.126v5.304h-1.126V3.863h-1.597v2.322h-1.126zm6.49 0h3.834v.994h-2.7v1.094h1.857v.994H33.34V5.19h2.827v.994h-3.96zm10.561 0h1.432l1.589 5.304h-1.134l-.35-1.2h-1.79l-.35 1.2h-.94zm.627 1.087-.657 2.236h1.328zM48.01.88h1.125v3.494c0 .638.307.994.85.994.546 0 .828-.355.828-.995V.881h1.127v3.593c0 1.143-.739 1.839-1.954 1.839-1.283 0-1.977-.738-1.977-2.094zM55.1 4.623c.373.518.671.717 1.044.717.396 0 .701-.263.701-.596 0-.412-.492-.611-.962-.803-.314-.128-1.544-.497-1.544-1.669 0-.901.761-1.547 1.82-1.547.888 0 1.403.54 1.679 1.008l-.791.56c-.373-.482-.642-.652-.993-.652-.335 0-.589.213-.589.49 0 .398.321.56.947.802.68.277 1.56.625 1.56 1.768 0 .952-.769 1.598-1.91 1.598-1.06 0-1.588-.732-1.798-1.129zM59.831.881h4.043v.994h-1.47v4.31h-1.125v-4.31H59.83zm6.327 0h1.776c1.223 0 1.872.554 1.872 1.583 0 .888-.641 1.208-.962 1.37l1.096 2.351h-1.178l-1-2.151h-.47v2.151h-1.134zm1.127.866V3.21h.179c.455 0 1.126 0 1.126-.731 0-.52-.29-.732-.969-.732zM73.133.88h1.433l1.588 5.304H75.02l-.35-1.2h-1.79l-.35 1.2h-.941zm.627 1.087-.656 2.236h1.327zM78.228.88h1.127v4.31h2.543v.994h-3.67zm5.194 0h2.439v.554h-.649V5.63h.657v.554h-2.447v-.554h.664V1.435h-.664zm5.61 0h1.433l1.588 5.304H90.92l-.352-1.2h-1.79l-.35 1.2h-.94zm.627 1.087-.657 2.236h1.328zM94.254.88h1.201l1.73 3.359V.88h1.053v5.305H97.2l-1.895-3.628v3.628h-1.052zm71.371-.006c1.365 0 2.496 1.19 2.496 2.624 0 1.433-1.131 2.623-2.496 2.623s-2.495-1.19-2.495-2.623 1.13-2.624 2.495-2.624"></path></svg><span class="_26c25e0b12e74d0a9c93">The Australian Financial Review Magazine</span></a></h2></header><div class="_7d871b0088b82f7f587d" data-pb-type="st" data-testid="StoryTileBaseImageLed"><a tabindex="-1" class="_0c5ddbeb4a430fb3021d" href="/life-and-luxury/travel/how-isla-fisher-flies-from-la-to-london-and-back-20241023-p5kkmq"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="300" height="169" 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srcSet="https://static.ffx.io/images/$zoom_0.335%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_248%2C$y_41/t_crop_custom/c_scale%2Cw_240%2Cq_88%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae, https://static.ffx.io/images/$zoom_0.335%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_248%2C$y_41/t_crop_custom/c_scale%2Cw_480%2Cq_52%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":240,"urls":["https://static.ffx.io/images/$zoom_0.335%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_248%2C$y_41/t_crop_custom/c_scale%2Cw_240%2Cq_88%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae"," https://static.ffx.io/images/$zoom_0.335%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_248%2C$y_41/t_crop_custom/c_scale%2Cw_480%2Cq_52%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae 2x"]}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="https://static.ffx.io/images/$zoom_0.133%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae, https://static.ffx.io/images/$zoom_0.133%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae 2x" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.133%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae"," https://static.ffx.io/images/$zoom_0.133%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/237b66520b930221a67f05544a3645c41b9cc2ae 2x"]}"/><img alt="Jacques Greeff with brother Frank, who is a ex-chef and young rich lister, are on a mission to meet all the founders in Australia making more than $10m a year. He has been cooking lunches at his Northern Beaches home for founders. 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