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Week 31 Wrap: Oz Core CPI @ 2.7%! But Here Come Tariffs. Again. Next Friday

Once again, I am forced to write about tariffs. Nearly against my will, but if I don’t, no-one is going to click this article. Beware the ides of March, and April, through to August. While the ASX got a slight boost this week as the ABS showed Aussie headline inflation at a happy-looking-number of 2.1% (while core or TMI sits at 2.7%); it is the spectre of the Great Trump Tariff Un-Pause that has sunk us into the red. Naturally, they were meant …

7 Articles

Lean Left

This Friday, customs duties on goods imported into the USA should enter into force, including those from the European Union. The night before, however, the White House postpones the date until next Thursday.

·Vienna, Austria
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Center

The United States has postponed the entry into force of the official new customs rules already in force by one week, and the postponement is intended to give the US border and customs authorities time to implement the new rules.

·Germany
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TVA NouvellesTVA Nouvelles
Reposted by
Le Journal de QuebecLe Journal de Quebec
Lean Left

The entry into force of the new U.S. surtaxes was postponed to August 7, according to a senior official.

·Montreal, Canada
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A 15-percent customs duty on EU products, many exceptions unexplained, the markets insecure: Trump's latest decree puts pressure on Europe and the world.

·Leipzig, Germany
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Actually, the new US tariffs on foreign products were announced for this Friday. A few hours before the planned entry into force, it becomes clear: they will only come later. How is the process justified?

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TVA Nouvelles broke the news in Montreal, Canada on Friday, August 1, 2025.
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