SBS News | U.S. Steel Tariffs on Local Stocks

In this interview with Ricardo Gonçalves from Special Broadcasting Service (SBS) Australia, Robert Talevski discusses the impact of new U.S. steel tariffs on local stocks, their flow-on effects to commodities, and the significance of the Soul Patts & Brickworks merger. He also covers the day’s market movements and shares insights on the current market environment.

Key Takeaways:

• Trump’s move to double U.S. steel tariffs boosts BlueScope Steel.
• Tariff hikes and geopolitical tensions fuel commodity volatility.
• Soul Patts & Brickworks merger unlocks $1B in value and enhances liquidity.
• Market outlook: We are telling clients to stay invested, diversify, and explore alternatives like infrastructure and private equity. Fundamentals remain solid despite soft sentiment.