Marshall Gittler’s Market Outlook: AUD falls on weaker iron ore; G20 finance ministers & central bankers’ meetingJPY up, AUD down in risk-off environment; Fed speakers, Canada CPI

Stock markets are a sea of red as Trump slapped tariffs on at least $50bn of imports from China. The news has sparked fears of a trade war as China readies retaliation measures, mostly against US agricultural exporters. Rural areas were big supporters of Trump.