In the first 20 minutes the Australian stock exchange has fallen 6%. This will be the first immediate impact of the tariffs on Australia – it won’t have any impact on prices, but investors are freaking out that a global recession is on the way.

Lower share prices do have an impact on the ability for companies to invest, and yes it does have an impact on superannuation – but people should always remember that superannuation is a long-term thing (this of course is not financial advice!)