Trump said on Wednesday that he will only lower tariffs if countries agree to open their markets to U.S. businesses, pointing to fresh agreements with Japan and Indonesia that he claimed mark a historic shift in bilateral trade dynamics.

April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.

Welcome to the Trading Day blog for Thursday, July 24. ASX 200 to rise after Wall Street gains. Miners in focus as quarterly updates continue.

OBAMA'S REBUKE: Former President Barack Obama’s office issued a rebuke of Trump yesterday over his accusation that his predecessor committed “treason” and rigged the 2016 and 2020 presidential elections.

Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have started to take their toll.

The files are sealed, but the pressure's mounting. Meanwhile, Trump says the Epstein controversy is helping him instead of hurting him. Plus, Trump goes on the offensive, accusing Barack Obama of treason - without providing any evidence to back the allegation.

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

President Donald Trump said he could meet with Chinese President Xi Jinping in the "not too distant future" following an invitation from Beijing.