Squiz Today A Squiz at February: Trump's tariffs begin, and a romantic recipe resonates
Dec 22, 2025
In a whirlwind of topics, Trump's hefty tariffs on steel and aluminum shake global markets, prompting Australia to fight for an exemption. The fallout sees the ASX plummet and investors flock to safe assets. Meanwhile, WiseTech grapples with a governance crisis as directors resign, even as profits remain stable. Shifting gears, a festive SNL anniversary special garners attention with celebrity cameos, and the viral sensation Marry Me Chicken takes TikTok by storm, winning hearts and stomachs.
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Global Tariffs Rock Markets
- Trump's global tariffs in February shocked markets and pressured Australian exporters and currency values.
- The measures risked higher US consumer prices and prompted retaliatory tariffs that escalated into trade tensions.
Lobby Fast For Trade Exemptions
- Anthony Albanese lobbied quickly for an exemption to protect Australian exporters and argued Australia had a US trade surplus.
- Governments should act fast and use trade data to seek carve-outs during sudden protectionist moves.
Boardroom Collapse At WiseTech
- WiseTech Global saw four board members, including the chairman, resign in one day amid conflict over founder Richard White's role.
- The share price plunged over 20% and wiped nearly $10 billion off the company's value despite rising revenue and profit.