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Aside from a likely short-term hit to share prices, there will be an impact on companies' financial metrics. How your ASX shares may be impacted by US tariffs You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more.
Learn More S&P/ASX 200 Index (ASX: XJO) shares are expected to open lower today as the market ponders the impact of new US tariffs. According to the latest SPI futures, the ASX 200 is expected to open 1.2% lower on Friday.
Yesterday, we saw the first way in which the 'Liberation Day' reciprocal US tariffs will impact ASX shares — short-term price falls. The ASX 200 declined 0.94% yesterday, and many stocks plunged as companies released statements regarding the impact.
Every country is subject to a different reciprocal US tariff, depending on its own tariffs and other charges levied on US goods. The market has been eagerly yet warily anticipating this information for months, and now we finally have it. The next step is getting an understanding of how the US tariffs will affect your ASX shares investments.
Aside from a likely short-term hit to share prices, there will also be an impact on companies' financial metrics. Brace for impact on your ASX shares More ASX shares will likely experience volatility as more companies issue statements about how the tariffs will affect them. Some companies got on the front foot and released statements yesterday.
One of them was whitegoods manufacturer, Breville Group Ltd (ASX: BRG), which sells approximately 45% of its products into the US. This is the second way in which the US tariffs may impact your ASX shares. If you're invested in companies that sell a lot of goods into the US, you're likely to see a short-term share price hit.
Breville also told the market that it currently manufactures approximately 90%...
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