What Trump's Liberation Day Tariffs Mean for Australian Investors

In this episode of The ASX Small Cap Wrap, we unpack Donald Trump’s “Liberation Day” tariff threats and what they could mean for Australian investors, local small caps, and the broader global economy.

We also cover:

• Key ASX small caps in the spotlight: Medadvisor (ASX: MDR), Tower (ASX: TWR), PlaySide Studios (ASX: PLY), Domain Holdings (ASX: DHG), and Environmental Group (ASX: EGL).
• The two commodities Patrick is currently most heavily exposed to.
• How (and why) we hedged our portfolios and reduced risk in recent weeks.

There’s a healthy mix of banter, long-term thinking, and spicy economic chat — all wrapped up in our usual burrito of investing goodness. Hosted by Patrick Poke (A Rich Life’s Business Editor) and Claude Walker (Founder & Editor-in-Chief), The ASX Small Cap Wrap brings you thoughtful, sometimes irreverent insights into the ASX small cap scene — every fortnight.

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Disclosure: The hosts on this show may own shares in some of the companies discussed. They will not trade shares in companies discussed for at least 48 hours following the publication of this show. This show is not intended to form the basis of an investment decision and is not a recommendation. Any statements that are advice under the law are general advice only. The hosts have not considered your investment objectives or personal situation. Any advice is authorised by Claude Walker (AR 1297632), Authorised Representative of Ethical Investment Advisers Pty Ltd (ABN 26108175819) (AFSL 343937).

The information contained in this show is not intended as and shall not be understood or construed as personal financial product advice. You should consider whether the advice is suitable for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement. Nothing in this show should be understood as a solicitation or recommendation to buy or sell any financial products. A Rich Life does not warrant or represent that the information, opinions or conclusions contained in this show are accurate, reliable, complete or current. Future results may materially vary from such opinions, forecasts, projections or forward looking statements. You should be aware that any references to past performance does not indicate or guarantee future performance.