Reece Ltd

REH: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Australian Industrials' Diverse Geographic Earnings Are a Shelter From the Full Impact of Tariffs

Esther Holloway

Apr 10, 2025

US President Trump temporarily lowered tariffs to 10% on most ex-China US imports for a three-month period while countries seek to negotiate. But China is facing an even higher 145% tariff. Most ANZ industrial shares rallied, returning to, or nearing, pre-"liberation day" prices.

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Reece Ltd

Australian Industrials' Diverse Geographic Earnings Are a Shelter From the Full Impact of Tariffs

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