Australian shares have followed Wall Street lower as new US car import tariffs fuel trade war fears. -AAP Image
The Australian share market has finished in the red, following US and European equities lower as fresh tariffs on cars made outside America ended a brief reprieve from White House trade policy angst.
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The S&P/ASX200 on Thursday closed down 30 points, or 0.4 per cent, to 7969.0, while the broader All Ordinaries fell 39.6 points, or 0.5 per cent, to 8185.5.
The Australian dollar was buying 63.13 US cents, up from Wednesday afternoon's 63.08 US cents.
