On The Money: Market waits for US-China tariff update, & Australian states warned of credit rating cuts

The Australian sharemarket only partially recovered yesterday's losses, as investors wait to see if Chinese imports into the US will also see a pause on tariffs, as Donald Trump offered the reprieve to Canada and Mexico. SBS Finance Editor Ricardo Gonçalves takes a closer look with Jonathan Shead from State Street Global Investors. Plus, S&P Global has warned a number of Australian states may have their credit rating downgraded... find out why with Anthony Walker.