Australian stock market set to open lower amid global trade tensions and Trump's tariff threats.

The Australian stock market is expected to open lower due to renewed global trade tensions, following US President Trump's threats of tariffs on the EU and tech companies. In economic news, Elders Limited reported a strong earnings recovery, while QMines Ltd found high-grade expansion potential at its Mt Chalmers Project. WiseTech Global acquired E2open for $2.1 billion to expand into new markets.