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10 things you need to know this morning in Australia Good morning. Here's your smart, fast start to the day.

6 things Australian traders will be talking about this morning The AUD fell back sharply from its overnight highs following the latest trade announcement.

THE BIG ONE: Trump slams China with tariffs on $200 billion worth of goods, taking the trade war to the next level Economists expect the tariffs to increase the cost of goods for US consumers and possibly slow the broader US economy.

These are the eight crucial areas where it's still not too late for Australia to cash in on a $15 trillion global opportunity Australia is lagging well behind in converting innovation to cash Australia potentially well-placed to pull in $315 billion in the next 10 years.

The giant garbage vortex in the Pacific Ocean is almost the size of Queensland — here's what it looks like The Great Pacific Garbage Patch is a massive area measuring more than 1.6 million square kilometres.

Elon Musk and SpaceX shared new images of a rocket ship designed to colonize Mars — and the pictures hint at crucial design changes The release of the images coincides with a major announcement from SpaceX tonight in which it will name the first passenger to fly on the rocket.

Jeff Bezos emailed 1,000 Amazon customers in 1997 asking what he should sell — and the common theme in their answers is still clear in the business model today In 1997, Jeff Bezos wanted to see how else he could expand his online storefront.

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