Xero share price slides after Trump tariff threat hits tech — ASX:XRO sinks to 12‑month low
SYDNEY, Jan 19, 2026, 16:51 AEDT — The market has closed. Cloud accounting software provider Xero Ltd (XRO.AX) slipped 2.6% to close at A$100.89 on Monday, hitting a 12-month low of A$98.23 earlier in the session. The stock started the day at A$103.25 and peaked at A$103.35. Since January, shares have dropped roughly 10%, with around 889,000 shares traded, according to market data. (Investing.com) The drop followed investor retreat from risk after U.S. President Donald Trump threatened tariffs on several European countries over Greenland, raising fears of a trade war. “Markets are pricing in increased political risk premia on the