Is the CBA share price a buy amid the global tariff sell-off?

View of a business man's hand passing a $100 note to another with a bank in the background.

Image source: Getty Images

The Commonwealth Bank of Australia (ASX: CBA) share price has fallen more than 7% since 13 February 2025, as the chart below shows. After a sizeable drop, investors may be wondering whether it’s time to jump on the lower price.

Over the same time period, the S&P/ASX 200 Index (ASX: XJO) has dropped by 10%, so CBA shares have outperformed.

What’s going on with the ASX share market?

Investors have become pessimistic about the US announcement of a tariff rate of at least 10% on nearly all products from virtually all countries. Countries such as China, EU nations and various Asian nations have been hit with an even higher tariff rate. China has responded with a similar tariff rate on the US.

While the ASX isn’t…

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