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More trade deals, just not with the US

Kia ora,

Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from Interest.co.nz.

And today we lead with news there are more tariff-deals being done, of the free trade type, but just not with the US and their mutually punitive style.

In the US, jobless claims dipped last week, mainly on seasonal factors. There are now 2,016,000 people on these benefits, +5.3% more than the 1,914,000 on them this time last year.

Sales of new single-family homes rose marginally in June from…

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