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Tariffs bring destabilising pressures

Kia ora,

Welcome to Tuesday’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 the NZD is falling again and sharply, now back to one-month lows as commodity prices suggested shifts to our disadvantage, and global trade flows became more uncertain.

The global risk-off trend is building. Wall Street opened weak, although it has pared back some of the losses in its afternoon trade.

Elsewhere in the US, a key MidWest factory survey, the Chicago…

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