Inflation holds but tariff costs yet to hit
Kia ora,
Welcome to Thursday’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 retaliation on retaliation seems to be the order of the day in the US tariff policy - exactly has observers had expected. The whole thing is a no-win battle and a repeat of a history lesson that failed the first time - one it should be noted that resulted in the 1929 Depression.
Both Canada and the EU responded with retaliatory tariffs on imports from the US…
The skinny
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