Willis ignores new Global Financial & Trade Crisis

The Kākā by Bernard Hickey · Apr 21, 2025 · 7m

Long stories shortest from our political economy on Tuesday, April 22:

* US markets slump after Donald Trump threatens the Fed’s independence.

* China warns its trading partners not to side with the US.

* Trump says some trading partners may have to choose the US or China.

* Nicola Willis says her fiscal policy will ignore the global tariff shock.

* DHL stops sending parcels worth over US$800 to the United States. Globally.

* NZ abstains on a key climate vote, while Defence lowers climate change as a risk.

(There is more detail, analysis and links to documents below the paywall fold and in…