
Trump’s tariffs send cause economic turmoil: What do they mean for NZ?
Donald Trump’s Liberation Day has felt more like a bloodbath for the world economy.
The US President last week announced what he called reciprocal tariffs on almost every country on Earth – as well as some islands uninhabited by human life.
New Zealand was not as impacted as most – with just a10 percent tariff on our goods imported into the US – but the European Union has had a 20% bump on tariffs, while China has received an additional 34% tariff.
More than 50 countries have reportedly sought talks with the US to ease tariffs, but as trillions are wiped off the stock…
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