President-elect Donald Trump has threatened to hit Mexico, Canada and China with new tariffs as soon as he takes office.

In a post on social media, Trump promised to charge Mexico and Canada an additional 25 percent tariff on all products they send to the US - and an additional 10 percent tariff will be placed on Chinese goods.

Infometrics Principal Economist Brad Olsen says these trade changes come with ramifications for the rest of the world - New Zealand included.

LISTEN ABOVE

President-elect Donald Trump has threatened to hit Mexico, Canada and China with new tariffs as soon as he takes office.
In a post on social media, Trump promised to charge Mexico and Canada an additional 25 percent tariff on all products they send to the US - and an additional 10 percent tariff will be placed on Chinese goods.
Infometrics Principal Economist Brad Olsen says these trade changes come with ramifications for the rest of the world - New Zealand included.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Brad Olsen: Infometrics Principal Economist on Donald Trump's proposed tariffs for Mexico, Canada and China

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/301aaf5d-0650-4894-bad5-b23400754f38/transcript

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