Stock markets across the US have taken a significant hit over concerns about the negative economic impact of President Donald Trump's tariffs.

After the President refused to rule out a recession, the S&P 500 dropped 2.7 percent, the Nasdaq fell 4 percent and the Dow Jones Industrial Average dropped 2 percent.

Infometrics Principal Economist Brad Olsen says US markets have a right to be worried following Trump's comments. 

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Stock markets across the US have taken a significant hit over concerns about the negative economic impact of President Donald Trump's tariffs.
After the President refused to rule out a recession, the S&amp;P 500 dropped 2.7 percent, the Nasdaq fell 4 percent and the Dow Jones Industrial Average dropped 2 percent.
Infometrics Principal Economist Brad Olsen says US markets have a right to be worried following Trump's comments.&nbsp;
LISTEN ABOVE

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. 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 the market's response to Donald Trump's comments about the economy

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/48a6e8de-e61d-49bd-aa88-b29d0074a63d/transcript