One expert has delivered a grim outlook for share markets around the world. 

Stocks have tumbled after US President Donald Trump slapped tariffs on Canada, China and Mexico. 

Infometrics Chief Forecaster Gareth Kiernan says markets surged after the election with thoughts that Trump might promote growth. 

He says there might not be a quick fix for the issue. 

"I suspect it's going to be something that could last a lot longer, and we could be in a more serious downward trend that lasts for up to 12 months."

LISTEN ABOVE

One expert has delivered a grim outlook for share markets around the world.&nbsp;
Stocks have tumbled after US President Donald Trump slapped tariffs on Canada, China and Mexico.&nbsp;
Infometrics Chief Forecaster Gareth Kiernan says markets surged after the election with thoughts that Trump might promote growth.&nbsp;
He says there might not be a quick fix for the issue.&nbsp;
"I suspect it's going to be something that could last a lot longer, and we could be in a more serious downward trend that lasts for up to 12 months."
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

Gareth Kiernan: Infometrics Chief Forecaster on the economic impact of Donald Trump's tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f65a0617-c3ba-44c5-9848-b29700643c42/transcript