Exporters are scrambling under the sudden imposition of Donald Trump's tariffs. 

The President's signature economic policy has taken effect, with US allies and adversaries all facing tariffs. 

New Zealand's been hit with the lowest rate -10 percent.

Egmont Honey founder James Annabell says the move prompted hasty discussions with US-based buyers.

He explained Costco US knew his company couldn't afford to take on the extra cost - so now it's likely US consumers will bear the brunt of it. 

LISTEN ABOVE

Exporters are scrambling under the sudden imposition of Donald Trump's tariffs.&nbsp;
The President's signature economic policy has taken effect, with US allies and adversaries all facing tariffs.&nbsp;
New Zealand's been hit with the lowest rate -10 percent.
Egmont Honey founder James Annabell says the move prompted hasty discussions with US-based buyers.
He explained Costco US knew his company couldn't afford to take on the extra cost - so now it's likely US consumers will bear the brunt of it.&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

James Annabell: Egmont Honey founder on the impact Donald Trump's tariffs are having on Kiwi businesses

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/94af8972-36a1-4bda-9336-b2ba006d9ed2/transcript