US President Donald Trump has announced an increase to the current 10% tariff on NZ goods.

As of today, the President has raised these tariffs to 15%, leaving exporters concerned about their businesses.

President Trump says that this increase is a 'reciprocal' tariff. Senior Business Journalist John Weekes says that this comment has left confusion, as New Zealand does not impose tariffs on US products.

LISTEN ABOVE

US President Donald Trump has announced an increase to the current 10% tariff on NZ goods.
As of today, the President has raised these tariffs to 15%, leaving exporters concerned about their businesses.
President Trump says that this increase is a 'reciprocal' tariff. Senior Business Journalist John Weekes says that this comment has left confusion, as New Zealand does not impose tariffs on US products.
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

John Weekes: Senior Business Journalist on what Trump's tariff increase means for NZ

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dbb754da-31a8-447f-b6fe-b32c002f7b09/transcript