Kiwi toy entrepreneur Nick Mowbray says businesses in the US are pressing pause on major purchasing decisions.
There's ongoing uncertainty about Donald Trump's tariff plan.
The US President says he might temporarily lower tariffs on the auto industry following temporary reductions for Chinese electronics and goods from most other countries.
Zuru Toys co-founder Nick Mowbray told Mike Hosking manufacturers and retailers are in a holding pattern, waiting to see how things pan out.
He says it would be hard to say they're not worried, but they're just trying to deal with the situation as it unfolds daily.
LISTEN ABOVE

Richard Arnold: US correspondent on Bill Gates warning that AI growth can't keep 'going unchecked'
05:18

Vicky Pryce: business correspondent on Andy Burnham's bid to fix the cost of living amid rising energy prices
02:58

Katherine Rich: BusinessNZ CEO on the impact NZ First's proposed tax cut for small and medium businesses could have
09:03