Donald Trump has unveiled a barrage of sweeping tariffs set to hit the rest of the world - and it's left a notable impact on the markets.

All countries, including New Zealand, have been hit with a 10 percent tariff, the EU will cop 20 percent, but Asia's been hit a little harder.

China will pay 34 percent on top of a 20 percent levy, Japan will pay 24 percent and India will pay 26 percent on their goods - and Vietnam and Cambodia will be hit with 46 percent and 49 percent, respectively. 

Fisher Funds expert Sam Dickie says the US markets have taken a dive - and markets across Asia have reacted strongly following this update.

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Donald Trump has unveiled a barrage of sweeping tariffs set to hit the rest of the world - and it's left a notable impact on the markets.
All countries, including New Zealand, have been hit with a 10 percent tariff, the EU will cop 20 percent, but Asia's been hit a little harder.
China will pay 34 percent on top of a 20 percent levy, Japan will pay 24 percent and India will pay 26 percent on their goods - and Vietnam and Cambodia will be hit with 46 percent and 49 percent, respectively.&nbsp;
Fisher Funds expert Sam Dickie says the US markets have taken a dive - and markets across Asia have reacted strongly following this update.
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

Sam Dickie: Fisher Funds expert on what Donald Trump's new tariffs mean for investors

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