A US markets analyst suspects Donald Trump is trying to buy time by lowering tariffs on most countries to a blanket 10 percent for 90 days.

But the US President's hiked them for China - to 125 percent.

Scott Shellady says 75 countries are reportedly seeking an audience with the President. 

"The 90 day pause is so he can get through the backlog of countries that said they want to do a deal."

LISTEN ABOVE

A US markets analyst suspects Donald Trump is trying to buy time by lowering tariffs on most countries to a blanket 10 percent for 90 days.
But the US President's hiked them for China - to 125 percent.
Scott Shellady says 75 countries are reportedly seeking an audience with the President.&nbsp;
"The 90 day pause is so he can get through the backlog of countries that said they want to do a deal."
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

Scott Shellady: US markets analyst unpacks why Trump may have paused tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/af6fe063-ae5a-4e50-8c05-b2bb00521c4e/transcript