US President Donald Trump today forged ahead with tariffs of 125 percent against Chinese goods - escalating the US-China trade war.

Trump’s sweeping tariffs have unsettled the global economy since coming into force over the weekend, and China has vowed to fight back with tariffs of their own.

Mahon China Investment Management CEO David Mahon says China won't blink first in the stand-off.

"Trump's already blinked on all the other tariffs that he flung at countries quite randomly, so I don't think this is an economic argument. Reciprocal tariffs are another form of self-injury."

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US President Donald Trump today forged ahead with tariffs of 125 percent against Chinese goods - escalating the US-China trade war.
Trump’s sweeping tariffs have unsettled the global economy since coming into force over the weekend, and China has vowed to fight back with tariffs of their own.
Mahon China Investment Management CEO David Mahon says China won't blink first in the stand-off.
"Trump's already blinked on all the other tariffs that he flung at countries quite randomly, so I don't think this is an economic argument. Reciprocal tariffs are another form of self-injury."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

David Mahon: Mahon China Investment Management CEO on the trade war brewing between the US and China

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e8373e65-9815-48f5-9cb0-b2bb006a133c/transcript