US President Donald Trump has signalled an incoming announcement of 25 percent tariffs on all steel and aluminium imports into the US. 

Trump also reaffirmed that he would announce 'reciprocal tariffs', meaning the US would impose import duties on on products in cases where another country has levied duties on US goods.

Harbour Asset Management's Shane Solly explains what this means for the New Zealand economy.

LISTEN ABOVE

US President Donald Trump has signalled an incoming announcement of 25 percent tariffs on all steel and aluminium imports into the US.&nbsp;
Trump also reaffirmed that he would announce 'reciprocal tariffs', meaning the US would impose import duties on on products in cases where another country has levied duties on US goods.
Harbour Asset Management's Shane Solly explains what this means for the New Zealand economy.
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

Shane Solly: Harbour Asset Management spokesperson on the possibility of more Trump tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/38d5a9e5-58dc-40b8-bd32-b2800077ec39/transcript