A former Finance Minister says New Zealand faces uncharted territory - as the world grapples with Donald Trump's tariffs. 

New Zealand, Australian and Asian markets tumbled yesterday, but regained some ground today.

Current Minister Nicola Willis is warning the tariffs and world events will impact the Government books. 

Steven Joyce says given the daily uncertainty which will slow investment - no one can predict what will happen.  

"I don't think Donald Trump knows, to be blunt - I don't think he knows quite where it lands and he's making it up every day as he goes along. And I think that's one of the problems." 

LISTEN ABOVE

A former Finance Minister says New Zealand faces uncharted territory - as the world grapples with Donald Trump's tariffs.&nbsp;
New Zealand, Australian and Asian markets tumbled yesterday, but regained some ground today.
Current Minister Nicola Willis is warning the tariffs and world events will impact the Government books.&nbsp;
Steven Joyce says given the daily uncertainty which will slow investment - no one can predict what will happen. &nbsp;
"I don't think Donald Trump knows, to be blunt - I don't think he knows quite where it lands and he's making it up every day as he goes along. And I think that's one of the problems."&nbsp;
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

Steven Joyce: former Finance Minister on the financial 'uncertainty' that comes with Donald Trump's tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dc0d56e2-955a-45fa-b814-b2b90061c5d0/transcript