President Donald Trump has today confirmed a roll-out of 10 percent tariffs on almost all imports to the US.

They're much higher for some countries and products - including 25 percent on vehicles, 34 percent on China, and nearly 50 percent on some other countries.

Republican strategist Jeanette Hoffman says domestically, Trump is taking a major political risk.

"If prices go up, we hit a recession - that will be bad news. Frankly, he was elected because of inflation." 

LISTEN ABOVE

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

President Donald Trump has today confirmed a roll-out of 10 percent tariffs on almost all imports to the US.
They're much higher for some countries and products - including 25 percent on vehicles, 34 percent on China, and nearly 50 percent on some other countries.
Republican strategist Jeanette Hoffman says domestically, Trump is taking a major political risk.
"If prices go up, we hit a recession - that will be bad news. Frankly, he was elected because of inflation."&nbsp;
LISTEN ABOVE
The podcasts in the&nbsp;SME&nbsp;Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

Looking for actionable business insights all in one place? 

We're here to help you find a way with a curation of the ‘best bits’ from top business podcasts. 

Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today. 

 

Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
&nbsp;