Markets have been losing many of yesterday's historic gains. 

US markets climbed steeply after Donald Trump paused higher tariffs on most countries – locking them at 10%. 

However, they plunged again after the White House confirmed tariffs on Chinese goods are now at 145%. 

Business journalist Peter Lewis told Mike Hosking the up-and-down is likely to continue until investors have certainty about what's happening. 

He says while there is a pause, the tariffs haven’t gone away altogether, and that will lead to a lot of volatility in the market. 

LISTEN ABOVE 

Markets have been losing many of yesterday's historic gains.&nbsp;
US markets climbed steeply after Donald Trump paused higher tariffs on most countries – locking them at 10%.&nbsp;
However, they plunged again after the White House confirmed tariffs on Chinese goods are now at 145%.&nbsp;
Business journalist Peter Lewis told Mike Hosking the up-and-down is likely to continue until investors have certainty about what's happening.&nbsp;
He says while there is a pause, the tariffs haven’t gone away altogether, and that will lead to a lot of volatility in the market.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Peter Lewis: Business Journalist on the volatile state of the stock markets amid tariff uncertainty

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/585726c3-5199-474b-a931-b2bb015cd055/transcript