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Concern for businesses with continuing tariff chaos

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Thu, 10 Apr 2025, 9:11am
Photo / File
Photo / File

Concern for businesses with continuing tariff chaos

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Thu, 10 Apr 2025, 9:11am

Donald Trump's turning up the heat on China but throwing a tariff lifeline to most others. 

He's authorised a 90-day pause which will see tariffs dropped to 10% for many countries.  

However, China's rate has been increased from 104% to 125%. 

Eric Crampton —Chief Economist at New Zealand Initiative— told Mike Hosking it's a rapidly changing situation. 

He says it’s really hard for any business to plan in this kind of environment – the chaos is just going to continue. 

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