US tariffs will ‘squeeze, not choke, growth’

US tariffs will ‘squeeze, not choke, growth’
US President Donald Trump. (Image: Getty)
Rebecca Howard
US tariffs will “squeeze, not choke, growth,” said S&P Ratings in its latest Asia-Pacific economic outlook.“Asia-Pacific economies will feel the strain of rising US tariffs specifically and a pushback on globalization more generally. However, we see domestic demand momentum broadly holding up, especially in the region's emerging-market economies,” S&P's chief economist for Asia-Pacific, Louis Kuijs, said.Kuijs expects several Asia-Pacific economies to face direct US tariffs, given the US plan to raise tar...

More Economy

Manawa deal sparks talk about Infratil's plans
Economy

Manawa deal sparks talk about Infratil's plans

Analysts expect a sale of its WLG Airport stake. Former executives aren't convinced.

Gregor Thompson 12 May 2025
Why this Australian investor likes NZ-listed companies
Economy

Why this Australian investor likes NZ-listed companies

Fund manager believes in NZ's economic recovery, and is putting money behind it.

Westpac adds another rate cut to its forecasts
Economy

Westpac adds another rate cut to its forecasts

Westpac Bank now expects the official cash rate (OCR) to trough at 3% and has pushed back the timing of its forecast tightening cycle.“Downside risks from global growth suggest the RBNZ [Reserve Bank of New Zealand] may continue easing beyond May,” chief economist Kelly Eckhold s...

Rebecca Howard 09 May 2025
Rams Logistics owed $3.2m to IRD
Economy

Rams Logistics owed $3.2m to IRD

About 50 employees are owed approximately $760,000, the liquidators said.

Gregor Thompson 08 May 2025