Exporters jittery about possible US tariffs

Exporters jittery about possible US tariffs
Exporters say high US tariffs on all imports will pose a risk to New Zealand. (Image: Getty)
Rebecca Howard
The spectre of potential tariffs looms large for New Zealand exporters after former US President Donald Trump won a second term in office. “The whole world is waiting to see if the election threat of tariffs on imported items, and particularly imports from China will end up being implemented. It will be bad for global growth and US consumers,” Cameron Bagrie, managing director at Bagrie Economics, said. “The world is fracturing, and populist policies are becoming the new norm. If our goods into the US face material p...

More Markets

Wall Street salivates over a new Trump boom
Markets

Wall Street salivates over a new Trump boom

Wednesday’s epic postelection rally augurs big, lucrative opportunities, investors say.

NZ sharemarket down 0.5%
Markets Market close

NZ sharemarket down 0.5%

The S&P/NZX 50 Index closed at 12,581.38, down 67.79 points or 0.54%.

Graham Skellern 07 Nov 2024
Confirmed: Infratil into MSCI, Spark out
Markets

Confirmed: Infratil into MSCI, Spark out

Infratil has confirmed that it is moving into the Morgan Stanley Capital International (MSCI) All Country World Index, and Spark is being dropped.The move has been signalled for some time and is one of the reasons behind Infratil’s rising share price and Spark’s ongoing decline.I...

Ian Llewellyn 07 Nov 2024
New Zealand business reacts to Trump 2.0
Markets

New Zealand business reacts to Trump 2.0

Mainfreight and THL tell BusinessDesk they aren't concerned.

Gregor Thompson 07 Nov 2024