Economist Nouriel Roubini says 'tech trumps tariffs' and US economy will come out on top

Economist Nouriel Roubini says 'tech trumps tariffs' and US economy will come out on top
Nouriel Roubini says tech domination is more important than tariffs for US long-term growth. (Image: Dileepa Fonseka/BusinessDesk)
Dileepa Fonseka
As the global geopolitics-focused Raisina Dialogue drew to a close in New Delhi, India, last week, economist Nouriel Roubini delivered a reality check to his audience: even with tariffs, the United States would likely still come out on top. Roubini summed up the basis for his assertion in one quip: “Tech trumps tariffs”. In the leadup to the financial crisis, Roubini was termed “Doctor Doom” for his predictions of economic doom and, in 2023, said the markets could be headed for a “mega threatene...

More Politics

India eyes 'early conclusion' to NZ-India FTA
Politics

India eyes 'early conclusion' to NZ-India FTA

The Indian Government says it is close to striking an FTA with NZ.

Dileepa Fonseka 05 Nov 2025
Less than 10% of Provincial Growth Fund loans repaid
Primary Sector

Less than 10% of Provincial Growth Fund loans repaid

Of nearly $366m paid out in loans, just over $34m has been repaid.

Michael Neilson 04 Nov 2025
US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Willis considered downgrading RBNZ governor status
News in Brief

Willis considered downgrading RBNZ governor status

Newly released Government documents show Finance Minister Nicola Willis sought urgent advice from Treasury on improving oversight of the Reserve Bank of NZ (RBNZ), following Adrian Orr’s messy resignation as governor in March.Treasury, which had been appalled by the bank’s reques...

Staff reporters 21 Oct 2025