1 week Ago By Bruce Cotterill
THREE KEY FACTS: US President Donald Trump has introduced a wide-ranging tariff regime, causing global economic disruptions . The tariffs aim to address trade imbalances , leading to increased duty on Chinese imports. New Zealand has taken a measured response to potential 10% tariffs on exports to the US.
Having weathered a long recessionary period for the past few years, the last thing we would appear to need is the world economy collapsing under a tariff-inspired trade war. But tariffs , a word many of us had almost forgotten and some have forgotten how to spell, are back and they’ve been creating havoc. In case you missed it, which is highly unlikely, US President Donald Trump has introduced a wide-ranging tariff regime targeted at his nation’s trading partners.
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