Follow the podcast on
President-elect Donald Trump has threatened to hit Mexico, Canada and China with new tariffs as soon as he takes office.
In a post on social media, Trump promised to charge Mexico and Canada an additional 25 percent tariff on all products they send to the US - and an additional 10 percent tariff will be placed on Chinese goods.
Infometrics Principal Economist Brad Olsen says these trade changes come with ramifications for the rest of the world - New Zealand included.
LISTEN ABOVE
- Matt Gaetz withdraws as Donald Trump’s attorney general pick
- Trump appoints Dr Oz to key US health role
- ‘Welcome back’: Triumphant Trump returns to White House to meet Biden
- Trump names Elon Musk to head US 'government efficiency' department
- Who is Susie Wiles - Trump's incoming White House chief of staff?
Take your Radio, Podcasts and Music with you