Business News

NZ households will be slightly worse off if Trump triggers a trade war – new modelling

Written by Niven Winchester, Professor of Economics, Auckland University of Technology

Donald Trump has already made good on his threat to impose an additional 10% tax on Chinese goods, and is due to announce a 25% tariff on all steel and aluminium imports into the United States.

While he has paused proposed 25% tariffs on Canadian and Mexican imports for the time being, a trade war between the US and the rest of the...

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