Alex Durante: Federal Tax Economist on Donald Trump's tariffs, the trade war
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
Donald Trump's latest tariff deadline is rapidly approaching.
The US President has reached 11 deals and agreed to pause tariff increases for Mexico, ahead of his deadline of 4pm today.
He's indicated he'll raise the baseline tariff faced by most countries, including New Zealand.
Federal Tax Economist Alex Durante told Ryan Bridge that overall, consumers and businesses should be bracing for higher tariffs and higher prices going forward.
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