Donald Trump’s first 100 days back in office have just cost New Zealand $900 million — and this is only the beginning.

Trump’s new 10% “reciprocal tariff” on NZ exports has blindsided Kiwi businesses and sparked fears of a deeper New Zealand export crisis. In this urgent breakdown, we’re joined by ASB Chief Economist Nick Tuffley to unpack the political decisions, global market reactions, and the future of New Zealand’s economy in 2025.

This isn’t theoretical — it’s happening now. From dairy and agriculture, to logistics, tech, and manufacturing, Trump’s trade war is hitting every sector that keeps NZ’s economy alive.

🔍 In this episode, we cover:
Why Trump is targeting New Zealand exports
How the 10% tariff could crush Kiwi trade

NZ government’s refusal to retaliate: strong leadership or strategic mistake?

Will this spark a 2025 recession in New Zealand?

The NZ budget cuts, rising unemployment, and household impact

What lower interest rates and inflation mean for the recovery

NZ housing market update — is the worst over or just starting?

Real insights from ASB on GDP forecasts, global risk, and trade exposure

Will Kiwi exporters survive a Trump-led trade war?

This is New Zealand vs Trump, and the stakes are real.

Learn more: https://mhq.co.nz/property-investment/trump-just-cost-nz-900-million-and-hes-only-100-days-in/