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26 Dec 2025 9:58
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      Home > News > Business

    The Prime Minister describes tariffs as the toughest part of 2025

    The Prime Minister describes tariffs as the toughest part of 2025


    The US President unveiled wide-reaching levies on many countries in April, including New Zealand.

    In November, the United States dropped tariffs on about 25 percent of our US exports - covering beef and a variety of fruits and veges.

    Chris Luxon promises an economic recovery is taking shape, but says Donald Trump's tariff rollout was a major setback.

    He says it caused huge uncertainty for investors and consumers alike.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     26 Dec: Retailers have their last push of the year - as Kiwis hit the shops for Boxing Day sales
     25 Dec: Praise for the strategic vision - of a proposal to merge fuel companies NPD and Gull
     25 Dec: Whitney Hansen will mix business with relaxation over the Christmas break
     25 Dec: US and Ukraine reach consensus on key issues to end war with Russia but territorial disputes remain
     24 Dec: Disappointment for retailers this Christmas Eve - as shoppers appear to be feeling the pinch
     24 Dec: Purse strings appear to be tight this Christmas Eve - as last minute-shoppers hit the stores
     Top Stories

    RUGBY RUGBY
    Crusaders coach Rob Penney's revealed what's on his 'Dear Santa' wish list as he plots their Super Rugby title defence in 2026 More...

    BUSINESS BUSINESS
    Some good news on the horizon for cattle and sheep farmers More...


     Today's News

    		 Boxing:
    Scott Boland's hopeful the collective effort of the Australian bowling group can continue in the Ashes Boxing Day cricket test at the MCG 9:57

     Entertainment:
    Brad Pitt spent his 62nd birthday with his girlfriend Ines de Ramon, who he is "more in love than ever" with 9:50

     Business:
    Some good news on the horizon for cattle and sheep farmers 9:27

     Entertainment:
    Erika Jayne claims her estranged husband Tom Girardi is yet to divorce her because he is "incompetent" 9:20

     Entertainment:
    Idris Elba is "honoured" to have a Madame Tussauds waxwork 8:50

     Entertainment:
    Pete Davidson and his girlfriend Elsie Hewitt have welcomed a baby girl into the world 8:20

     Law and Order:
    Turkish counter-terrorism police have detained more than than 100 suspected members of the Islamic State group, allegedly planning Christmas and New Year's attacks 8:16

     Environment:
    More than 2100 people have reported being rattled by a magnitude 4.7 earthquake in the lower North Island, about quarter past 7 8:07

     Entertainment:
    Justin Bieber surprised his fans by covering Eminem's big hit Forgot About Dre on a recent Twitch livestream 7:50

     Boxing:
    Australia will wait until the toss at midday to confirm the final spots in their playing 11 for the Boxing Day cricket test against England 7:47

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