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Podcast: The Mike Hosking Breakfast
Episode: Mike's Minute: Tariff backdown is a big win for NZ Inc.
Description: Big win for NZ Inc. and a lesson for everyone who doesn’t understand tariffs. Donald Trump has cut tariffs on beef and the beneficiaries are largely New Zealand, Australia and Brazil. Brazil has had a 50% tariff so they will be thrilled. We are at 15% and it's 10% for Australia. We may not benefit as much but given we are “balling”, as they say anyway, anything that gives us a chance to sell more has got to be welcome. The latest figures show that we have had a fall off in volumes of bee...