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Peter Lewis: Asia business correspondent on Asia bracing for US import tariffs after Trump victory

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Manage episode 449032267 series 2098282
Kandungan disediakan oleh NZME and Newstalk ZB. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NZME and Newstalk ZB atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Asia is bracing for tariffs from Donald Trump’s election victory.

The President-elect is proposing adding up to 20 percent on import tariffs, but is also vowing to impose 60 percent on Chinese imports.

But Asia business correspondent Peter Lewis told Heather du Plessis-Allan Asia has been preparing for this for a couple of years now.

He says some economists reckon this could knock 2.5 percentage points off of China’s GDP, and Japan and South Korea could also get dragged into the crosshairs.

Lewis says there's also a lot of questions around security - as Trump calls for countries to pay more for Taiwan's defence.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7881 episod

Artwork
iconKongsi
 
Manage episode 449032267 series 2098282
Kandungan disediakan oleh NZME and Newstalk ZB. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NZME and Newstalk ZB atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Asia is bracing for tariffs from Donald Trump’s election victory.

The President-elect is proposing adding up to 20 percent on import tariffs, but is also vowing to impose 60 percent on Chinese imports.

But Asia business correspondent Peter Lewis told Heather du Plessis-Allan Asia has been preparing for this for a couple of years now.

He says some economists reckon this could knock 2.5 percentage points off of China’s GDP, and Japan and South Korea could also get dragged into the crosshairs.

Lewis says there's also a lot of questions around security - as Trump calls for countries to pay more for Taiwan's defence.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7881 episod

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