Liberation day or obliteration day...it's mayhem in markets

We’re delving into the aftershock of Trump’s Obliteration, sorry Liberation, Day. Markets are in mayhem with HUGE drops across equities, commodity currencies and interest rates. The so-called reciprocal tariffs were worse than feared, especially for emerging Asia. The focus is now on retaliatory action. And China is already striking back. Things have only just begun. We were joined by Kiwibank Treasurer, Belinda Newman, to help us unpack all the moves in markets. The world as we know it is changing with a hundred years of reducing tariffs, and globalisation now reversing. Hosted by Jarrod Kerr, Mary Jo Vergara and Sabrina Delgado. Follow our economic commentary & insights here:https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.