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Tech Insider: The NZ tech stars in the gun with Trump’s tariffs – and who could escape

  • President Trump announced a new round of tariffs on April 2, 2025, at a White House event called "Make America Wealthy Again".
  • Trump's administration aims to reduce the trade imbalance, which reached a record high of $131 billion in January.
  • The tariffs include a 25% levy on vehicles and a 10% global tariff, impacting goods from dozens of countries.
  • CBP reported collecting over $200 million daily due to the new tariffs; a CBP spokesperson stated, "CBP is uniquely positioned to implement and enforce the Presidents tariffs."
  • Beginning April 9, 86 countries face new reciprocal tariffs; China and Hong Kong will face new postal shipment duties in May.
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Fox Business broke the news in United States on Sunday, April 6, 2025.
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