Episode Details
Back to Episodes
Nick Mowbray: Zuru Toys co-founder on US businesses holding off on purchases as a result of Trump's tariffs
Published 1 year, 2 months ago
Description
Kiwi toy entrepreneur Nick Mowbray says businesses in the US are pressing pause on major purchasing decisions.
There's ongoing uncertainty about Donald Trump's tariff plan.
The US President says he might temporarily lower tariffs on the auto industry following temporary reductions for Chinese electronics and goods from most other countries.
Zuru Toys co-founder Nick Mowbray told Mike Hosking manufacturers and retailers are in a holding pattern, waiting to see how things pan out.
He says it would be hard to say they're not worried, but they're just trying to deal with the situation as it unfolds daily.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.