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Caption:NZ, Australia, Indonesia and the Philippines should be less at risk of US tariffs, as they generally have low import tariffs, say economists.Photo credit:123RF
US President Donald Trump speaks in the Roosevelt Room of the White House in Washington, DC, on 3 March , 2025.
Someone holding a receipt and typing into a computer.
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. (Photo by TIMOTHY A. CLARY / AFP)
Hydrogen pump
US President Donald Trump speaks in the Roosevelt Room of the White House in Washington, DC, on 3 March , 2025.
Dawn Mk-II Aurora in flight at 82,500 feet
Illustration depicting New Zealand currency
The Microsoft Teams logo is seen in this photo illustration in Warsaw, Poland on 25 January, 2023.
BNZ bank.
The Beehive
Jeremy Clarkson is at the Formula 1 Qatar Airways Grand Prix of Great Britain at the Silverstone Circuit in Towcester, England, on July 6, 2024. (Photo by Jon Hobley | MI News/NurPhoto) (Photo by MI News / NurPhoto via AFP)
SYDNEY, AUSTRALIA - MAY 27: Tolutau Koula of the Blues is tackled by Kalyn Ponga of the Maroons during game one of the 2026 Men’s State of Origin series between New South Wales Blues and Queensland Maroons at Accor Stadium on May 27, 2026 in Sydney, Australia. (Photo by Darrian Traynor/Getty Images)
The photo of Dame Jools Topp is used with permission from the 2013 Pink Ribbon Calendar Girls’ project. Body artist was Sofia Bue.