Willis dumps on Trump for GDP slump
GDP data came in far weaker than expected in the June quarter, but hopes are for a return to growth in the current quarter.
Finance Minister Nicola Willis.
Jonathan Mitchell
Thu, 18 Sep 2025
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Dealmakers
Finance Minister Nicola Willis says a weaker-than-expected economy last quarter was because local businesses were overly spooked by US President Donald Trump’s tariff uncertainty.
She was responding to today’s Statistics NZ GDP data, which showed the economy contracted by 0.9% in the June
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Jonathan Mitchell
Thu, 18 Sep 2025
Contact the Writer: jmitchell@nbr.co.nz
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Willis dumps on Trump for GDP slump
Economics,
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