Welcome to Auckland University of Technology’s (AUT) Research Matters! 🚀 AUT’s Research Matters video series is where AUT academics answer everyday questions about their fields of expertise. Get the answer to those questions you’ve always had – or maybe never knew to ask. Tariffs are back in the headlines - but what are they, and why do they matter? 🌍 With the US imposing tariffs on countries around the world, are New Zealanders protected by distance, or are still exposed to the global economic fallout? From higher prices for consumers to pressure on exporters, we cut through the noise to explain what tariffs are, and what they really do. AUT Adjunct Professor Niven Winchester is here with the answers. Chapters 00:00 Introduction 00:25 What are tariffs and why do they matter? 00:51 Why is there so much attention on the USA’s decision to put tariffs on different countries? 01:22 NZ is so far away from the rest of the world – are we protected from the potential pain of tariffs? 02:06 Can you give an example of what might change for consumers when a country has tariffs put on it? 03:10 Have tariffs been used historically and, if so, to what effect? 03:47 How do you predict how the new US tariffs will impact different countries? 04:09 What’s a trade war and is it happening? 04:42 Aren’t tariffs punishing consumers rather than ‘countries’? 05:30 Should New Zealand introduce tariffs to protect our economy? 05:51 Does NZ have its own tariffs? 06:08 How will the recent US tariff of 15% on NZ exporters affect the NZ economy? 07:01 Can’t NZ just look to other markets to sell our products? 07:29 Do you think the tariffs are here to stay? 📰Read some of Niven’s articles in The Conversation: https://theconversation.com/nz/search?q=Niven+Winchester 🎓 Find out more about AUT Adjunct Professor Niven Winchester: https://academics.aut.ac.nz/niven.winchester 💼 Interested in studying at AUT Business School? https://www.aut.ac.nz/study/study-options/business

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