Economic Weekly: Trump levies GST on NZ
- The US Administration settled on a baseline 10% tariff for countries running trade deficits with the US and at least 15% for countries running surpluses
- NZ is being hit by a GST-sized rate, which puts us at a slight disadvantage to Australia
- But, as Canada’s position shows, it could have been worse: punching back at the US only seems to work if you have some rare metals tucked in your boxing gloves
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Mark Smith
Senior Economist
Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.
His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.
Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.
Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.
When not at work Mark likes to travel, keep fit and spend time with his friends and family.
- Email: Mark