Stock markets across the US have taken a significant hit over concerns about the negative economic impact of President Donald Trump's tariffs.

After the President refused to rule out a recession, the S&P 500 dropped 2.7 percent, the Nasdaq fell 4 percent and the Dow Jones Industrial Average dropped 2 percent.

Infometrics Principal Economist Brad Olsen says US markets have a right to be worried following Trump's comments.

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Following a surge in the second half of 2024, the golden run for New Zealand farmgate beef pricing has continued in the early part of 2025.

Returns are also expected to stay strong throughout the rest of the year- as US demand for Kiwi beef is expected to stay elevated.

The Country's Jamie Mackay explains further.

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The Prime Minister's taking one of the largest ministerial delegations to India.

Christopher Luxon is heading to New Delhi and Mumbai on Saturday with a contingent of ministers and business leaders.

Prioritising a deal with the fast-growing economic giant was a coalition condition with NZ First.

India Business Delegation Lead Dame Therese Walsh told Mike Hosking businesses have a lot to learn about India.

She says it's a good chance to get in front of heads of industry and make ourselves visible, ensuring we really understand the opportunities that exist for New Zealand.

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