The UK Government is stepping in to make things a little easier for car manufactures following Trump's latest tariff update.

A ban on producing new petrol and diesel cars is set to come into effect in 2030 - but Transport Secretary Heidi Alexander confirmed regulations would be relaxed ahead of the deadline.

UK correspondent Gavin Grey says Donald Trump's 25 percent levy on cars imported to the US will likely have a negative impact - but Prime Minister Starmer will try to make a deal with Trump on trade.

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The NZX50 index had fallen around 3.7 percent at the close of market today as Donald Trump's tariffs continue to reverberate globally.

It hasn't had a fall of this magnitude since the pandemic.

Harbour Asset Management's Shane Solly unpacks the economic fallout.

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Tonight on The Huddle, Trish Sherson from Sherson Willis PR and Child Fund CEO Josie Pagani joined in on a discussion about the following issues of the day - and more!

The Government has unveiled their new Defence Capability Plan - designed to inject an extra $12 billion into the Defence Force to boost jobs and equipment over the next four years. Do we agree with this move?

The Sensible Sentencing Trust has got a new billboard campaign out, calling to defund the police on behalf of the Greens. Should the Greens be upset about this?

The New Zealand stock market has taken the biggest significant hit since the pandemic - what do we make of the fallout? Do we see things improving?

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There is relief among New Zealand's wood exporters - who've escaped the import tariffs set by the US.

Imports of timber and lumbar products into the US have dodged tariffs, as confirmed by President Donald Trump,

The United States was New Zealand's third largest market for timber exports, after China and Australia.

Wood Processors & Manufacturers Association of NZ CEO Mark Ross says this doesn't come as a surprise - given how much America relies on timber for construction.

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The Finance Minister has been getting updates about the financial fallout from the latest batch of Trump tariffs.

New Zealand goods have been hit with a 10 percent tariff, as part of President Trump's trade plan.

Nicola Willis warns these changes will come with 'profound' economic implications for New Zealand.

"We will finalise our economic forecasts, which feed into the Budget - in the next few days, I expect to be briefed on them soon. Of course, the major effect is the estimate that global growth is going to be lower than had been predicted."

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Auckland FC says a fan was involved in an assault that left a man hospitalised.

Police are considering charges against a 46-year-old man after the attack at Saturday's match against Western Sydney Wanderers.

Eight people were evicted from Mount Smart Stadium and two were arrested - and a visiting Wanderers fan needed facial surgery.

Auckland FC CEO Nick Becker says the accused man doesn't represent the club.

"We've got a great set of hardcore fans - known as the Port - who I think do everyone in Auckland proud. And it's certainly not one of them, it's not someone they would associate with and it's definitely no someone we want involved."

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The NZX50 index had fallen about 3.7 percent at the close of market today - as Donald Trump's tariffs continue to reverberate globally.

It hasn't had a fall of this magnitude since the pandemic.

Sharesies Co-CEO Brooke Roberts says it's hard to say how long markets will keep rattling around.

"Look, it's unprecedented times in terms of the shock that has happened to the markets at the moment based off the back of the tariffs - and the ripple effect that's happening to economies."

BusinessDesk reports Trade Minister Todd McClay says the NZ Embassy in Washington will raise concerns over tariffs to the US trade representative.

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