Greg Smith of Devon Funds Management on tariff backtracking, consumer confidence waning, and New Zealand's manufacturing sector

The Trump administration has announced it will exclude electronics like smartphones and laptops from his 125 percent reciprocal tariffs on China 

It means American's may be spared a price hike on electronics that aren't usually made in the United States. 

Processors and chips are included in the exemption. 

Devon Funds Management's Greg Smith joins the show to discuss the decision. 

LISTEN ABOVE. 

See omnystudio.com/listener for privacy information.