US President Donald Trump has enforced an extra round of tariffs against China, with a further $200 billion worth of imports to be taxed.

Andrew Kelleher from JMI Wealth says although the markets have weakened including the Dow Jones, it has not as bad as many people were expecting, with the Asian markets taking the brunt.

"There have been a sea of red numbers across China and Europe in relation to the tariffs, and it will most likely get worse."

LISTEN ABOVE AS ANDREW KELLEHER SPEAKS TO LARRY WILLIAMS