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Todd McClay: Trade Minister on the new tariffs coming out of the US
Published 1 year, 2 months ago
Description
Our Government is asking the US for more details on its new import rules for New Zealand.
Donald Trump's announced 10% tariffs on almost all goods entering the country from around the world – including New Zealand.
Many countries face much higher tariffs, with goods from China being hit by a combined 54% levy.
Trade Minister Todd McClay has confirmed officials are still seeking information.
He told Kerre Woodham that while a trade war isn’t ideal, New Zealand has a very diverse trade strategy, with agreements with most parts of the world.
He says that trade will adapt, and exporters will have other opportunities.
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