Top

Todd McClay: Trade Minister on the new tariffs coming out of the US

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. LISTEN ABOVE

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.

LISTEN ABOVE.