US EditionLuxon says 'tariffs not the way to go' as Trump slaps 10% tariff on NZ
- President Trump's announcement on Wednesday imposed a 10% tariff on New Zealand goods to the US.
- Trump announced reciprocal tariffs because he claimed New Zealand imposed a 20% tariff on US goods.
- Trade Minister McClay seeks clarification, confirming New Zealand does not have a 20% tariff rate.
- McClay stated, "I've asked officials to clarify, but we don't have a 20% tariff," after Trump's announcement.
- The new tariffs may cost New Zealand exporters $900 million, but New Zealand will not retaliate.
7 Articles
7 Articles
US tariffs: New Zealand cries out over Trump’s action, vows not to retaliate
New Zealand has been puzzled by the United States’ announcement of a new 10% baseline tariff on all imported goods into the US. This was part of President Donald Trump’s sweeping worldwide tariffs announcement on Wednesday. New Zealand said the Trump administration’s claim that it imposed a 20% tariff rate on US goods does not add up. According to New Zealand’s trade minister, Todd McClay, roughly 75% of goods from the US into his country have l…
NZ won't launch reciprocal tariffs against US: Luxon
Prime Minister Christopher Luxon. Photo: RNZ By Jo Moir and Lillian Hanly of RNZ Prime Minister Christopher Luxon says New Zealand is "relatively well positioned" to weather Donald Trump's new sweeping global tariffs, because it's been hit with the "baseline tariff" by the US whereas other countries had received "much higher".
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