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US rolls back tariffs on NZ food exports, but Wellington pushes for full removal

Summarised by Centrist

New Zealand has welcomed a partial rollback of US tariffs after President Donald Trump removed duties on more than 200 food products, including beef, offal and kiwifruit. 

The move comes amid American concerns about rising grocery prices and affects roughly a quarter of New Zealand’s exports to the United States, worth about NZ$2.2 billion a year.

Trade Minister Todd McClay said the decision is “a step in the right direction” for exporters who have spent months dealing with higher costs and uncertainty. Beef and horticulture producers are expected to benefit immediately.

But McClay said the relief is only partial. A wider set of “reciprocal” tariffs remains in place, continuing to add risk and complexity for New Zealand businesses. He said he will keep pressing Washington to remove the remaining duties, arguing the trading relationship is already balanced and that ongoing tariffs serve neither country’s long-term economic interests.

Wellington’s message is that predictable access to the US market, not piecemeal tariff shifts, is essential for exporters planning ahead in an increasingly volatile global trading environment.

Read more over at Yahoo

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