increase font size
Trade and Agriculture Minister Todd McClay.
Trade and Agriculture Minister Todd McClay says New Zealand's trade interests are best served in a world where trade flows freely.
His comments follow the announcement from US President Donald Trump that New Zealand would face a 10% tariff on goods entering the United States.
"While this is a significant development, New Zealand remains competitive against other exporters in the U.S. market," McClay says.
He says tariffs have consequences for the global economy, impacting inflation, demand, currency stability, and economic growth.
"While these tariffs create additional costs that will largely be passed on to consumers, New Zealand is in a stronger position than many other countries, some who are facing higher tariff barriers," McClay says. "This reinforces the importance of our work to create new trade opportunities and reduce barriers for our exporters in the EU, UK, UAE, GCC and most recently India."
McClay says New Zealand's bilateral relationship with the United States is still strong.
"We will be talking with the Administration to get more information, and our exporters to better understand the impact this announcement will have," he adds.
"We will continue to advocate for a rules-based trading system."
Supply chain problems, growing protectionism and a move to greater food security are some of the key challenges facing New Zealand exporters, according to our top trade negotiator, Vangelis Vitalis.
PM Chris Luxon can't seem to buy a trick when it comes to the polls, particularly for his own approval rating as preferred Prime Minister.
The country's second largest milk processor is warning against 'complacency' during a review of competition regulations in the dairy sector.
Agriculture Minister Todd McClay has admitted that a scheme bringing workers from Pacific nations to work on orchards has become too hard to navigate but says changes are coming.
A pause on Waikato Regional Council's (WRC) plan change that sets new freshwater rules for farming could be announced in the coming weeks.
OPINION: The time has come for the Government to back the organic sector.
Plan ahead and be patient. That’s the message to farmers and horticulturalists from the chairman of the NZ Agricultural Aviation Association, Kent Weir.
The industry is crying out for graduates with agricultural related degrees.
While GPS and guidance have become the norm and yield mapping and variable application continues to gain traction, most agricultural machinery manufacturers continue to expand their technology offerings, amalgamating the vast amounts of data being collected to streamline real-time and ongoing management decisions.
Supply chain problems, growing protectionism and a move to greater food security are some of the key challenges facing New Zealand exporters, according to our top trade negotiator, Vangelis Vitalis.
A spat within the ranks of the New Zealand Deer Farmers Association has resulted in the suspension of outspoken North Canterbury farmer Barry Cuttance.
OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…
