Politics8/1/2025•Bloomberg

New Zealand to Seek Review of 15% Tariff on Exports to US

New Zealand will seek a review of the 15% tariff imposed by the United States on its exports, according to Trade Minister Todd McClay. The tariff, introduced by President Donald Trump, has impacted New Zealand's trade with the US. McClay stated that New Zealand will push for a reduction in the tariff rate, as it aims to maintain a strong economic relationship with the US. The move comes as part of New Zealand's efforts to address the trade barriers and ensure fair access to the US market for its exports. The government will work closely with the US administration to find a resolution to the tariff issue, which has affected various sectors of the New Zealand economy.

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