A rising tide of protectionism could hit NZ dairy sector hard: NZIER

Wed, 22 Feb 2017

By Rebecca Howard Feb. 22 (BusinessDesk) - New Zealand's economy would be hard hit if there is a retreat to protectionism in the global dairy sector, a report from the New Zealand Institute of Economic Research has found. "In the current global trading system, the tide of protectionism is rising. Brexit and the initial trade policy proclamations by Donald Trump both point to a challenging environment for further trade liberalisation, at least in the short term," said NZIER in the report for the Dairy Companies Association of New Zealand....

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