No sign 10% tariff will increase but uncertainty remains: Mfat

Ongoing uncertainty around tariffs is a concern for New Zealand exporters. (Image: Getty)

Thu, 24 Jul 2025

New Zealand trade officials stated there are no indications the United States will raise the 10% baseline tariffs imposed in April.US President Donald Trump has announced a raft of trade deals ahead of the Aug 1 deadline, including what he dubbed a “historic” deal with Japan on Tuesday night in the US. Trump has also reportedly threatened that the base tariff could go from 10% to 15% or 20% for other nations. Letters to smaller countries, like NZ, are expected to be sent out shortly.“We are in close contact with the...

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