NZ goods to face 10% tariff to access US market

US President Donald Trump. (Image: Getty)

Thu, 03 Apr 2025

The New Zealand dollar was largely steady after US president Donald Trump announced reciprocal tariffs, including a baseline minimal tariff of 10% on all countries. The NZD was trading at 57.33 US cents at 9:50am in Wellington versus 57.40 US cents just prior to the announcements. “Foreign nations will finally be asked to pay for access to our market,” Trump said. Trump detailed his tariff plans, which included a 34% tariff on China and a 20% tariff on the European Union.'Unfair'He also said all countries woul...

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