How this NZ firm has given itself breathing room from Trump's tariffs

How this NZ firm has given itself breathing room from Trump's tariffs
Skellerup says it has laid the platform to shift more production to the US. (Image: Skellerup Group)
Rebecca Stevenson
New Zealand Exchange-listed industrial manufacturer Skellerup says a 10% tariff on goods imported from China to the US could cost it about $1.5 million annually. US President Donald Trump has announced a 10% tariff on goods from China and 25% tariffs on Canadian and Mexican imports, which will come into effect this week. On Monday morning, Fisher & Paykel Healthcare’s shares tumbled more than 8% on the news, although the firm said in a market release the tariffs would increase its costs but not hit profit. Analysts have...

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