Skellerup, Rakon and Mainfreight: analysts digest cost of US tariffs

Skellerup, Rakon and Mainfreight: analysts digest cost of US tariffs
Rubber manufacturer Skellerup started preparing for US tariffs in 2024. (Graphic: NZME)
Rebecca Stevenson
An analyst is warning listed rubber manufacturer Skellerup’s cost of sales to the US could rise by more than 25% because of President Donald Trump’s new tariffs. Forsyth Barr said in a research note on Monday that gumboot maker Skellerup would be hit by the latest round of tariffs due to manufacturing products in China and Vietnam. The US is levying a 54% total tariff on goods from China and 46% on Vietnam imports, while New Zealand imports will attract a 10% tariff. The analysts said Skellerup’s US tariff bill...

More Markets

NZ stocks end firm after Sky, Vulcan, annual meetings
Markets Market Close

NZ stocks end firm after Sky, Vulcan, annual meetings

There were 84 rises and 54 falls on the main board.

Jamie Gray 31 Oct 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
SkyCity faces Adelaide reckoning by year-end
Markets

SkyCity faces Adelaide reckoning by year-end

Casino operator releases details about regulatory situation in Adelaide.

Dileepa Fonseka 31 Oct 2025