NZ's 15% reminder power writes the rules

The US has announced a new reciprocal tariff for New Zealand. (Image: Getty)

Mon, 04 Aug 2025

“We were not blindsided,” Trade Minister Todd McClay said, after the United States announced a new reciprocal tariff for New Zealand.Well, even if we weren’t blindsided, we were still hit, with NZ’s tariff sitting at 15% compared to the 10% tariff Australia faces.The NZX was 0.74% down on Friday, Fisher & Paykel Healthcare shares were down 2.17% to $36, owing to their focus on the US market.NZ's largest export market for red meat and wine is the US, and NZ International Business Forum executive director Felicity...

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