Primary sector exporters working out what US tariffs mean for them

Primary sector exporters working out what US tariffs mean for them
NZ’s beef exports to the United States last year were worth $1.8 billion, with 183,000 tonnes of product. (Image: Getty)
Riley Kennedy
New Zealand’s primary sector exporters are taking time to work out what the United States’ new tariff regime means for them.NZ has been hit with a 10% tariff, which will take effect on April 5.This country exported just over $9 billion of goods to the US in the year to Dec 31, up 9.0% on the year. It imported just over $8b, up 2.0%.With China’s recent weakness, the United States became NZ’s largest market for red meat exports last year, largely driven by beef.‘Highly responsive’NZ’s red meat exports to...

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