Trump’s tariffs create uncertainty for NZ wine exporters

Trump’s tariffs create uncertainty for NZ wine exporters
Donald Trump raised the possibility of tariffs on agricultural products this week. (Image: Getty)
Riley Kennedy
The threat of tariffs in the United States is creating uncertainty for New Zealand’s wine producers, who are continuing to deal with clogged inventory levels in key markets.Indevin Group’s chief executive, Simon Limmer, believes it may still be a year or so before the market returns to balanced supply and demand.The sector has been under pressure for some time as retailers in key markets try to destock after building inventories during covid-19.That hasn’t been helped by consumers reining in their spending.'The smaller 202...

More Primary Sector

Miraka CEO Karl Gradon resigns
Primary Sector

Miraka CEO Karl Gradon resigns

He's led the business since 2022.

Riley Kennedy 05 Mar 2025
Pāmu to stick with Synlait Milk in the South Island
Primary Sector

Pāmu to stick with Synlait Milk in the South Island

The processor has also kept another significant supplier.

Riley Kennedy 05 Mar 2025
Rolling out the carpet for the battle of Bremworth
Primary Sector

Rolling out the carpet for the battle of Bremworth

Shareholders Association wants both sides to work it out.

Riley Kennedy 04 Mar 2025
Rising farmgate prices buoys Pāmu profit
Primary Sector

Rising farmgate prices buoys Pāmu profit

It expects full-year operating profit to be between $43m and $51m.

Riley Kennedy 03 Mar 2025