United States tariffs: NZ's hit could have been a lot worse

US President Donald Trump announcing the tariffs in the Rose Garden at the White House. (Image: Getty)

Fri, 04 Apr 2025

New Zealand probably got the “best of a bad deal” out of the United States’ new tariff regime, Open Country Dairy’s chief executive says.From Sunday morning, NZ’s primary sector exports will be hit with a 10% tariff.It is, however, a much lower level than in other countries, with China receiving a 34% rate and the European Union receiving 20%.Vietnam will receive a 46% tariff rate.NZ’s primary sector to the US exports totalled $6.5 billion in the year to June 2024, according to the latest Ministry for Primary...

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