Articles tagged with Us Trade Representative
Minister McClay Addresses US Tariffs: Impact on Kiwi Exporters & Strategies for Strengthening Trade
1 month ago | 224 viewsMinister Todd McClay met with US Trade Representative Jamieson Greer and Secretary of Agriculture Brooke Rollins in Washington to address New Zealand's concerns about US tariffs disadvantaging Kiwi exporters compared to other countries. Ambassador Greer acknowledged New Zealand's low tariffs on US goods and explained the recent 5 per cent tariff increase in relation to trade surplus, setting a new minimum tariff rate of 15 per cent for surplus countries. Discussions also included product-specific trade investigations and plans for trade officials to meet to assess tariff impacts and enhance exporter certainty, with future meetings scheduled during ASEAN Trade Ministers' Meeting and APEC Leaders' Summit to strengthen trade relations and combat harmful trade practices affecting dairy industries in both countries.
Tags: Agriculture Trade Investment Minister Todd McClay US Trade Representative Jamieson Greer Secretary of Agriculture Brooke Rollins New Zealand tariffs Kiwi exporters steel aluminiumNew Zealand Faces Tariff Increase on US Exports: Implications and Response
1 month ago | 559 viewsThe United States will increase tariffs on New Zealand exports from 10% to 15% starting August 7, aligning New Zealand with other US trading partners like Japan and South Korea based on trade deficits. Despite New Zealand's modest surplus of around US$500 million with the US, the overall trade relationship is balanced and complementary. Trade and Investment Minister Todd McClay is urgently seeking to discuss the tariff increase with the US Trade Representative to mitigate its impact on exporters and consumers and maintain the strength of the trading relationship.
Tags: United States New Zealand Todd McClay tariffs trade deficits trade relationship US Trade Representative exporters consumers open trade