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New Zealand has 'complementary' trade ties with the U.S., finance minister says, as Trump tariff threat looms

10 February 2025
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New Zealand has 'complementary' trade ties with the U.S., finance minister says, as Trump tariff threat looms
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Despite global tariff threats from U.S. President Donald Trump, New Zealand remains optimistic about its trade relationship with the United States, citing a balanced and complementary trade dynamic. The country exported NZ$14.6 billion in goods and services to the U.S., making it New Zealand’s second-largest export market, with a trade balance of NZ$3.5 billion. Finance Minister Nicola Willis highlighted the importance of the strategic relationship between the two nations, emphasizing the role of the “Five Eyes” intelligence alliance and the potential impact of a lower New Zealand dollar on exports if tariffs are implemented.

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Tags: 039complementary039Asia EconomyBreaking News: Politicsbusiness newsCurrency marketsDonald TrumpfinanceForeign policyInternational tradeLoomsMinisterNew ZealandPoliticstariffThreatTiestradeTrumpU.SUnited StatesZealand
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