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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
in World
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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