Trade and Agriculture Minister Todd McClay emphasizes New Zealand’s commitment to free trade amidst the announcement of a 10% tariff on goods entering the United States. Despite the potential impact on consumers, McClay asserts that New Zealand remains competitive in the U.S. market and will continue to pursue new trade opportunities while advocating for a rules-based trading system. He highlights the importance of understanding the consequences of tariffs on the global economy and plans to engage with the U.S. Administration and exporters to assess the implications of the tariff.
Full Article