Prime Minister Christopher Luxon addressed tensions with Deputy PM Winston Peters regarding the Government’s trade messaging during an interview with Newstalk ZB. The coalition leaders have disagreed over New Zealand’s response to U.S. President Donald Trump’s tariffs, with Peters criticizing the use of “military language” in trade discussions. In a speech at the East-West Centre in Hawaii, Peters denounced such rhetoric, describing the framing of international trade as a “trade war” as potentially “hysterical and short-sighted.”
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Explainer: Why have New Zealand butter prices gone up – and when will that change?
In New Zealand, the rising cost of dairy products, particularly butter, has become a significant concern, with prices nearly doubling in the past 14 months; a 500g block of butter now costs $8.60, up from $4.49 last year. Finance Minister Nicola Willis is engaging with Fonterra's CEO to understand the factors contributing to these escalating prices amidst the country's substantial dairy industry. Want More Context? 🔎
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