'Step in the Right Direction': US Red Meat Tariff Move Welcomed
The US lifted additional tariffs on New Zealand beef, representing 25% of exports worth NZ$2.21 billion, easing costs after NZ$330 million in extra duties since April.
6 Articles
6 Articles
US Lifts Tariffs on Quarter of New Zealand's Exports, Valued at NZ$2.21 Billion
The New Zealand government stated that the products that would be positively impacted by the tariff removal were almost one-fourth of what New Zealand exported to the US, valued at around NZ$2.21 billion. New Zealand welcomed the United States‘ (US) decision to remove tariffs on a variety of New Zealand agricultural exports, including beef, offal, and kiwi fruit, while also desiring that the US will remove all remaining tariffs imposed on New Ze…
Red meat sector welcomes US beef tariff move
Reading Time: 2 minutes The United States government’s decision to remove its recently imposed tariffs on a range of food products, including New Zealand beef, has been welcomed by the red meat sector. Beef + Lamb New Zealand chair Kate Acland said it appears the US has removed the additional 15% tariff on beef that was imposed across the board on the August 1. “This means that our beef will go back to facing a tariff of less than 1% under our W…
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