US-China relations determine NZ’s economic fortunes

Because of Trump's tariffs, many companies are looking to the Far East more closely. According to Industry and Chamber of Commerce Day, however, the view of the USA has reached a low point, and few expect improvement.

US-China relations determine NZ’s economic fortunes

Reading Time: 2 minutes The fortunes of New Zealand’s economy in the coming 18 months are largely contingent on the United States and China resolving their trade differences, says a report by RaboResearch. The report by the specialist rural lender said the US’s imposition of import tariffs is significant, and its effect on economic growth in China is likely to be substantial. Should Chinese government policies to grow domestic consumption be suc…