¾ÅÒ»ÐÇ¿ÕÎÞÏÞ

ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Up next
ZB

Trade Minister working through 'confusion' following new Trump tariffs

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Thu, 3 Apr 2025, 6:06pm
Photo / Getty
Photo / Getty

Trade Minister working through 'confusion' following new Trump tariffs

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Thu, 3 Apr 2025, 6:06pm

The Government's questioning the numbers the US is using to justify new tariffs.

The Trump administration claims it is imposing a 10 percent tariff on our goods, in response to New Zealand's 20 percent tariff on US goods.

But Trade Minister Todd McClay says our tariffs average under 2 percent, with the highest about 5 percent.

"It looks like they've used a different type of calculation as to balance of trade as opposed to tariff rate for some reason."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you