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4 Aug 2025 18:37
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  •   Home > News > Business

    Donald Trump's latest tariff announcement looks set to hit our meat industry in the back pocket

    Donald Trump's latest tariff announcement looks set to hit our meat industry in the back pocket


    Trade Minister Todd McClay is heading to Washington in the coming weeks to argue our case, following Trump's decision to raise tariffs on New Zealand goods.

    We'll now face a 15-percent tariff, while Australia and the UK still face a 10-percent rate.

    Beef & Lamb Chair Kate Acland says our exporters may have to absorb that five-percent difference.

    She says that will equate to about 300-million dollars in extra tariffs a year, if trade levels stay the same.

    © 2025 Newstalk ZB, NZCity

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    BUSINESS BUSINESS
    A bad smell from a spoiled 30-million diaper deal - as consumer goods company Zuru takes its former partners to court More...



     Today's News

    Entertainment:
    Catherine Zeta-Jones' make-up artist has revealed the secrets to her gothic glamour look 18:24

    National:
    New Trump tariffs: early modelling shows most economies lose – the US more than many 18:17

    Education:
    The Education Minister says current NCEA students shouldn't let incoming qualification changes put a dampener on their own education 18:07

    Entertainment:
    Pamela Anderson impressed Liam Neeson by bringing homemade sourdough bread and muffins to The Naked Gun set 17:54

    Rugby:
    Track and field has turned into a contact sport at the US Athletics Championships in Oregon 17:27

    Entertainment:
    Lindsay Lohan is going through a "learning process" as she attempts to balance work in Hollywood with raising her young son 17:24

    Law and Order:
    A woman's reappearing in court tomorrow - charged with neglect after a two-year-old was discovered hidden inside a suitcase in a bus luggage-compartment 16:57

    Law and Order:
    A man's been arrested and a vehicle seized after a shooting in Lower Hutt's Stokes Valley - that's left a 39-year-old man critically injured 16:57

    Entertainment:
    Hulk Hogan was "devastated" when he was booed by the crowd during his final WWE appearance before his death 16:54

    International:
    Chile declares three days of mourning after recovery of workers' bodies from El Teniente mine collapse 16:37


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