New Zealand exporters will have to bide their time to discover whether US president-elect Donald Trump will go ahead with proposed trade tariffs, which could affect exports. However, given many Trump policies are strongly positive for United States economic growth, there could be opportunities for investors in some US companies. Mr Trump’s presidential campaign indicated intentions for the US to impose large tariffs on imports from China and Mexico, BusinessNZ chief executive Kirk Hope said. That will be the hope of business in New Zealand," Mr Hope said. He said domestically focused US companies could do very well under Mr Trump, most notably in the financial, energy and biotech sectors.

Source: Otago Daily Times November 10, 2016 17:02 UTC