US tariff move could hit New Zealand exports - News Summed Up

US tariff move could hit New Zealand exports


US tariff move could hit New Zealand exportsNew Zealand metal producers are closely watching the United States' moves to introduce new import tariffs. New Zealand manufactures both steel (Glenbrook) and aluminium (NZAS, Tiwai). The aluminium smelter near Bluff is a major part of the Southland economy as well as being the largest user of electricity in New Zealand. Stephen Jacobi, executive director of the New Zealand International Business Forum, said New Zealand producers could also face increased competition in other markets if producers shut out of the US looked for other places to sell their goods. If they introduced their own new trade tariffs on other imports, that could affect New Zealand more seriously.


Source: Stuff March 05, 2018 22:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */