Australia-Pacific

EU-style tariff 'could be advantageous' in New Zealand, analysis says

Analysis suggests an EU-style tariff could be advantageous for New Zealand businesses. The proposed three-euro levy is intended to level the playing field with low-cost global manufacturers such as Temu.

Shipping containers at a cargo port
Shipping containers at a cargo portPhoto: Bernd von Darl / Pexels
RNZ Business1 h ago

Analysis suggests that a small tariff similar to one used in the European Union could be advantageous for New Zealand businesses. The model under discussion is based on a three-euro levy on low-value online shipments.

The proposal aims to level the playing field for domestic retailers competing with low-cost global platforms such as Temu. Supporters argue such a levy could reduce unfair competition.

Critics, however, say the added cost could be passed on to consumers and that implementation could be complex. Whether New Zealand adopts such a model will remain under debate in the period ahead.

TradeRegulationAustralia-PacificRNZ Business
This article is an AI-curated summary of the original story published by RNZ Business. The illustration is a stock photo by Bernd von Darl from Pexels and is not from the original story.

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