US hits New Zealand with a higher 12.5 per cent tariff
The United States has hit New Zealand with a higher 12.5 per cent tariff on its exports. Washington says the move is meant to combat imports made with forced labour, a claim New Zealand has previously rejected.
The US has raised the tariff on New Zealand exports to 12.5 per cent, a marked increase from the previous rate. The Washington administration justified the move as an effort to combat imports made with forced labour.
The New Zealand government has previously and explicitly rejected that claim, arguing no such practice exists in its export sectors. Officials are now assessing the increase's impact on the economy.
The decision is part of a broader wave in which the US imposed new tariffs on dozens of trading partners worldwide on the same day. New Zealand's response is expected to take shape in the coming days.
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