New Zealand isn't likely to get a better deal than we're currently getting, when it comes to trade with the US. 

Almost all goods to the US now face a 10% base tariff rate. 

Donald Trump's announced a 25% tariff rate for Japan and South Korea from the start of next month and may also raise tariffs on other trading partners. 

Business NZ Advocacy Manager Catherine Beard told Heather du Plessis-Allan New Zealand probably can't negotiate a tariff rate below the 10% rate we're facing. 

She says if that's the best rate going, it's probably not worth New Zealand trying to get into a "David and Goliath" battle with the US. 

LISTEN ABOVE 

New Zealand isn't likely to get a better deal than we're currently getting, when it comes to trade with the US.&nbsp;
Almost all goods to the US now face a 10% base tariff rate.&nbsp;
Donald Trump's announced a 25% tariff rate for Japan and South Korea from the start of next month and may also raise tariffs on other trading partners.&nbsp;
Business NZ Advocacy Manager Catherine Beard told Heather du Plessis-Allan New Zealand probably can't negotiate a tariff rate below the 10% rate we're facing.&nbsp;
She says if that's the best rate going, it's probably not worth New Zealand trying to get into a "David and Goliath" battle with the US.&nbsp;
LISTEN ABOVE&nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Catherine Beard: Business NZ Advocacy Manager on the tariffs on US trade

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4c6244ba-da6b-42f5-bc0d-b31301595735/transcript