Donald Trump's latest tariff announcement looks set to hit our meat industry in the back pocket.

Trade Minister Todd McClay is heading to Washington in the coming weeks to argue our case, following Trump's decision to raise tariffs on New Zealand goods.

We'll now face a 15-percent tariff, while Australia and the UK still face a 10-percent rate.

Beef & Lamb Chair Kate Acland says our exporters may have to absorb that five-percent difference.

She says that will equate to about 300-million dollars in extra tariffs a year, if trade levels stay the same.

Donald Trump's latest tariff announcement looks set to hit our meat industry in the back pocket.
Trade Minister Todd McClay is heading to Washington in the coming weeks to argue our case, following Trump's decision to raise tariffs on New Zealand goods.
We'll now face a 15-percent tariff, while Australia and the UK still face a 10-percent rate.
Beef &amp; Lamb Chair Kate Acland says our exporters may have to absorb that five-percent difference.
She says that will equate to about 300-million dollars in extra tariffs a year, if trade levels stay the same.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Kate Acland: Beef & Lamb Chair says Donald Trump's tariffs will damage the meat industry

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b4c85a83-7097-4d63-b827-b32e01404271/transcript