The impact of the Middle East conflict on our trade is still unclear. 

Thousands of Kiwi containers are stuck in the Strait of Hormuz, with more than $3 billion worth of goods headed for the Gulf each year. 

Trade and Associate Foreign Minister Todd McClay says New Zealand would only look to alternative markets if the conflict drags on. 

He told Mike Hosking it's interesting US stock markets haven’t reacted significantly, which shows they've likely factored something like this in. 

LISTEN ABOVE  

The impact of the Middle East conflict on our trade is still unclear.&nbsp;
Thousands of Kiwi containers are stuck in the Strait of Hormuz, with more than $3 billion worth of goods headed for the Gulf each year.&nbsp;
Trade and Associate Foreign Minister Todd McClay says New Zealand would only look to alternative markets if the conflict drags on.&nbsp;
He told Mike Hosking it's interesting US stock markets haven’t reacted significantly, which shows they've likely factored something like this in.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Todd McClay: Trade and Associate Foreign Minister on what the conflict between the US and Iran means for trade

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/95ec392f-f65d-4f95-8b94-b40101423c3c/transcript