Part 6/7:
New Zealand’s economy is emerging from a period of sluggish recovery following a recent recession. The increase in tariffs compounds existing economic uncertainties, prompting the government to work intensively with diplomats and trade negotiators to seek improved terms with the Trump administration.
While negotiations are ongoing, the outlook remains uncertain. The government’s focus is on minimizing the economic fallout for exporters and maintaining stability in the vital trade relationship with the United States. Efforts to secure a better deal are underway, but the impact of the tariff increase is already noticeable among stakeholders eager for clarity and support.