The Ministry of Foreign Affairs and Trade’s latest Weekly Global Economic Round-Up outlines a useful developments within the United States that have particular relevance for New Zealand exporters.
On 14th November, the US Administration announced the removal of “reciprocal” tariffs applied by the United States to 237 agricultural tariff lines under its 2025 tariff scheme. For New Zealand, this adjustment affects a significant portion of goods trade, including beef, prepared meats and a variety of fresh fruit such as kiwifruit, avocados and berries. These products accounted for approximately NZ$2.2 billion of New Zealand’s exports to the United States in 2024.
The return of these tariff lines to standard MFN rates provides improved certainty for exporters and enhances market conditions in a key destination for New Zealand’s primary sector. The adjustment to tariff settings contributes to a more predictable trading environment for New Zealand exporters.
Read the full MFAT report here: https://www.mfat.govt.nz/en/trade/mfat-market-reports/weekly-global-economic-roundup-25-november-2025