New tariffs announced on New Zealand exports
 
On 31 July (US time) US President Trump signed Executive Order 14326 which raised the additional tariff on much of New Zealand goods exports to the US from 10% previously, to 15% (in addition to the US's standard MFN tariff). See the Fact Sheet here.
 
The revised tariffs took effect on 7 August, with goods already en route subject to the previous tariff rates, provided they arrive by 4 October (see Sec. 2. Tarff Modifications. (a) of the Executive Order linked above).
 
Separately, sectoral tariffs continue to apply for some products:

• 25% for autos and auto parts (NZ$56 million - 1.8% of US goods imports from NZ)

• 50% for steel and aluminium (NZ$157 million - 0.6% of total US imports from NZ)

• 50% for copper (NZ$15 million – 0.2% of total US imports from NZ)

There are some exceptions where New Zealand exports just face the MFN tariff. This is primarily for those sectors facing ongoing section 232 investigations.

The Tariff Finder sets out the total tariffs for each US tariff line, including where higher sectoral tariffs apply or where there is an exception.

Should you have further questions, please get in contact with us at us.exports@mfat.govt.nz 

You are welcome to share, distribute, re-use and re-publish this report as you see fit, as long as no substantive changes are made, and it continues to be attributed to the Ministry.  
 
You can view the complete list of market reports published to date here: www.mfat.govt.nz/market-reports  

Please contact us with any further questions on us.exports@mfat.govt.nz

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