A tariffying prospect for Kiwi exporters: Trump plans to tax imports – but a Harris presidency would be not much better
Trade and Agriculture Minister Todd McClay today announced he will lead a large trade delegation to the 7th annual China International Import Expo (CIIE) in Shanghai next week, followed by a visit to Guangzhou. Maybe he should be preparing instead to head for the United States to do his best to counter American threats to this country’s trading interests.
The prospect of a second Trump presidency bodes ill for this country’s exports to the US – but, more ominously, his plans to slap stiff taxes on imports to protect American producers portend the sparking of trade wars around the globe.
