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Meat sector cautiously optimistic it won't be affected by Trump tariffs

Author
Newstalk ZB,
Publish Date
Mon, 2 Dec 2024, 7:49am
(Photo / File)
(Photo / File)

Meat sector cautiously optimistic it won't be affected by Trump tariffs

Author
Newstalk ZB,
Publish Date
Mon, 2 Dec 2024, 7:49am

Cautious optimism from the meat sector as it braces for the impact of a US presidency change.

Donald Trump's campaigned on tariffs of up to 20 percent on all imports, with higher tariffs for imports from China.

Silver Fern Farms chief executive Dan Boulton says they're still unsure if New Zealand will actually be affected.

He told Ryan Bridge the tariffs will focus on nations which have a trade imbalance with the US.

“And I think for us, the US is very, very short on beef at the moment, and they’re going to be relying heavily on us over the next few years.”

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