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US Slaps 12.5% Tariff on NZ Exports, Brazil Threatens Retaliation

7/24/2026

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US Imposes Tariff
  • On July 24, 2026 the United States announced a 12.5% tariff on most New Zealand exports, replacing a temporary 10% duty and exempting beef and kiwifruit.
  • The tariff follows President Donald Trump’s order to punish 60 partners that have not enforced a forced-labour import ban.
  • Trade and Investment Minister Todd McClay called the U.S. process “not rigorous,” said forced-labour imports have no measurable economic impact, and warned the tariffs create trade uncertainty.
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