Lamb sector in the firing line as NZ braces for potential US tariff increases
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Our exporters are bracing to be hit with hiked US tariffs but the red meat sector is in the firing line for even more.
Trade experts suggest New Zealand could face a blanket 12.5% tariff – up from the current 10%.
The US International Trade Commission has also launched an investigation into lamb imports.
Beef + Lamb New Zealand Chair Kate Acland told Ryan Bridge it can submit evidence into the four-month investigation.
She says the commission can impose remedies like tariffs if it finds current settings have harmed US lamb producers.
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