ExportNZ Trade News & Advocacy Update | April 2025
2025, April, ExportNZ Trade News & Advocacy UpdateDownload
2025, April, ExportNZ Trade News & Advocacy UpdateDownload
Since our last update, we have seen the signing of the NZ-UAE FTA, continuing focus on the India relationship, and intensive global focus on the new Trump Administration’s trade policy. A restructure of NZTE was also announced with investment work to be undertaken by a new entity Invest New Zealand.
Since our last update, we have seen the signing of the NZ-UAE FTA, continuing focus on the India relationship, and intensive global focus on the new Trump Administration’s trade policy. A restructure of NZTE was also announced with investment work to be undertaken by a new entity Invest New Zealand.
Since our last update, we have seen the signing of the NZ-UAE FTA, continuing focus on the India relationship, and intensive global focus on the new Trump Administration’s trade policy. A restructure of NZTE was also announced with investment work to be undertaken by a new entity Invest New Zealand.
We now know the outcome of the US Election. The Republicans will control all facets of the US federal government – the Presidency, the Senate, the House of Representatives, and the Supreme Court. However, the exact nature of any policy changes that might occur after the new administration is inaugurated is far from certain.
There has been a lot of rhetoric regarding tariffs from the Trump campaign and many New Zealand businesses will be curious as to what the impact may be. To date, nothing has been formally announced regarding new tariffs on New Zealand exports to the United States.
The end of the year is often a very busy time for trade policy practitioners. This year will be no different. We have an APEC Leaders’ Meeting in Peru and associated trade and foreign minister meetings; CPTPP Ministers will be meeting; Members are ratifying and planning to implement the Indo-Pacific Economic Framework (IPEF); the lawyers are tidying up the recent agreement with the UAE; negotiations continue with the Gulf Cooperation Council (GCC); and intensive diplomacy with India continues. Analysts are trying to understand what the impact of the Chinese economic stimulus package will have on import demand. Overlaying everything is the US Presidential Election, where trade policy is very much front and centre of both the Dems and GOP policy platforms.