Kate Acland: U.S. removes 15% tariff on NZ beef exports

Earlier this year, the United States imposed a 15% tariff on a range of New Zealand exports, most notably beef.  It was a huge blow, as beef is a major export for New Zealand - especially to the States. The tariffs have cost the country over $300 million since they were introduced in April.  This weekend, President Donald Trump signed an executive order removing that extra 15% on beef, coffee, and tropical fruits, among others. The move brings us back down to a tariff of less than 1%. LISTEN ABOVE See omnystudio.com/listener for privacy information.