Red meat sector disappointed by US tariffs
New Zealand's red meat sector says it is disappointed by the United States' decision to impose tariffs on New Zealand exports.
Meat Industry Association chair Nathan Guy says his organisation welcomes the new trade deal with the United Arab Emirates (UAE), noting the UAE is the second largest market for the red meat sector in the Gulf Cooperation Council after Saudi Arabia.
Guy says with a population where over 75% are Muslim, the UAE is a key halal market that is increasingly looking for reliable sources of high-quality red meat that meets their strict halal expectations.
"Halal-certified exports made up 37 percent of total red meat exports and were worth approximately $3 billion in 2023/24, so NZ is well placed to meet the UAE's red meat needs," he says.
Beef + Lamb New Zealand chair Kate Acland says food security is a priority for the UAE with international trade identified as a key enabler, and beef in particular cited in their strategy as a key item to secure supply in.
The dairy industry is a major beneficiary of the deal and according to Kimberly Crewther, the executive director of DCANZ - the organisation that represents dairy companies - says that eliminating tariffs on all dairy products provides important certainly to continue growing this trade
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