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President Trump’s withdrawl of the US from the TPP has meant other options are been looked at by NZ.
Nathan Guy says some kind of trade deal with the US may still be possible, despite President Trump saying no to the TPP.
Trade Minister Todd McClay is planning to meet his counterparts in the next few months to test the waters for a deal.
“We need those discussions, particularly because the biggest opportunity for NZ exporters is Japan, which is big for horticulture and beef. So we are keen to engage with the rest of the countries [in the TPP] to see if we can still harvest the benefits of the TPP.
“Rather than the whole thing falling over, it is still worth trying to progress a TPP without the US.”
Trade Minister Todd McClay says his officials plan to meet their US counterparts every month from now on to better understand how the 15% tariff issue there will play out, and try and get some certainty there for our exporters about the future.
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