US Launches Lamb Safeguard Probe, NZ Exports at Risk
As expected, the US has launched a safeguard investigation into lamb imports, a move that could impact New Zealand sheepmeat returns.
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.”
