Editorial: Hope for the best
New Zealand's dairy industry is right to call out Donald Trump over the damage the additional 15% tariff the US is imposing on our exports but also imposition on lower tariffs on our competitors.
OPINION: The irony of President Trump’s tariff obsession is that the worst damage may be done to his own people.
Maurice Obstfeld, a former IMF Chief Economist, recently noted these tariffs will hit Americans hardest, if reintroduced after the 90-day pause.
Here in NZ, commentator Oliver Hartwich reckons the Trump administration is taxing imports in precisely the areas in which the US economy gains the most – like cheap inputs for manufacturing or products no longer made domestically.
The result will be higher prices, less choice and less prosperity. “It is economic self-sabotage dressed up as patriotism.”
This mutt reckons the temporary suspension is a welcome reprieve but the underlying strategy has not changed – nor has the threat. Trump’s decision to hike tariffs on Chinese imports to ridiculous levels shows that this trade war is far from over.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
If there was a silver lining in the tragedy that was Cyclone Gabrielle, for New Zealand Young Grower of the Year, Grace Fulford, it was the tremendous sense of community and seeing first-hand what good leadership looks like.
New research could help farmers prepare for a future where summer rainfall is increasingly unpredictable and where drought risk is rising, no matter what.
The first calves of a new crossbred dairy-beef offering are now on the ground at a Pamu (Landcorp) farm near Taupo.
Spinach is NZ's favourite leafy green, according to the Department of Statistics.
OPINION: Ageing lefty Chris Trotter reckons that the decision to delay recognition of Palestinian statehood is more than just a fit…
OPINION: A mate of yours truly recently met someone at a BBQ who works at a big consulting firm who spent…