Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
That is especially in the case of the NZ dairy sector, where Canada still imposes high tariffs on dairy imports – even though it is a member of the CTPP trade partnership.
This means that NZ dairy exports are effectively locked out of Canada.
One would think if Ardern and Trudeau were such good, left-wing, bosom buddies – who even share plane rides together to UN talkfests – then they could negotiate an end to NZ dairy products being locked out of Canada.
However, it seems – like most things our PM is associated with – she is all mouth and no trousers when it comes to achieving anything in the real world.
