New Zealand seeks an exemption from U.S. aluminium, steel tariffs

New Zealand has requested US to exempt it from the new tariffs on imported aluminium and steel.  Prime Minister Jacinda Ardern has written to the United States president to grant an exemption from the new import tariffs. "We are awaiting a response, as are many other countries who have sought an exemption as well," Jacinda Ardern said.

The country shipped $23 million and $39 million worth of aluminium and steel respectively last year. Ardern said that New Zealand’s aluminium and steel shipments posed no threat to U.S. aluminium and steel manufacturers.

"We have what I would characterise as an important and broad relationship with the US, not unlike Australia, so we believe we have a strong case for an exemption,”Ardern said earlier this month.

"I think that case is enhanced by the fact that we are clearly not a target here. Our exports of steel and aluminium are very small."

Canada, Mexico and Australia have secured exemptions from U.S. tariffs of 10 per cent on aluminium and 25 per cent on steel. Trump has exempted Canada and Mexico from the new import tariff till the three countries decide on North American Free Trade Agreement (NAFTA).