18716 (2025). Hon Barbara Edmonds to the Minister of Finance
Written Question
Published date: 30 Apr 2025
18716 (2025). Hon Barbara Edmonds to the Minister of Finance: What are the potential trade diversion effects resulting from tariffs and lower forecast trading partner growth, and which sectors might benefit or suffer most?
Hon Nicola Willis: The uncertainty and fluidity of the Global Trade policy makes its challenging for the Treasury to estimate the potential trade diversion impacts. As new information emerges, the Treasury may be able to provide an assessment at the time. The Government continues to provide support to exporters, allowing them to stay adaptable in response to the current geopolitical environment.