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Trade threats remains after US elections

3 0 1
08.11.2018

OPINION: The United States midterm elections were significant for New Zealand's trade prospects but the picture has just become more clouded.

New Zealand, a trade-dependent nation, needs fewer tariffs and freer trade.

That need has been compromised over the last two years by US President Donald Trump's moves to reverse tariff reductions, pull out of The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and engage in brinkmanship with China.

Trade watchers would have been hoping for a midterm result that lowered the threat of an all-out trade war, but the threat remains.

READ MORE:
* US midterms: Donald Trump declares victory, credits his 'vigorous campaining'
* Midterm result will deliver more chaos as divisions in US get deeper
* Canada-US reach deal to stay in trade pact with Mexico
* President Donald Trump would consider CPTPP if US could get 'better deal'

The split Congress resulting from the midterms has increased........

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