US Tariff on NZ timber and lumber remains at 10% [NZ]Friday 31 Jul 2026
Timber and lumber products are already covered by Section 232 measures and currently face a 10% tariff. These products will continue to be subject to the Section 232 tariff regime and will not incur the new Section 301 tariff. Source: WPMA --- Further details: New Zealand Subject to 12.5% Additional Duty On 24 July, USTR announced its final action following its Section 301 investigation into 60 economies that it considers have failed to prohibit and effectively enforce the importation of goods produced (in whole or in part) using forced labour. The final action replaces the 10% Section 122 tariffs, which expired on 24 July, and applied additional tariffs on all investigated economies, accounting for 99% of US goods imports. Under the final determination, New Zealand is among 41 economies subject to an additional 12.5% tariff. For 38 economies this will be applied on top of the United States' normal Most Favoured Nation (MFN) tariff rates For Japan, South Korea, and Switzerland it is a ‘net’ rate of 12.5%. More >> Source: New Zealand Foreign Affairs & Trade --- Australian View: Trump administration confirms new 12.5 per cent tariff for Australia The Trump administration has placed a 12.5 per cent tariff on Australian exports to the US. The new levy has replaced a temporary 10 per cent tariff that expired at the same time the new tariff took effect. Dozens of other countries have also been hit with new tariffs, which were first proposed last month after a US trade investigation into forced labour in international supply chains. More >> Source: ABC  | ||
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