The Government's questioning the numbers the US is using to justify new tariffs.
The Trump administration claims it is imposing a 10 percent tariff on our goods, in response to New Zealand's 20 percent tariff on US goods.
But Trade Minister Todd McClay says our tariffs average under 2 percent, with the highest about 5 percent.
"It looks like they've used a different type of calculation as to balance of trade as opposed to tariff rate for some reason."
LISTEN ABOVE
- ‘Liberation Day’ - Trump announces 10% tariff on NZ goods, China and EU hit even harder
- 'Devastating impact': Trump's new tariffs on imported cars spark trade tensions
- ‘Nasty’: Trump threatens 200% tariffs on EU wine amid escalating trade tensions
- ‘Not a positive step’: PM slams US tariffs on Australian metals
- Trump doubles down on Canada trade war with massive new tariffs
Take your Radio, Podcasts and Music with you