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Nicola Willis: Finance Minister doesn't believe New Zealand will be impacted by Donald Trump's proposed tariffs

The Finance Minister says she's not jumping to conclusions on whether New Zealand will be affected by potential Donald Trump Administration tariffs.

The president-elect has proposed tariffs of up to 20 percent on imported goods from most trading partners.

Nicola Willis says the current trade settings with US seem to be working.

"It's clear the Americans like what we're selling. Equally, we import a heck of a lot from the Americans - it works for both sides. We have a close, positive relationship."

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