New Zealand PM Arden: Exporters could suffer due to US-China trade tensions

Reuters reports the latest comments delivered by New Zealand Prime Minister (NZ) Jacinda Ardern earlier today, with the key quotes found below.

“And the worry for us is that further reductions in Chinese exports could cause a material slowdown in its economy, with adverse effects for New Zealand exporters.” 

“While we are doing our best to create a buffer ... a no-deal Brexit could still do harm to EU economies or disrupt financial markets.”

a top trade priority this year was to conclude an EU free trade deal and the launch of trade talks with Britain. “We need to be realistic that if the global economy slows, it will affect our economic growth.” 

It’s worth noting that China is New Zealand’s single-biggest export market, according to government data.