New Zealand says won't retaliate to US tariff war, media fact checks Donald Trump

New Zealand will not impose retaliatory tariffs on the US after President Trump levied a 10% tariff on New Zealand exports. Trade Minister Todd McClay highlighted the negative impact of tariffs on consumers and inflation. The US incorrectly stated New Zealand imposes a 20% tariff on US goods, but the actual average tariff rate is 1.9%.