US-NZ Trade Agreement Boosts Office Machine Exports
A recent bilateral trade agreement between the United States and New Zealand has reduced tariffs on other office machines (HS Code 8472), leading to a 12% increase in US exports of coin-sorting and counting machines to New Zealand in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs, potentially increasing market share in New Zealand for office machinery.
New Zealand Imposes Temporary Quota on Office Machine Imports
New Zealand has introduced a temporary quota on imports of specific office machines, including pencil-sharpening and perforating machines, to protect domestic manufacturers, affecting US exporters.
2023-09-05
Impact: Negative impact on US exporters due to restricted market access; potential decrease in export volume for certain office machines.
US Tech Firm Expands Office Machine Distribution in New Zealand
A major US-based technology company announced a partnership with a New Zealand distributor to increase the supply of automatic banknote dispensers and stapling machines, capitalizing on growing demand in the region.
2023-08-20
Impact: Positive impact on trade volume, strengthening US presence in the New Zealand market for specialized office equipment.
