New Zealand dairy products can enter China duty-free, last tariffs removed under FTA

New Zealand said on Monday all its dairy products were now able to enter China duty-free as safeguard duties on milk powder ended on December 31, marking the removal of all remaining tariffs agreed upon in the free trade deal between the two countries.
New Zealand was the first developed country to sign a free-trade agreement with China in 2008, with the imports of milk powder subjected to the longest phase-out. An upgraded trade deal was entered when former Prime Minister Jacinda Ardern met President Xi Jinping in 2022.

“This is good news for our dairy sector. The removal of these remaining tariffs is expected to deliver additional annual tariff savings of approximately NZ$350 million [US$221 million],” Trade Minister Todd McClay said in a statement.

Why New Zealand joining Aukus may be seen as retreat ‘towards the Anglosphere’

“The [free trade agreement] continues to deliver benefit to the New Zealand economy and to underpin the New Zealand-China trade relationship.”