New Zealand Announces 35 Percent Tariff on All Russian Imports

New Zealand Announces 35 Percent Tariff on All Russian Imports
Minister of Foreign Affairs, Nanaia Mahuta, speaks to media while Minister for Trade, Damien O'Connor, looks on in Wellington, New Zealand, on Dec. 1, 2020. Hagen Hopkins/Getty Images
|Updated:

New Zealand (NZ) has announced it would be applying a 35 percent tariff to all imports from Russia, including oil, fertiliser, and vodka, the most significant economic response to the Russian invasion to date.

“The images and reports emerging of atrocities committed against civilians in Bucha and other regions of Ukraine is abhorrent and reprehensible, and New Zealand continues to respond to Putin’s mindless acts of aggression,” Foreign Minister Nanaia Mahuta said.