Articles tagged USA


Treasury Secretary Gabriel Makhlouf acknowledged to parliamentarians that New Zealand's tradeable sector had caught up little to the non-tradeable sector in recent years, but that New Zealand's 4% plus current account deficit was "not unsustainable." When queried on whether it was actually sustainable, Makhlouf was cautious.

The Trans Pacific Partnership (TPP) free trade agreement negotiations were challenging, Treasury Secretary Gabriel Makhlouf told parliamentarians on Wednesday, but a successful agreement could be "transformative for global trade" if it were attractive enough for China to want to join.