The New Zealand beef sector's set to save some dosh, with the removal of the additional 15-percent tariff on our beef.

US President Donald Trump's reversed his tariffs on a wide range of US food imports, including New Zealand beef, offal and kiwifruit.

These products represent around 25 per cent of our exports to the United States, worth more than two billion dollars annually.

Beef & Lamb New Zealand Chair Kate Acland told Ryan Bridge the tariffs were costing our beef industry a lot.

She says in 12 months the quotas were looking to cost us about 310-million dollars, so it's a significant amount.