WEBVTT - The Rita Panahi Show | 8 April 0:00:02.840 --> 0:00:04.519 On Scorn Loves Australia. 0:00:05.200 --> 0:00:07.280 This is the Wider Panalty Show. 0:00:09.200 --> 0:00:12.080 Good evening and welcome to the Rita Panety Show. Coming 0:00:12.160 --> 0:00:16.120 up tonight, will Peter Dutton rediscover his voice mojo as 0:00:16.120 --> 0:00:18.919 the Liberals lose momentum and the lead up to the 0:00:18.920 --> 0:00:21.799 federal election. Adam Crichton will be here to discuss that 0:00:22.040 --> 0:00:25.439 and plenty more. Kosher Gator will have the latest on 0:00:25.560 --> 0:00:29.280 the tariffs as the EU seeks to negotiate a fresh 0:00:29.320 --> 0:00:32.040 deal with the White House. Alex Stein will have the 0:00:32.200 --> 0:00:36.199 latest from the US, including shopping revelations about the trans 0:00:36.360 --> 0:00:40.640 national school shooter, and later in the hour, Colleen Parkin 0:00:40.720 --> 0:00:44.199 will join me to discuss some of the radical racial 0:00:44.280 --> 0:00:48.640 politics infecting Australian universities and will play your audio of 0:00:48.720 --> 0:00:52.599 a University of Queensland law lecturer for rating first year 0:00:52.680 --> 0:00:57.000 students and left he's losing It features this anti trumper 0:00:57.240 --> 0:00:59.880 wanting to know who's going to pay for her therapy. 0:01:00.640 --> 0:01:02.880 So here's what I want to know as an American 0:01:03.280 --> 0:01:05.640 for this repeated trauma that I'm going through and the 0:01:05.680 --> 0:01:08.000 rest of the world, to be quite honest, asking for 0:01:08.040 --> 0:01:10.440 the world, who do we send our therapy bill to. 0:01:10.760 --> 0:01:13.800 But first we'll start with the fallout from Donald Trump's 0:01:13.880 --> 0:01:17.880 tariff strategy and thanks to Labour's reckless economic mismanagement over 0:01:17.880 --> 0:01:20.760 the last three years, Australia may have to face the 0:01:20.840 --> 0:01:24.280 recession while in a weak fiscal position. The economic term 0:01:24.360 --> 0:01:26.800 all in recent days saw more than one hundred billion 0:01:26.840 --> 0:01:29.600 white from the ASEX two hundred on Monday, and the 0:01:29.640 --> 0:01:33.000 Australian dollar dropped under sixty US cents for the first 0:01:33.040 --> 0:01:37.119 time since April twenty twenty. But it's not all bad news. 0:01:37.120 --> 0:01:40.440 In fact, mortgage holders are set to benefit from the tariffs, 0:01:40.440 --> 0:01:43.640 with a seventy percent chance of a fifty basis point 0:01:43.760 --> 0:01:47.960 rate cut in May that will certainly ease loan repayments. 0:01:47.960 --> 0:01:50.280 Here's what Treasurer Jim Chalmers had to say. 0:01:50.920 --> 0:01:55.760 Markets are now expecting around four intrast rate cuts in 0:01:55.800 --> 0:02:01.280 Australia this calendar year. There's even a more than even 0:02:01.320 --> 0:02:04.680 money expectation in the markets, more than fifty percent expectation 0:02:04.760 --> 0:02:08.440 in the markets that the next Reserve Bank interest rate 0:02:08.520 --> 0:02:12.120 cut in May might be as big as fifty basis points. 0:02:12.360 --> 0:02:14.960 Joining me now for more on this. A senior fellow 0:02:15.040 --> 0:02:17.800 and chief economists at the Institute of Public Affairs Adam 0:02:17.880 --> 0:02:22.079 Kricht and Adam the Australian government continues to overspend. That's 0:02:22.120 --> 0:02:27.040 something we'll discuss. But on a household level, a half 0:02:27.040 --> 0:02:30.200 a percent rate cut would just be a godsend right 0:02:30.240 --> 0:02:32.520 now with the cost of living pressures we're facing. 0:02:32.760 --> 0:02:33.720 Yeah, certainly, that's right. 0:02:33.760 --> 0:02:35.880 I mean, that's one of the ironies of the super 0:02:35.960 --> 0:02:38.760 hysterical reaction for these tariff cuts is that actually, for 0:02:38.840 --> 0:02:41.400 the ordinary punter out there, you may have four interst 0:02:41.440 --> 0:02:43.480 rate cuts this year, and not only that, you've got 0:02:43.480 --> 0:02:45.760 the price of petrols fall and fifteen percent I think 0:02:45.840 --> 0:02:49.079 in three days, So both of those key costs could 0:02:49.080 --> 0:02:51.320 be coming down for ordinary people. But as you say, 0:02:51.320 --> 0:02:55.080 the government here is really not prepared for this heightened 0:02:55.080 --> 0:02:59.360 geopolitical uncertainty, the heightened economic uncertainty. We've got taxes going up, 0:02:59.360 --> 0:03:01.440 we've got spending going up, we've got get going up. 0:03:01.720 --> 0:03:01.880 Now. 0:03:01.880 --> 0:03:03.440 I know the Prime Minister and the Treasurer say, oh, 0:03:03.520 --> 0:03:05.920 we're so well prepared, but you know one thing that 0:03:06.080 --> 0:03:08.120 is worrying, and that is the effect of these possible 0:03:08.120 --> 0:03:10.160 tariffs on China. We've seen the price of iron ore 0:03:10.240 --> 0:03:14.160 drop significantly. That is our biggest export this could hasten 0:03:14.200 --> 0:03:15.919 the end of the resource boom, and if that is 0:03:15.960 --> 0:03:17.680 the case, we need to batten down the hatches and 0:03:17.680 --> 0:03:18.280 get serious. 0:03:18.800 --> 0:03:21.200 We may have to start approving a few projects a 0:03:21.240 --> 0:03:23.720 little bit quicker than the ten to fifteen years it 0:03:23.760 --> 0:03:26.200 can take to go through all the green and red 0:03:26.240 --> 0:03:29.359 and sometimes black tape as well. Now, the Liberals have 0:03:29.600 --> 0:03:33.080 continued to self combust. This week they dumped one of 0:03:33.120 --> 0:03:37.000 their own candidates for having the same opinions as their 0:03:37.120 --> 0:03:40.520 shadow Defense Minister. Benjamin Britain. The Liberal candidate for the 0:03:40.920 --> 0:03:44.120 New South Wales seat of Whitlam, was disendorsed by the 0:03:44.160 --> 0:03:47.560 party for saying that the Defense Force needs to remove 0:03:47.640 --> 0:03:51.240 females from combat roles in order to fix the military, 0:03:51.280 --> 0:03:54.960 in line with similar comments made by Andrew Hasty in 0:03:55.000 --> 0:03:58.280 the past. Adam, this is just more evidence of how 0:03:58.320 --> 0:04:00.800 weak the coalition is. That you're not back their own 0:04:00.880 --> 0:04:04.440 They do not back their own position and arguments. They 0:04:04.480 --> 0:04:09.480 don't tackle these difficult debates they submit no. 0:04:09.600 --> 0:04:11.400 Certainly, I thought the Liberal Party was supposed to be 0:04:11.400 --> 0:04:14.040 a so called broad church. Well this is not showing 0:04:14.120 --> 0:04:16.400 much evidence of being a broad church. I mean that 0:04:16.520 --> 0:04:19.760 fellow's views, I said, he said I think that women 0:04:19.839 --> 0:04:21.800 should not be in some combat roles. Well, that's a 0:04:21.839 --> 0:04:25.279 view that more than fifty percent of Australians probably not. 0:04:25.600 --> 0:04:28.479 In those combat roles. Most men wouldn't qualify to be 0:04:28.560 --> 0:04:28.840 in them. 0:04:29.040 --> 0:04:31.000 That is certainly true. But the point is, I mean, 0:04:31.000 --> 0:04:33.720 he's not saying anything too extreme. And the other so 0:04:33.839 --> 0:04:36.000 called extreme view was he was anti lockdown and he 0:04:36.120 --> 0:04:39.840 was anti compulsory vaccination from the COVID vaccines. 0:04:39.880 --> 0:04:41.080 On the right side of his street. 0:04:41.200 --> 0:04:42.920 So basically he's been right about everything and he just 0:04:42.960 --> 0:04:45.599 holds normal views. So I don't know why they've done that. 0:04:45.640 --> 0:04:47.159 They've just kind of wrong footed the campaign. 0:04:47.200 --> 0:04:47.400 Again. 0:04:47.440 --> 0:04:50.359 There's always media focus on that and it really should 0:04:50.360 --> 0:04:51.760 be on the government and its failings. 0:04:52.279 --> 0:04:55.440 Now to the coalition's other major bungle this way and 0:04:55.480 --> 0:04:58.080 the part is messy. Retraction of its plan to have 0:04:58.160 --> 0:05:02.200 public servants stop working from home has left liberal MPs 0:05:02.279 --> 0:05:06.000 dismayed and angry at how badly public sentiment on the 0:05:06.000 --> 0:05:11.000 issue was misread. Multiple backbenches have privately revealed the coalition's 0:05:11.080 --> 0:05:14.120 plan to get the majority of Canberra federal public servants 0:05:14.200 --> 0:05:17.600 back into the office had proven toxic in their electorates, 0:05:18.040 --> 0:05:21.080 as many voters did not realize that policy only applied 0:05:21.120 --> 0:05:25.000 to bureaucrats and not to ordinary workers. Adam, this is 0:05:25.080 --> 0:05:29.640 again a problem, a failure in messaging, in failing to 0:05:29.720 --> 0:05:33.960 communicate a policy that actually should be hugely popular. I 0:05:33.960 --> 0:05:36.960 don't recall Premier Chris Mince having many problems with this 0:05:37.040 --> 0:05:40.240 when he campaigned on it before he became New South 0:05:40.240 --> 0:05:40.880 Wales premier. 0:05:41.040 --> 0:05:43.120 Yeah, look, that is true. It should have been so 0:05:43.279 --> 0:05:45.960 much better. Although, just to briefly blow my own trumpet, 0:05:46.240 --> 0:05:47.719 I did say a month ago on Q and A 0:05:47.800 --> 0:05:50.320 that this policy would not work politically, and it hasn't 0:05:50.360 --> 0:05:52.919 because they haven't been able to sell it properly. Sadly, 0:05:52.960 --> 0:05:54.920 work from home is very popular with a lot of people, 0:05:54.960 --> 0:05:56.880 and they thought that this policy applied to them. Of 0:05:56.960 --> 0:05:59.120 course it did not, as you suggested, only about the 0:05:59.120 --> 0:06:01.919 public service. But you know, people don't pay much attention 0:06:02.000 --> 0:06:05.039 to politicians into politics, especially this election campaign, which, let's 0:06:05.040 --> 0:06:06.720 face it is a bit of a snooze fest. 0:06:07.120 --> 0:06:12.200 It is, and the Labor Party and their activists of 0:06:12.240 --> 0:06:15.040 which there are many in the media, when hard on 0:06:15.080 --> 0:06:19.279 this policy. This was anti female, it was misogynist. It 0:06:19.440 --> 0:06:22.480 was going to set female workers back decades. I mean 0:06:22.480 --> 0:06:27.120 the hyperbole employed was extraordinary, but it's work. They've backtracked 0:06:27.120 --> 0:06:30.440 on a key policy. Now let's check in with how 0:06:30.480 --> 0:06:34.240 the election campaign is playing out on social media. We'll 0:06:34.240 --> 0:06:38.640 look at some Labor Party ads. I've got to say 0:06:38.800 --> 0:06:40.920 that they are creative. You've got to give them that. 0:06:41.279 --> 0:06:44.680 We'll start off with Environment Minister Tania Plebisex shed They 0:06:44.760 --> 0:06:47.720 had this to say, so apparently. 0:06:47.400 --> 0:06:50.880 Peter doesn't stand a backflip on working from home. Who 0:06:50.880 --> 0:06:53.599 believes that he can change what he says, but he 0:06:53.680 --> 0:06:54.560 can't change. 0:06:54.279 --> 0:06:57.159 Who he is authorized perics and ALP camera. 0:06:57.520 --> 0:07:00.200 Now that was a bit more conventional. That's the sort 0:07:00.240 --> 0:07:02.200 of ad we expect. Let's have a look at some 0:07:02.279 --> 0:07:05.360 of the more wacky, bizarre or this time, I think 0:07:05.360 --> 0:07:09.039 they're attempting to portray Albow or some kind of I 0:07:09.040 --> 0:07:28.280 don't know, alpha male heartthrop M, lock up your wives. 0:07:28.360 --> 0:07:30.320 I don't know what. I don't know who that's targeting. 0:07:30.600 --> 0:07:34.239 Here's Elbow dropping some mad beats. These are official ads, people, 0:07:34.320 --> 0:07:35.160 official ads. 0:07:35.600 --> 0:07:36.000 They are. 0:07:38.920 --> 0:07:49.560 Completely authorized per ALP camera. 0:07:50.560 --> 0:07:54.080 And Labor are not above a little bit of election misinformation. 0:07:54.520 --> 0:07:54.720 You know. 0:07:54.760 --> 0:07:55.800 The problem Pit is. 0:07:55.960 --> 0:07:58.360 All no no, no, no to tax cuts. 0:07:58.480 --> 0:07:59.960 No to help in the cost of living. 0:08:00.080 --> 0:08:00.960 Coming shouldn't debt. 0:08:01.040 --> 0:08:03.600 He's a note of everything unless it's big long lunches 0:08:03.600 --> 0:08:04.120 for bosses. 0:08:04.240 --> 0:08:05.520 Then he's a massive Yes. 0:08:05.720 --> 0:08:08.720 Authorized perics and alp camera and the Greens. 0:08:08.760 --> 0:08:11.040 We should never forget the Greens. Let's have a look 0:08:11.040 --> 0:08:14.200 at this effort. Yeah, they want to know. 0:08:28.880 --> 0:08:31.440 Authorized by ACROF for the Greens, New South Wales, Sydney. 0:08:32.200 --> 0:08:34.480 I've got a pause for some sort of commentary there. 0:08:34.520 --> 0:08:36.080 What was that, Adam? 0:08:36.320 --> 0:08:36.520 Well? 0:08:36.520 --> 0:08:38.319 Look what are the green smoking? 0:08:38.640 --> 0:08:38.840 Look? 0:08:38.880 --> 0:08:41.600 I just think taken collectively, if these ads are effective, 0:08:41.600 --> 0:08:43.040 it's a reminder that we have to get rid of 0:08:43.080 --> 0:08:44.640 compulsory very soon. 0:08:44.840 --> 0:08:46.199 But let him cook one. 0:08:46.280 --> 0:08:47.880 I mean he's been cooking for three years that the 0:08:47.920 --> 0:08:50.959 dish is not particularly tasty. But no, maybe, but maybe 0:08:51.000 --> 0:08:53.440 people like this stuff. But overall it's a sad indictment 0:08:53.440 --> 0:08:54.440 on our politics, isn't it. 0:08:54.440 --> 0:08:57.840 These ads are pathetic, are pathetic, But there's ones that 0:08:57.920 --> 0:09:00.640 are having cuts through on social media. As we know, 0:09:01.400 --> 0:09:05.320 social media is where people are absorbing so much of 0:09:05.440 --> 0:09:08.320 their news. It's not just young people anymore. We're talking 0:09:08.320 --> 0:09:12.720 to people fifty and under and increasingly over fifty as well. 0:09:12.720 --> 0:09:15.800 This is where you can reach people who are not 0:09:15.920 --> 0:09:18.760 that engaged, and this is a sort of nonsense reaching them. 0:09:19.600 --> 0:09:22.280 Let's have a look at what a conservative activist group, 0:09:22.480 --> 0:09:25.360 Advance has been up to. 0:09:25.600 --> 0:09:28.280 Forget you Pal, thanks for nothing? 0:09:29.880 --> 0:09:33.840 Shall I say, forget you Pal, thanks for nothing? 0:09:33.960 --> 0:09:35.280 And I start right out of there. 0:09:35.760 --> 0:09:36.360 That's talent them. 0:09:36.360 --> 0:09:39.200 Homer, authorized by Sandra Berg, Advance Australia Camera. 0:09:40.200 --> 0:09:43.600 I've got to say Advance are a lot more clever 0:09:43.880 --> 0:09:46.960 than whoever's doing the liberals ads. And I would just 0:09:47.040 --> 0:09:51.199 stay far were them my maxim phone calls and collaborate 0:09:51.440 --> 0:09:55.600 because they are just putting ads together, whether they're social 0:09:55.640 --> 0:10:00.000 media ads or mainstream media ads that actually are huge. 0:10:00.440 --> 0:10:03.480 They're not cringey and just so predictable. 0:10:03.640 --> 0:10:06.120 And everyone loves the Simpsons to the Simpsons illusion. 0:10:06.120 --> 0:10:09.480 It's kind of our generation. Maybe that's so we like it. 0:10:09.480 --> 0:10:11.960 But you know, generally the two major parties are so 0:10:12.000 --> 0:10:13.880 close together that you just get these sorts of ads 0:10:13.960 --> 0:10:16.600 kind of adds about nothing. So it's really an indictment 0:10:16.640 --> 0:10:17.680 on both the major parties. 0:10:18.200 --> 0:10:18.760 Absolutely. 0:10:18.920 --> 0:10:19.079 Now. 0:10:19.280 --> 0:10:23.760 Rising tide has struck again. Earlier today, a climate protest 0:10:23.800 --> 0:10:27.559 a disrupted at press conference about mental health to heckle 0:10:27.600 --> 0:10:28.680 the Prime Minister. 0:10:28.679 --> 0:10:31.920 When it came to working from home and the sacking 0:10:31.920 --> 0:10:44.040 of forty one thousand public services. 0:10:38.800 --> 0:10:45.679 And and I haven't been. 0:10:48.360 --> 0:10:51.560 Adam. These folk will never be happy. I mean, how 0:10:51.640 --> 0:10:55.520 much more green can the Australian government be? But they're 0:10:55.600 --> 0:10:59.120 still carrying on like that. I'm surprised we're not having 0:10:59.160 --> 0:11:02.600 masses of them super gluing themselves to the streets because 0:11:02.640 --> 0:11:04.160 we saw that for several years. 0:11:04.480 --> 0:11:06.080 Well look, I thought it was ironic that she was 0:11:06.080 --> 0:11:08.800 crashing a mental health sum because if there's any evidence 0:11:08.840 --> 0:11:11.000 of a mental health crisis, it's surely that woman. 0:11:11.040 --> 0:11:14.880 I mean, not passing any sort of judgments on her 0:11:14.920 --> 0:11:17.040 mental health. Let me just say that in case, just 0:11:17.760 --> 0:11:22.440 particularly now. Of course, now this is worry news for 0:11:22.520 --> 0:11:26.880 Peter Dutton anth now but easy as we know, strengthening 0:11:26.880 --> 0:11:29.920 his position in the polls as preferred leader and the 0:11:29.960 --> 0:11:34.920 negative feedback from voters is very interesting on Peter Dutton. 0:11:34.920 --> 0:11:37.480 Now let's take this with a grain of salt because 0:11:37.520 --> 0:11:40.400 this is Labor Commission focus groups that I'm about to 0:11:40.760 --> 0:11:43.480 quote from. But these are some of the words that 0:11:43.520 --> 0:11:46.439 these people in these focused groups have used to describe 0:11:46.480 --> 0:11:53.400 the Liberal leader. They include extreme creepy, agro charmless too, trumpy, 0:11:53.920 --> 0:11:59.319 looks better with glasses and a banker with a w 0:11:59.440 --> 0:12:01.200 AM I allowed to say that on television. I'm not 0:12:01.240 --> 0:12:05.160 sure do we take this seriously. I mean, certainly the 0:12:05.280 --> 0:12:09.000 polls show that Anthony Alberanese is increasing his lead, but 0:12:09.040 --> 0:12:13.280 I would suggest that's not because he looks scary Peter Dutton. 0:12:13.320 --> 0:12:16.840 It's just because we're not hearing much from him. That 0:12:16.960 --> 0:12:20.199 differentiates the coalition from what we already have, and. 0:12:20.160 --> 0:12:23.200 I think the coalition should be taking advantage of this persona. 0:12:23.240 --> 0:12:26.800 I mean, he comes across as stern and serious and authoritative, 0:12:26.840 --> 0:12:29.600 and these are uncertain times, so that should be working. 0:12:29.720 --> 0:12:31.960 But sadly it's not so far with the coalition. 0:12:32.600 --> 0:12:35.640 Well, what can they do to turn things around? We 0:12:35.720 --> 0:12:39.240 saw how successful Peter Dutton was in turning around those 0:12:39.320 --> 0:12:43.920 poll numbers and getting the voice vote defeated, getting the 0:12:43.960 --> 0:12:49.600 referendum defeated. How can he tap back into that, Peter Dutton, 0:12:49.679 --> 0:12:52.160 because that's been missing, I've got to say in twenty 0:12:52.200 --> 0:12:52.760 twenty five. 0:12:53.360 --> 0:12:55.480 Yeah, Look, because there was a stark difference, there was 0:12:55.520 --> 0:12:58.000 a real choice. I think so far in this campaign 0:12:58.040 --> 0:12:59.880 there's not really a real choice I mean the issues 0:13:00.280 --> 0:13:02.080 are fairly minor. I think if they want to turn 0:13:02.080 --> 0:13:04.640 the tie, they need a big announcement that gets everyone's attention, 0:13:04.679 --> 0:13:06.439 and it's going to be controversial, you know. I think 0:13:06.440 --> 0:13:08.520 we get the IPA would suggest say that we're going 0:13:08.559 --> 0:13:10.480 to dump net zero. That's what the Tories did in 0:13:10.520 --> 0:13:13.560 the UK. They've done it, They've announced it. It's not 0:13:13.679 --> 0:13:16.520 economically or even scientifically possible, so we may as well 0:13:16.559 --> 0:13:17.840 dump it and let's have the argument. 0:13:18.080 --> 0:13:21.280 Absolutely, let's have the debate. It's a cost of living election, 0:13:21.520 --> 0:13:25.640 and cost of living is impacted greatly by energy costs, 0:13:25.720 --> 0:13:29.959 so absolutely, that would be a battleground that I think 0:13:30.000 --> 0:13:31.679 he could win. Adam Christ And thank you for your 0:13:31.720 --> 0:13:32.199 time tonight. 0:13:32.280 --> 0:13:32.800 Thanks Reda. 0:13:33.400 --> 0:13:36.960 Well, here is a case of HUTSBA. China is accusing 0:13:37.040 --> 0:13:41.120 the US of bullying after America's slapped tariffs on Beijing, 0:13:41.720 --> 0:13:44.040 and Old Trump has made it clear that he will 0:13:44.040 --> 0:13:49.240 impose additional tariffs on China if they impose retaliatory tariffs. 0:13:49.800 --> 0:13:54.080 They put a thirty four percent tariff on above what 0:13:54.160 --> 0:13:57.960 their ridiculous tariffs were already, and I said of that 0:13:58.080 --> 0:14:01.839 tariff isn't removed by tomorrow at twelve o'clock. We're putting 0:14:01.920 --> 0:14:05.679 a fifty percent teriff on above the tariffs. 0:14:05.320 --> 0:14:05.960 That we put on. 0:14:06.920 --> 0:14:10.280 This comes as countries scrambled to make deals with the 0:14:10.320 --> 0:14:13.800 White House, offering to remove tariffs on US products in 0:14:13.840 --> 0:14:17.480 return for relief from US tariffs. Joining me now is 0:14:17.600 --> 0:14:23.359 Guyanese contributor Kosher Gata. Kosher China, which uses economic coersion 0:14:23.400 --> 0:14:27.840 to bully smaller countries, is seriously claiming to be bullied here. 0:14:27.920 --> 0:14:32.800 It's rich and they impose these tariffs on countries around 0:14:32.800 --> 0:14:35.560 the world, so for them to be upset about this. 0:14:35.640 --> 0:14:38.200 It's one thing for Australia to be upset, but China 0:14:38.320 --> 0:14:41.160 is not really embrace free trade as we know it. 0:14:41.880 --> 0:14:44.760 There's a lot of stagecraft going on in this issue 0:14:44.760 --> 0:14:47.560 that's rocked the world obviously, and between the US and China, 0:14:47.600 --> 0:14:50.120 which is a special part of this whole trade what 0:14:50.320 --> 0:14:52.760 that's happening, It really is the battle of the century 0:14:52.760 --> 0:14:54.480 between the two superpowers. 0:14:54.600 --> 0:14:55.920 And if we're. 0:14:55.680 --> 0:14:58.320 Moving towards a multipolar world, which is what Tiam Trump 0:14:58.360 --> 0:15:00.680 actually does believe in, which no longer going to be 0:15:00.680 --> 0:15:02.680 a single superpower, but China is going to be a 0:15:02.720 --> 0:15:06.200 fellow superpower. It has to be recalibrated and tariffs is 0:15:06.240 --> 0:15:08.760 where this battle is coming to a head. So they're 0:15:08.840 --> 0:15:11.640 jockeying against it with each other. And what they're after 0:15:11.760 --> 0:15:13.960 is obviously trade balance where they're both doing ten to 0:15:14.000 --> 0:15:16.000 twelve percent of trade with each other. But if you 0:15:16.040 --> 0:15:19.480 add indirect trade that US bound, China relies on the 0:15:19.560 --> 0:15:22.480 US more. So that's the leverage that Trump is imposing. 0:15:22.920 --> 0:15:24.640 The leverage that China has is that a lot of 0:15:24.680 --> 0:15:26.920 the supply chains that sit there for vital goods from 0:15:26.920 --> 0:15:30.280 fertilizer to penicillin, and they know that semiconductors, et cetera 0:15:30.480 --> 0:15:32.720 hard to bring that back overnight. And so this is 0:15:32.760 --> 0:15:34.800 where you're kind of seeing the rubber hit the road. 0:15:35.040 --> 0:15:38.760 It could spill out into arenas beyond even tariffs and trades, 0:15:38.800 --> 0:15:41.640 which is restricting immigration or student visas. We're not anywhere 0:15:41.640 --> 0:15:43.520 near there yet, but I would not be surprised if 0:15:43.560 --> 0:15:44.680 all of that gets put on the table. 0:15:45.160 --> 0:15:49.480 The supply Chin issue is enormous, isn't it, because successive 0:15:49.600 --> 0:15:53.760 leaders have really neglected that area. I think during COVID 0:15:53.800 --> 0:15:56.680 we realize how dependent we were on China and how 0:15:56.760 --> 0:16:00.120 dangerous that was, and it's something that has to be 0:16:00.120 --> 0:16:04.000 addressed whoever's in the White House. You cannot have vital 0:16:04.120 --> 0:16:08.720 goods dependent on China. You've got to be self sufficient 0:16:08.880 --> 0:16:12.440 enough that your penicillin doesn't have to come via China 0:16:12.480 --> 0:16:14.480 or a portion of it come from China. 0:16:14.840 --> 0:16:17.200 And that is something to write that. COVID really put 0:16:17.240 --> 0:16:19.200 that in the spotlight, and the US has a lot 0:16:19.240 --> 0:16:21.920 of economic mate to wield in that regard, but it 0:16:21.960 --> 0:16:24.000 is a lesson for everybody, including Australia. 0:16:24.080 --> 0:16:28.720 Absolutely. Now, au nations are ready to negotiate with the US. 0:16:28.840 --> 0:16:31.280 Let's hear from the European Commission President. 0:16:31.680 --> 0:16:35.080 We stand ready to negotiate with the United States. Indeed, 0:16:35.120 --> 0:16:38.840 we have offered zero for zero tariffs for industrial goods, 0:16:38.960 --> 0:16:42.480 as we have successfully done with many other trading partners, 0:16:42.760 --> 0:16:45.960 because Europe is always ready for a good deal, so 0:16:46.200 --> 0:16:48.720 we keep it on the table, but we are also 0:16:48.800 --> 0:16:53.359 prepared to respond through countermeasures and defend our interests. 0:16:54.280 --> 0:16:57.680 It's interesting they have offered zero for zero tariffs for 0:16:57.880 --> 0:17:01.240 industrial goods. Is that going to be enough for Donald Trump? 0:17:01.320 --> 0:17:02.240 Or is that too narrow? 0:17:02.520 --> 0:17:06.040 It feels like it's a start, and it happened awfully quickly. 0:17:06.080 --> 0:17:08.160 I think Madame Ursula over there, you know, talks about 0:17:08.200 --> 0:17:10.000 it as, ah, this is something we do all the time. 0:17:10.040 --> 0:17:10.880 It's no big deal. 0:17:11.280 --> 0:17:13.760 She didn't do it last week or last month or 0:17:13.800 --> 0:17:17.200 last year when she could have. Look, it's a start. 0:17:17.200 --> 0:17:20.080 I think what Trump is after is twofold. One is reciprocity, 0:17:20.160 --> 0:17:23.240 so the zero for zero is one shape that that 0:17:23.280 --> 0:17:27.080 could take. The other is actually trade balance, where the 0:17:27.200 --> 0:17:29.520 number of things that are present in the market here 0:17:29.640 --> 0:17:32.320 that come from Europe is somewhat reciprocal in terms of 0:17:32.320 --> 0:17:34.160 the trade that we do there. So he talks about 0:17:34.160 --> 0:17:37.320 how US streets are flooded with European and Japanese cars. 0:17:37.320 --> 0:17:39.160 The reverse is not true, for instance, so that will 0:17:39.200 --> 0:17:42.480 take longer. Where the tariffs even the playing field enough 0:17:42.520 --> 0:17:44.920 that step two is that hopefully the Europeans are actually 0:17:44.920 --> 0:17:48.560 importing more American goods, which helps to go towards reindustrializing America, 0:17:48.600 --> 0:17:48.879 which is. 0:17:48.880 --> 0:17:52.800 Ultimately his coal now a massive wind for the Trump administration. 0:17:52.960 --> 0:17:56.680 In the Supreme Court lifting a lower court order that 0:17:56.720 --> 0:18:00.520 blocked the deportation of Venezuela and Gang bang Is, among others. 0:18:00.560 --> 0:18:05.120 Kosher was a five to four decision. Amy Coney Barrett, 0:18:05.119 --> 0:18:08.679 who Donald Trump appointed in his first term, sided with 0:18:08.760 --> 0:18:12.800 the three leftists in the court, tell me about this victory, 0:18:12.920 --> 0:18:17.520 what it means for the deportation plan and the commentary 0:18:17.720 --> 0:18:21.640 around Coney Barrett. A lot of people are saying she's 0:18:21.680 --> 0:18:23.200 Donald Trump's biggest mistake. 0:18:23.920 --> 0:18:25.879 A lot of people from the Trump base are not 0:18:25.920 --> 0:18:28.199 happy with her for this decision and another decision her 0:18:28.280 --> 0:18:30.919 and Chief Justice John Roberts can't rely on them as 0:18:31.000 --> 0:18:34.160 always been conservative. But notwithstanding that, this is a win 0:18:34.359 --> 0:18:37.159 five to four for Trump. This is that case a 0:18:37.240 --> 0:18:42.080 few three Saturdays ago when Justice Boseburg, the Federal DC 0:18:42.200 --> 0:18:45.160 District Coort judge, said and ordered the planes that were 0:18:45.200 --> 0:18:48.800 midflight outside of US airspace on their way to taking 0:18:48.840 --> 0:18:52.000 those to El Salbert or taking those gang members out, 0:18:52.119 --> 0:18:54.359 have to be turned around and brought back. They defied it. 0:18:54.600 --> 0:18:56.920 This has been running its way up the court. Trump 0:18:56.920 --> 0:18:59.240 team asked for an emergency hearing with the Scottis and 0:18:59.320 --> 0:19:02.119 they said that he does have as Commander in chief 0:19:02.480 --> 0:19:06.240 jurisdiction in invoking that act and seeing and declaring who 0:19:06.400 --> 0:19:09.200 is a predatory invasion or incursions or not at war 0:19:09.320 --> 0:19:12.040 with Venezuela. That's where people were arguing. But it is 0:19:12.080 --> 0:19:14.720 an invasion as defined by him, and he has full 0:19:14.800 --> 0:19:18.360 jurisdiction to do that, not this judge from DC. They 0:19:18.359 --> 0:19:20.560 did say that there are some due process rights that 0:19:20.640 --> 0:19:22.480 should be or could be allowed to these folks, but 0:19:22.480 --> 0:19:23.879 it would have to be in the venue where they 0:19:23.920 --> 0:19:26.080 were held, which would be Texas and not DC. So 0:19:26.080 --> 0:19:29.119 it's definitely a slap back on Judge Boseburg. And it 0:19:29.160 --> 0:19:30.720 is a win for Trump because they're going to be 0:19:30.720 --> 0:19:35.320 able to continue declaring these most criminal violent gang members 0:19:35.440 --> 0:19:37.480 and the lake and getting that out of the country quickly. 0:19:37.560 --> 0:19:41.200 And the venue is particularly important, very big difference between 0:19:41.280 --> 0:19:45.240 DC and Texas there. And this development in the Supreme 0:19:45.320 --> 0:19:49.120 Court comes as more than one hundred illegal immigrants were 0:19:49.240 --> 0:19:52.760 nabbed as part of a five day mess deportation operation 0:19:52.880 --> 0:19:56.080 in New York. Now, what's interesting about this Kosher Among 0:19:56.160 --> 0:20:01.240 those detained worth three convicted killers. Reports. The group of 0:20:01.320 --> 0:20:05.520 murderers includes a forty nine year old from Trinidad and Tobago, 0:20:05.600 --> 0:20:07.600 a thirty two year old from El Salvador, and a 0:20:07.640 --> 0:20:10.720 seventy year old from the Dominican Republic. When Trump talks 0:20:10.760 --> 0:20:16.479 about criminals, hardened criminals being amongst these illegal immigrants, this 0:20:16.560 --> 0:20:20.879 is what he's talking about. Because the border was so 0:20:21.080 --> 0:20:25.600 completely compromised, that he literally had killers crossing over and 0:20:25.640 --> 0:20:26.600 living freely in the. 0:20:26.560 --> 0:20:30.080 Community, and the horrible cases that will live on an 0:20:30.080 --> 0:20:32.399 infamy like Lake and Riley and others who were killed 0:20:32.440 --> 0:20:35.679 by people exactly like this and this profile. This is 0:20:35.680 --> 0:20:37.720 the thing, right. So there's the legal thing with the 0:20:37.720 --> 0:20:41.119 Scottish ruling and the minutia of which jurisdiction and what 0:20:41.240 --> 0:20:44.920 the Article two powers are versus Article three. That's all important, 0:20:45.160 --> 0:20:47.280 But the everyday person isn't in the weeds. Following that, 0:20:47.680 --> 0:20:51.399 the everyday person does understand criminals with tattoos all the 0:20:51.440 --> 0:20:54.160