1 00:00:04,920 --> 00:00:09,920 Speaker 1: Hello, Welcome to the update. I'm Michelle Stickinson. The Obenezi 2 00:00:09,960 --> 00:00:13,200 Speaker 1: government says is working through the implications of the US 3 00:00:13,400 --> 00:00:17,360 Speaker 1: tariff announcement on pharmaceutical products. Donald Trump is announced a 4 00:00:17,360 --> 00:00:20,400 Speaker 1: one hundred percent levy on Australian medicine sold into the 5 00:00:20,440 --> 00:00:24,560 Speaker 1: American market if they don't move manufacturing to the United States. 6 00:00:24,880 --> 00:00:28,440 Speaker 1: Health Minister Mark Butler says, one of our biggest medical exporters, CSL, 7 00:00:28,640 --> 00:00:29,880 Speaker 1: is already doing just that. 8 00:00:30,200 --> 00:00:34,479 Speaker 2: They have some capital investment projects underway in the United States, 9 00:00:34,560 --> 00:00:37,800 Speaker 2: which on the face of the President's announcement would exempt 10 00:00:37,800 --> 00:00:40,479 Speaker 2: them from these additional tariffs. But but look, we're still 11 00:00:40,720 --> 00:00:44,240 Speaker 2: working to understand the implications of this announcement, which is 12 00:00:44,280 --> 00:00:45,640 Speaker 2: still only a few hours old. 13 00:00:45,920 --> 00:00:48,960 Speaker 1: Well, Shadow Trade Minister Kevin Hogan says, it's a big 14 00:00:48,960 --> 00:00:51,919 Speaker 1: concern for our two billion dollar export industry. 15 00:00:52,280 --> 00:00:53,960 Speaker 3: This should have been dealt with so the government. 16 00:00:54,120 --> 00:00:56,680 Speaker 2: This is no surprise either. The US have said that 17 00:00:56,680 --> 00:01:00,000 Speaker 2: they were looking at the pharmaceutical industry, a pharmaceutical indust 18 00:01:00,080 --> 00:01:02,560 Speaker 2: for tariffs, so this shouldn't be surprised for our government. 19 00:01:02,560 --> 00:01:03,920 Speaker 3: So I hope they're ready with the response. 20 00:01:04,280 --> 00:01:07,440 Speaker 1: AMP Chief economist Shane Oliver those says we shouldn't be 21 00:01:07,480 --> 00:01:08,280 Speaker 1: too concerned. 22 00:01:08,560 --> 00:01:11,200 Speaker 3: It's a relatively small portion of the Aussie economy. It's 23 00:01:11,280 --> 00:01:13,440 Speaker 3: less than point one percent of the Australian economy. That 24 00:01:13,480 --> 00:01:17,679 Speaker 3: two point one billion dollars sounds huge. Would be horrible 25 00:01:17,720 --> 00:01:20,720 Speaker 3: if CS and others were impacted, but it's less than 26 00:01:20,720 --> 00:01:22,240 Speaker 3: point one percent of our economy. 27 00:01:22,760 --> 00:01:26,360 Speaker 1: Ukraine's ambassador to Australia says the support of allies is 28 00:01:26,400 --> 00:01:29,360 Speaker 1: important as the PM visits the UK for defense talks 29 00:01:29,600 --> 00:01:32,080 Speaker 1: and the Albinezi is in London, where he'll meet with 30 00:01:32,160 --> 00:01:35,759 Speaker 1: his UK counterpart to discuss the Orcht Pact as well 31 00:01:35,760 --> 00:01:40,040 Speaker 1: as the war in Ukraine. Quantas is investigating what led 32 00:01:40,080 --> 00:01:41,959 Speaker 1: to a fire alarm in the cargo hold of a 33 00:01:42,000 --> 00:01:45,360 Speaker 1: packed flight between Sydney and Auckland. QF for one for 34 00:01:45,520 --> 00:01:48,800 Speaker 1: one touchdown safely in New Zealand after the pilot issued 35 00:01:48,800 --> 00:01:52,920 Speaker 1: a mayday call over the Tasman this morning. Preliminary investigations, 36 00:01:52,920 --> 00:01:56,520 Speaker 1: though over, revealed there was no fire. A major police 37 00:01:56,560 --> 00:02:00,160 Speaker 1: operation in Victoria has uncovered dozens of illegal guns, at 38 00:02:00,200 --> 00:02:03,320 Speaker 1: drugs and three D printers allegedly used to manufacture of 39 00:02:03,360 --> 00:02:07,160 Speaker 1: firearms and triple murderer Aaron Patterson's now infamous red Car 40 00:02:07,200 --> 00:02:10,600 Speaker 1: has hit the market. The Mushroom Killers MGSUV has been 41 00:02:10,639 --> 00:02:14,560 Speaker 1: listed on Facebook Marketplace for eighteen thousand, five hundred dollars 42 00:02:14,560 --> 00:02:17,280 Speaker 1: by her power of Attorney, who says it's in excellent 43 00:02:17,280 --> 00:02:20,120 Speaker 1: condition and only selling because of an upgrade. It's port 44 00:02:20,240 --> 00:02:23,440 Speaker 1: entertainment to annexed to sport on The Brisbane Lions are 45 00:02:23,440 --> 00:02:26,880 Speaker 1: counting down to the AFL Grand Final and Enemy Territory tomorrow. 46 00:02:26,919 --> 00:02:29,160 Speaker 1: Brisbane will be bolstered by the return of co captain 47 00:02:29,200 --> 00:02:32,480 Speaker 1: Lockey Neil following a calf injury. In Your Entertainment News 48 00:02:32,520 --> 00:02:35,120 Speaker 1: now and there are only seven sleeves left until Taylor 49 00:02:35,160 --> 00:02:38,240 Speaker 1: Swift releases Life of a show Girl. The Superstar already 50 00:02:38,280 --> 00:02:41,519 Speaker 1: preparing to promote her twelfth studio album, locking in late 51 00:02:41,600 --> 00:02:45,800 Speaker 1: night TV appearances on Jimmy Fallon and Graham Norton. Ray 52 00:02:45,880 --> 00:02:48,840 Speaker 1: Carey's new album has dropped here for It All features 53 00:02:48,880 --> 00:02:51,799 Speaker 1: eleven new tracks and is the Icon's first studio album 54 00:02:51,919 --> 00:02:54,760 Speaker 1: in seven years. And Tate mccrazy new song appears to 55 00:02:54,800 --> 00:02:56,519 Speaker 1: be a dig at her ex the kid Ler Roy. 56 00:02:56,840 --> 00:02:59,480 Speaker 1: The track titled Tiffer Tat seemingly taking aim at the 57 00:02:59,520 --> 00:03:03,239 Speaker 1: Aussie art Stalty released a single referencing their breakup and 58 00:03:03,320 --> 00:03:05,120 Speaker 1: it's the latest from the Nova Podcast news team. I 59 00:03:05,160 --> 00:03:07,000 Speaker 1: have another episode of the Update for you tomorrow. I'm 60 00:03:07,040 --> 00:03:07,840 Speaker 1: Michelle Stevenson.