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Speaker 1: Labor has slammed the government for not being upset enough

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Speaker 1: about Trump's ten percent tariff. They're not happy that the

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Speaker 1: PM is quote being comfortable about it, and I reckon

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Speaker 1: that means he's failing us all as Kiwi's former trade

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Speaker 1: negotiated to Stephen Jacoby is with me on the say Stephen, hi,

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Speaker 1: how are you? I'm very well, thank you. What else

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Speaker 1: can he do other than be comfortable about it?

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Speaker 2: I wonder really if he is comfortable about these tariffs

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Speaker 2: being applied. Remember their additional tariff. It's not just the

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Speaker 2: ten percent tariff. If we're already paying a tariff, it's

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Speaker 2: ten percent plus, so fifteen percent tariff already on butter

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Speaker 2: now twenty five percent. No one can be very comfortable

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Speaker 2: about that.

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Speaker 1: No, probably not. I mean, is this just something you

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Speaker 1: have to say diplomatically or what do you think?

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Speaker 2: Well? What I am comfortable about is where the government

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Speaker 2: is on this at the moment. It's watching, it's consulting,

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Speaker 2: it's consulting with trading partners. In particular, we've got Todd

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Speaker 2: mclayoff and you know Paris at the moment doing just that.

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Speaker 2: It's doing all those right sort of things you have

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Speaker 2: to remember that we are being charged as additional tariff

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Speaker 2: at the lower lowest end of the scale. We don't

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Speaker 2: have a lot to offer the United States. We've just

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Speaker 2: seen the UK go and bend the knee in Washington

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Speaker 2: and come back with not much, nothing less than ten

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Speaker 2: percent and not a marvelous deal really to boast for it.

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Speaker 2: So I think we just have to buy our time

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Speaker 2: for the time being. But make no mistake about it,

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Speaker 2: this is difficult for New Zealand exporters.

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Speaker 1: Yeah, I bet it strikes me that what the Prime

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Speaker 1: Minister is probably trying to do with the language that

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Speaker 1: he is using at the moment, is not to draw

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Speaker 1: attention to New Zealand. Is that fair?

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Speaker 2: I suspect that is the case. You know, we want

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Speaker 2: to make ourselves a small target. But he has been

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Speaker 2: pretty outspoken about the need to develop a dialogue with

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Speaker 2: the EU and CPTPP partners for example. That's an extremely

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Speaker 2: good idea, and you know, I hope that before too

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Speaker 2: long we'll see him going to China and doing what

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Speaker 2: he has to do there as well. Of course, he's

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Speaker 2: launched this FTA negotiation with India. These are all the

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Speaker 2: things that we have to be doing to create more

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Speaker 2: options for our exporters at the best of times and

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Speaker 2: indeed at the worst of times that we face in

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Speaker 2: the United States right now.

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Speaker 1: Absolutely, Stephen, thank you very much for your time. Appreciate it.

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Speaker 1: Stephen Jacoby, former trade negotiator.

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Speaker 2: For more from Heather Duplessy Allen Drive, listen live to

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