1 00:00:00,960 --> 00:00:15,520 Speaker 1: We will dat ud be at us out of the 2 00:00:15,600 --> 00:00:18,280 Speaker 1: UK and ten minutes time. How amazing is this? 3 00:00:18,280 --> 00:00:21,880 Speaker 2: Okay, tomorrow, when the All Blacks run out against the Irish, 4 00:00:22,200 --> 00:00:24,439 Speaker 2: it will be the six hundred and forty ninth time 5 00:00:24,560 --> 00:00:27,120 Speaker 2: that the All Blacks play. Let's round it up, let's 6 00:00:27,120 --> 00:00:29,600 Speaker 2: say six fifty. So the All Blacks have played six 7 00:00:29,680 --> 00:00:32,400 Speaker 2: hundred and fifty times tomorrow, and three hundred and fifty 8 00:00:32,440 --> 00:00:34,360 Speaker 2: of those games will have been called by Grantners. But 9 00:00:34,520 --> 00:00:37,120 Speaker 2: is that not amazing? I mean to be fair, Okay, 10 00:00:37,200 --> 00:00:41,040 Speaker 2: it's it's kind of like it's heavily stacked nowadays because 11 00:00:41,040 --> 00:00:42,760 Speaker 2: they play a lot more than they would have, you know, 12 00:00:42,760 --> 00:00:45,080 Speaker 2: in the years when they the years before Grantners, but 13 00:00:45,120 --> 00:00:46,960 Speaker 2: it would have been few and far between, would have 14 00:00:46,960 --> 00:00:49,480 Speaker 2: been the tests and stuff. But that is pretty incredible 15 00:00:49,520 --> 00:00:51,840 Speaker 2: to be the guy who is called well over half 16 00:00:51,880 --> 00:00:55,000 Speaker 2: of the All Blacks tests. That's incredible. Seventy four years old, 17 00:00:55,320 --> 00:00:58,160 Speaker 2: so heabes more years out of Grantner's. But thanks very much. 18 00:00:58,320 --> 00:01:01,080 Speaker 2: It's funny that actually came out today because I was 19 00:01:01,400 --> 00:01:03,760 Speaker 2: when I was watching the All Blacks England game last week, 20 00:01:04,160 --> 00:01:06,080 Speaker 2: I was listening to him and I just thought I 21 00:01:06,080 --> 00:01:07,880 Speaker 2: thought to myself, geez, what are we going to do 22 00:01:07,959 --> 00:01:10,600 Speaker 2: when we don't have I don't remember a time before grants, 23 00:01:10,640 --> 00:01:13,440 Speaker 2: but that does not exist for me. Nisbo's been them 24 00:01:13,480 --> 00:01:16,160 Speaker 2: my whole life. What do we do when Lisbou retires, 25 00:01:16,160 --> 00:01:18,600 Speaker 2: when he's like, right, that's good enough, had enough of talking, 26 00:01:19,560 --> 00:01:23,000 Speaker 2: or if he got laryngitis for like a month or 27 00:01:23,040 --> 00:01:25,119 Speaker 2: something like that, what would we do? Because I tell 28 00:01:25,120 --> 00:01:27,080 Speaker 2: you what, I wouldn't want to be the guy, likely 29 00:01:27,120 --> 00:01:30,480 Speaker 2: a guy filling Nisbo's shoes, would you? I mean, geez, 30 00:01:30,600 --> 00:01:32,640 Speaker 2: look at the hard time we gave Justin Marshall. The 31 00:01:32,640 --> 00:01:35,240 Speaker 2: one who fills in for Nisbo would be wow, hard 32 00:01:35,280 --> 00:01:38,800 Speaker 2: times twenty three away from seven either due to see LS. 33 00:01:38,840 --> 00:01:41,479 Speaker 2: Peter Lewis, Asia Business correspondent with US Now, Hey, Peter, 34 00:01:42,360 --> 00:01:45,479 Speaker 2: good evening, Heather is Asia treating the threats of these 35 00:01:45,520 --> 00:01:47,280 Speaker 2: tariffs by Trump as real? 36 00:01:48,360 --> 00:01:48,600 Speaker 1: Yes? 37 00:01:49,120 --> 00:01:52,360 Speaker 3: Absolutely. I mean they've had a couple of years now 38 00:01:52,400 --> 00:01:55,360 Speaker 3: to really prepare for this. They shouldn't be surprised because 39 00:01:55,400 --> 00:01:58,200 Speaker 3: this was always on the cards that Trump was going 40 00:01:58,280 --> 00:02:01,960 Speaker 3: to win. And also he's been pretty clear about what 41 00:02:02,040 --> 00:02:05,160 Speaker 3: he's going to do. And if you thought, you know, 42 00:02:05,320 --> 00:02:08,920 Speaker 3: Trump version one was like drinking whiskey. It was diluted 43 00:02:08,960 --> 00:02:11,480 Speaker 3: with some coke. This time, you're just taking the neat whiskey. 44 00:02:11,520 --> 00:02:15,040 Speaker 3: Because the things that is talking about doing are going 45 00:02:15,080 --> 00:02:17,799 Speaker 3: to be pretty drastic. In the case of China, he's 46 00:02:17,840 --> 00:02:23,560 Speaker 3: talking about sixty percent tariffs on all Chinese imports into 47 00:02:23,639 --> 00:02:28,280 Speaker 3: the US, ending the country's Most Favored Nation trading status 48 00:02:28,320 --> 00:02:31,640 Speaker 3: as well. So some economists are saying this could knock 49 00:02:32,360 --> 00:02:35,720 Speaker 3: two and a half percentage points off of China's GDP, 50 00:02:36,480 --> 00:02:39,440 Speaker 3: and then other countries around the region could easily get 51 00:02:39,520 --> 00:02:44,959 Speaker 3: dragged into the crosshairs of this, particularly Japan and South Korea. 52 00:02:45,320 --> 00:02:47,680 Speaker 3: I mean, companies have started to work out how to 53 00:02:48,080 --> 00:02:50,800 Speaker 3: sort of get around the tariffs, and they've been rooting 54 00:02:50,840 --> 00:02:54,760 Speaker 3: goods that normally go to China through other countries like Mexico, 55 00:02:54,840 --> 00:02:57,560 Speaker 3: for example. That Trump's got the measure of that, because 56 00:02:57,560 --> 00:03:01,079 Speaker 3: it's going to slap twenty percent tariffs on imports from 57 00:03:01,120 --> 00:03:04,399 Speaker 3: everywhere else. So it could be that there's no way 58 00:03:04,440 --> 00:03:07,799 Speaker 3: around this for some of the Asian countries. But as 59 00:03:07,800 --> 00:03:10,919 Speaker 3: I say, they've had time to draw up contingency plans, 60 00:03:10,919 --> 00:03:13,680 Speaker 3: I'm absolutely certainly have. They're going to have to pour 61 00:03:13,760 --> 00:03:16,560 Speaker 3: these out of the drawer now and start acting on them. 62 00:03:16,600 --> 00:03:19,280 Speaker 2: But Peter, I mean saying Trump is in the past. 63 00:03:19,880 --> 00:03:21,320 Speaker 2: This is the argument that was made to be Trump 64 00:03:21,440 --> 00:03:22,720 Speaker 2: is in the past, said a lot of stuff, and 65 00:03:22,720 --> 00:03:25,360 Speaker 2: they're not done it. For example, he went after NAFTA, 66 00:03:25,400 --> 00:03:27,320 Speaker 2: said it was the worst agreement in the history of 67 00:03:27,360 --> 00:03:30,120 Speaker 2: the world, and then he basically renegotiated the thing to 68 00:03:30,120 --> 00:03:31,800 Speaker 2: be about eighty five percent the same as what it 69 00:03:31,840 --> 00:03:33,600 Speaker 2: was before, and suddenly it was the best thing in 70 00:03:33,639 --> 00:03:35,920 Speaker 2: the world. Right. And at some point he is going 71 00:03:35,960 --> 00:03:38,400 Speaker 2: to realize that if you slap everything coming out of 72 00:03:38,440 --> 00:03:40,600 Speaker 2: China with a mass of tariff, you are going to 73 00:03:40,640 --> 00:03:42,520 Speaker 2: and a lot of it is componentry that goes into 74 00:03:42,520 --> 00:03:44,160 Speaker 2: other things, you're going to end up pushing the price 75 00:03:44,160 --> 00:03:47,600 Speaker 2: of that American product up so much it will be counterproductive. 76 00:03:47,680 --> 00:03:50,600 Speaker 2: So does he at some stage not actually like take 77 00:03:50,640 --> 00:03:52,840 Speaker 2: the tough talk, negotiate a little bit, and come out 78 00:03:52,840 --> 00:03:53,920 Speaker 2: the other side with a good deal. 79 00:03:55,080 --> 00:03:58,400 Speaker 3: Well, I don't think he sees it that way. Last time, 80 00:03:58,640 --> 00:04:00,640 Speaker 3: he and by his own admission on the problems he 81 00:04:00,720 --> 00:04:05,040 Speaker 3: had was he had established establishment people around him who 82 00:04:05,120 --> 00:04:07,920 Speaker 3: talked him out of doing some of the things that 83 00:04:07,960 --> 00:04:09,640 Speaker 3: he wanted to do, and he sees that as a 84 00:04:09,640 --> 00:04:12,320 Speaker 3: big mistake and is not going to make that same 85 00:04:12,360 --> 00:04:16,080 Speaker 3: mistake this time around. Is going to surround himself with loyalists. 86 00:04:16,440 --> 00:04:19,440 Speaker 3: He could well have a clean sweep of Congress, so 87 00:04:19,560 --> 00:04:22,280 Speaker 3: literally no one to oppose him, and just a lot 88 00:04:22,320 --> 00:04:25,320 Speaker 3: of yes men in his cabinet. So he's got, for example, 89 00:04:25,400 --> 00:04:30,120 Speaker 3: people like Robert Leipheiser, who was the former trade advisor, 90 00:04:30,440 --> 00:04:34,080 Speaker 3: who says tariffs are not inflationary, and he makes the 91 00:04:34,120 --> 00:04:38,400 Speaker 3: point that when Trump was last president, inflation never once 92 00:04:38,480 --> 00:04:42,720 Speaker 3: went above three percent during his first term. So you know, 93 00:04:42,800 --> 00:04:45,680 Speaker 3: Trump has convinced himself and has been told by some 94 00:04:45,720 --> 00:04:48,400 Speaker 3: of his closest advisers that this is not going to 95 00:04:48,400 --> 00:04:51,640 Speaker 3: put out prices for American consumers, and I think he 96 00:04:51,720 --> 00:04:55,640 Speaker 3: believes that now. Of course, economists, a lot of economists 97 00:04:55,640 --> 00:04:58,239 Speaker 3: say otherwise and say this is going to be hugely 98 00:04:58,320 --> 00:05:02,280 Speaker 3: damaging for the American It's going to be hugely inflationary. 99 00:05:02,800 --> 00:05:06,360 Speaker 3: If you try and deport these millions of migrants, that's 100 00:05:06,400 --> 00:05:09,360 Speaker 3: going to leave a huge hole in the American economy 101 00:05:09,400 --> 00:05:12,400 Speaker 3: as well. But he doesn't see any of that. Now 102 00:05:12,440 --> 00:05:16,400 Speaker 3: when the evidence comes and you do see this inflationary 103 00:05:16,400 --> 00:05:20,000 Speaker 3: spy because I'm sure will happen because the conditions this 104 00:05:20,080 --> 00:05:22,960 Speaker 3: time around are very difference, the economic conditions very different 105 00:05:23,279 --> 00:05:26,640 Speaker 3: from the first term. The damage will have already been 106 00:05:26,680 --> 00:05:30,800 Speaker 3: done in terms of damage to lost GDP, lost jobs 107 00:05:31,279 --> 00:05:31,840 Speaker 3: and so on. 108 00:05:33,160 --> 00:05:35,080 Speaker 2: Peter, what about Taiwan. Does he defend it? 109 00:05:36,200 --> 00:05:38,279 Speaker 3: Well, that's another question. I mean, there is going to 110 00:05:38,279 --> 00:05:42,280 Speaker 3: be a whole series of questions around security arrangements in Asia, 111 00:05:42,360 --> 00:05:47,479 Speaker 3: including Taiwan, Japan, South Korea. He's openly said he wants 112 00:05:47,560 --> 00:05:50,880 Speaker 3: countries to pay more for the defense. He sees it 113 00:05:50,920 --> 00:05:56,000 Speaker 3: as a transaction, as a transaction, not as America exercise 114 00:05:56,080 --> 00:06:00,279 Speaker 3: in global leadership. So he takes the view that will 115 00:06:00,320 --> 00:06:02,680 Speaker 3: do is will protect you, and you pay and you 116 00:06:02,760 --> 00:06:05,640 Speaker 3: buy some things off of us in return. So the 117 00:06:05,680 --> 00:06:09,279 Speaker 3: big question mark is where does Taiwan fit into his thinking. 118 00:06:09,400 --> 00:06:13,920 Speaker 3: He did just recently accused Taiwan of stealing the American 119 00:06:14,000 --> 00:06:17,560 Speaker 3: chip industry. He didn't explain how Taiwan was supposed to 120 00:06:17,600 --> 00:06:20,840 Speaker 3: have done that, but he was threatening to put tariffs 121 00:06:20,920 --> 00:06:25,000 Speaker 3: on companies like Taiwan's Semiconductor, which is the biggest chip 122 00:06:25,040 --> 00:06:28,920 Speaker 3: manufacturer in the world. This will also have a dramatic 123 00:06:28,960 --> 00:06:33,320 Speaker 3: impact on global supply chains. So you know, Taiwan is 124 00:06:33,360 --> 00:06:36,040 Speaker 3: also very much in the crosshairs. And I think in Taipei, 125 00:06:36,080 --> 00:06:38,960 Speaker 3: although they had been saying they have very good relations 126 00:06:39,000 --> 00:06:42,320 Speaker 3: with the US and they expect that to continue, I 127 00:06:42,320 --> 00:06:43,400 Speaker 3: think they must be worried. 128 00:06:43,839 --> 00:06:44,039 Speaker 1: Yeah. 129 00:06:44,120 --> 00:06:46,960 Speaker 2: Geez, Actually very interesting times here, doesn't it. Peter, Thanks 130 00:06:47,040 --> 00:06:48,280 Speaker 2: very much, talk to you in a week's time. That's 131 00:06:48,320 --> 00:06:50,560 Speaker 2: Peter Lewis, Asia Business correspondent out of Hong Kong. 132 00:06:51,400 --> 00:06:54,560 Speaker 1: For more from Hither Duplassy Alan Drive, listen live to 133 00:06:54,680 --> 00:06:55,200 Speaker 1: news talks. 134 00:06:55,200 --> 00:06:58,400 Speaker 2: It'd be from four pm weekdays, or follow the podcast 135 00:06:58,480 --> 00:06:59,520 Speaker 2: on iHeartRadio.