1 00:00:00,120 --> 00:00:05,120 Speaker 1: So yesterday we heard from the former Prime Minister John Kee. 2 00:00:05,120 --> 00:00:05,680 Speaker 1: Have a listen. 3 00:00:05,960 --> 00:00:08,080 Speaker 2: There is some downsides for New Zealand. I'm not trying 4 00:00:08,080 --> 00:00:11,640 Speaker 2: to sugarcoat that, and they do concern me because we 5 00:00:11,680 --> 00:00:16,160 Speaker 2: need trade. But I think it won't all be the 6 00:00:16,200 --> 00:00:18,480 Speaker 2: won't all be negative. It won't will be one way traffic. 7 00:00:18,640 --> 00:00:21,639 Speaker 1: The downsides. He's talking about Trump's tariffs and we have 8 00:00:21,720 --> 00:00:24,440 Speaker 1: a number for you now from since partners could cost 9 00:00:24,480 --> 00:00:28,440 Speaker 1: our economy one point seven billion dollars every year. Nathan 10 00:00:28,520 --> 00:00:31,400 Speaker 1: Guy is with the Meat Industry Association. He's the chair. 11 00:00:31,440 --> 00:00:34,840 Speaker 1: He's currently up in Shanghai having meetings and attending an expo, 12 00:00:34,920 --> 00:00:38,600 Speaker 1: an export expo. Great to have you on the show, Nathan. 13 00:00:38,680 --> 00:00:40,840 Speaker 1: We had John Key on the shows today. You would 14 00:00:40,840 --> 00:00:43,280 Speaker 1: have heard he said, not sugar coating this. Tariffs will 15 00:00:43,280 --> 00:00:45,599 Speaker 1: be terrible for us. Do you agree this is a 16 00:00:45,600 --> 00:00:46,280 Speaker 1: big problem? 17 00:00:46,520 --> 00:00:49,560 Speaker 3: Oh, well, potentially. We just don't know at the moment. Ryan. 18 00:00:49,960 --> 00:00:52,440 Speaker 3: We all like certainty, but on the back of the 19 00:00:52,560 --> 00:00:55,440 Speaker 3: new Trump administration, I guess we're all a bit concerned. 20 00:00:55,440 --> 00:00:58,200 Speaker 3: But we're just going to have to breathe through it 21 00:00:58,240 --> 00:01:00,000 Speaker 3: over the next couple of months and see what happened 22 00:01:00,080 --> 00:01:02,680 Speaker 3: and hell of a lot of speculation. No one quite knows, 23 00:01:02,800 --> 00:01:04,760 Speaker 3: but certainly if there is a tariff of ten or 24 00:01:04,800 --> 00:01:08,639 Speaker 3: twenty percent, it will impact the primary sector pretty hard. 25 00:01:08,760 --> 00:01:12,560 Speaker 3: But ultimately it's going to hurt the US consumers even 26 00:01:12,640 --> 00:01:14,839 Speaker 3: harder because they're going to have to pay more for 27 00:01:15,080 --> 00:01:18,160 Speaker 3: the likes of red meat or burger patties that we produce. 28 00:01:18,520 --> 00:01:21,319 Speaker 1: Do you think because we produce food, we might be 29 00:01:21,319 --> 00:01:23,800 Speaker 1: in a better position because Trump might not want to 30 00:01:23,880 --> 00:01:27,320 Speaker 1: increase tariffs and therefore prices on food items. 31 00:01:28,160 --> 00:01:31,080 Speaker 3: I'm hoping that because of our reputation that we can 32 00:01:31,160 --> 00:01:36,520 Speaker 3: keep our head down and hopefully miss a massive tariff implication. 33 00:01:37,280 --> 00:01:40,080 Speaker 3: I'm also mindful of the fact that they've had a 34 00:01:40,120 --> 00:01:44,480 Speaker 3: massive drought over there and the beef herd has been decimated. 35 00:01:44,640 --> 00:01:46,640 Speaker 3: It's going to take a couple of years to rebuild. 36 00:01:46,680 --> 00:01:50,800 Speaker 3: We're already seeing early indications are very strong pricing for 37 00:01:51,720 --> 00:01:54,200 Speaker 3: New Zealand grinding meat into the US. So if they 38 00:01:54,200 --> 00:01:55,960 Speaker 3: don't get it from US, they're going to have to 39 00:01:55,960 --> 00:01:59,080 Speaker 3: get it from somewhere else. I reckon our reputation is 40 00:01:59,120 --> 00:02:01,680 Speaker 3: going to be paramount up there, and it is. Our 41 00:02:01,720 --> 00:02:04,920 Speaker 3: reputation is really good. So here's hoping fingers and toes 42 00:02:05,080 --> 00:02:06,840 Speaker 3: cross that we can sneak through. 43 00:02:07,000 --> 00:02:09,440 Speaker 1: Our diplomats have got a big job in Washington, DC. 44 00:02:10,120 --> 00:02:12,360 Speaker 1: Is that would the top priority be some kind of 45 00:02:12,360 --> 00:02:15,000 Speaker 1: exemption like the Aussie's got with aluminium and steel. 46 00:02:15,720 --> 00:02:20,160 Speaker 3: That would be fantastic. Our ambassador up their banks has 47 00:02:20,160 --> 00:02:22,840 Speaker 3: got very close links to the Republican Party as I 48 00:02:22,919 --> 00:02:26,440 Speaker 3: understand it. Meat companies in New Zealand have got strong 49 00:02:26,480 --> 00:02:29,520 Speaker 3: links with customers through to the Republicans as well, So 50 00:02:30,040 --> 00:02:33,800 Speaker 3: I guess we'll try all of those different communication channels. 51 00:02:33,800 --> 00:02:36,400 Speaker 3: The relationship strong, so hopefully we can avoid it. 52 00:02:36,600 --> 00:02:38,800 Speaker 1: We're better off with banks than we would be with 53 00:02:38,919 --> 00:02:40,400 Speaker 1: Kevin Rudd by the sounds of it. 54 00:02:43,120 --> 00:02:44,160 Speaker 3: Yeah, I won't go there. 55 00:02:44,840 --> 00:02:49,359 Speaker 1: Hey, the estimated cost potential costs since partners reckons could 56 00:02:49,440 --> 00:02:53,359 Speaker 1: be one point seven six billion dollars to our exporters. 57 00:02:55,360 --> 00:02:58,200 Speaker 3: We're about eight billion of exports up in the US, 58 00:02:58,639 --> 00:03:02,200 Speaker 3: nearly three billion of red meat. It's very big market 59 00:03:02,240 --> 00:03:05,640 Speaker 3: for US. I don't know if it will be that much. 60 00:03:06,120 --> 00:03:08,680 Speaker 3: Once again, you know a lot of speculation. I think 61 00:03:08,680 --> 00:03:10,920 Speaker 3: we've just got to have cool heads, just work through it, 62 00:03:12,000 --> 00:03:15,880 Speaker 3: play the relationship card, honest brokers, and just see what happens. 63 00:03:15,800 --> 00:03:17,640 Speaker 1: Try and get as much into China, I suppose as 64 00:03:17,639 --> 00:03:20,919 Speaker 1: we can, which is why you're there. How fierst is competition. 65 00:03:22,400 --> 00:03:25,440 Speaker 3: Up here right now, very face, we had a very 66 00:03:25,480 --> 00:03:29,440 Speaker 3: successful FDA, We were the first, had the first move advantage. 67 00:03:29,480 --> 00:03:33,079 Speaker 3: There's forty two countries now that have got similar access 68 00:03:33,160 --> 00:03:37,000 Speaker 3: to what we've got. So we're pushing hard on our 69 00:03:37,080 --> 00:03:40,360 Speaker 3: Taste Pure Nature initiative, which is really selling our attributes 70 00:03:40,360 --> 00:03:44,440 Speaker 3: of grass fed high and nutrition and animals outdoors, all 71 00:03:44,480 --> 00:03:47,040 Speaker 3: of those fantastic things that our farmers do back in 72 00:03:47,160 --> 00:03:50,720 Speaker 3: enz world leading food safety standards, and there is a 73 00:03:50,720 --> 00:03:53,400 Speaker 3: few green shoots up here at the moment. We're seeing 74 00:03:53,440 --> 00:03:56,640 Speaker 3: that consumer spenders starting to tick up, so we're optimistic 75 00:03:56,720 --> 00:04:00,160 Speaker 3: that we can sell more into this market, but it's 76 00:04:00,160 --> 00:04:01,480 Speaker 3: still going to be a few headwinds. 77 00:04:01,600 --> 00:04:03,960 Speaker 1: Nathan, thank you very much for your time. I appreciate it. 78 00:04:04,160 --> 00:04:05,240 Speaker 3: Cheers, Ryan, thank you. 79 00:04:06,680 --> 00:04:08,920 Speaker 1: For more from early edition with Ryan Bridge. 80 00:04:09,000 --> 00:04:12,440 Speaker 3: Listen live to news Talks it'd be from five am weekdays, 81 00:04:12,720 --> 00:04:14,760 Speaker 3: or follow the podcast on iHeartRadio.