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Speaker 1: You know how, we're a big free trade country. It's

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Speaker 1: our thing. We explored a lot, we earn a lot,

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Speaker 1: we sell, we get richer. And you want open supply chains,

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Speaker 1: you want free movement of goods across borders and through

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Speaker 1: the ocean, et cetera, et cetera. We like it. It's

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Speaker 1: what we want. Well, today Trump and She of China

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Speaker 1: are finally going to sign a deal. Well we hope

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Speaker 1: that they will sign a deal or the framework of

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Speaker 1: a deal to finally bring an end to this trade war.

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Speaker 1: And this should in theory benefit both of them, the region,

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Speaker 1: and then by extension US. This is a good thing.

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Speaker 1: We're also today going to likely see our dairy consumer

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Speaker 1: brands sold off to the French and a deal worth

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Speaker 1: north of four billion dollars, an incredible sum of money. Also,

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Speaker 1: you got to say a good thing. Yesterday Westpac came

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Speaker 1: out with some research which was actually quite interesting. I

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Speaker 1: was going to mention it earlier in the program. They

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Speaker 1: reckon our GDP wasn't actually that bad in the Durne quarter,

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Speaker 1: you know the blip, you know, the horror show. They

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Speaker 1: revised down their estimate of a zero point nine percent

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Speaker 1: backwards read to just zero point one percent backwards. I know,

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Speaker 1: quite the revelation they reckon. It all came down to

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Speaker 1: an accounting glitch to do with the closure of Marsden

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Speaker 1: Point refinery in Northland. This was several years ago. It's

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Speaker 1: an interesting story interest dot co dot is. They go

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Speaker 1: and have a look of it, Go and have a

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Speaker 1: look at it. In all of these stories, though, there

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Speaker 1: are two ideologies playing out. Are we this free trade,

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Speaker 1: open the door, globalist sort of a country, or are

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Speaker 1: we the Winston Peters protections, don't sell your milk brands,

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Speaker 1: keep Marsden Point open for goodness sakes? What kind of

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Speaker 1: country are we? Are we New Zealand first, because the

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Speaker 1: more countries out there who are protecting themselves, the greater

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Speaker 1: the argument comes for us to actually do the same,

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Speaker 1: you know, and we are quite vulnerable those trade routes

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Speaker 1: that I spoke about, those supply chains. When they break down,

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Speaker 1: it's a bit like a computer, great thing or a

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Speaker 1: cell phone, wonderful thing. It's working and once it goes

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Speaker 1: to put you shook it. So what sort of a

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Speaker 1: country are we? We are kind of facing and grappling

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Speaker 1: with that question almost on a weekly basis. At the Moment.

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Speaker 1: For more from Early Edition with Ryan Bridge, Listen live

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