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Speaker 1: The age of globalization is dead. Trump has withdrawn America.

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Speaker 1: Now we're in an age of blocks, nations that agree

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Speaker 1: to trade with each other, nations that have commonality. So

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Speaker 1: who are our friends? And who are our friends that

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Speaker 1: we get on with, and who are our friends we

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Speaker 1: can trade with? China is our biggest trade friend, but

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Speaker 1: is China our friend friend? No? They not. So we're

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Speaker 1: now into a period of delicate negotiations and that's going

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Speaker 1: to cause less than perfect trade deals. Now what do

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Speaker 1: we do about America? Some have said the situation that

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Speaker 1: we are experiencing is not too bad ten percent as

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Speaker 1: we speak, But our trade with America is nine billion

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Speaker 1: are years are ten percent? Is near enough? A billion

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Speaker 1: dollars which is not inconsiderable. So what should we do?

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Speaker 1: The Trade Minister and the Prime Minister say it would

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Speaker 1: be foolish to retaliate. We're not in the same weight class.

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Speaker 1: That's true. I just had this random thought that maybe

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Speaker 1: we should go to the Trump playbook. We all know

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Speaker 1: that Trump likes to go big and then pull back

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Speaker 1: to his bottom line. So should we go back and say, okay,

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Speaker 1: let's call it five and then wait to see where

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Speaker 1: the cards lie? Who knows. What I do know though,

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Speaker 1: is that the world is in chaos Russia, China, Israel, Ukraine,

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Speaker 1: tariffs and inflation is lurking, and uncertainty has not gone away,

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Speaker 1: and people are wondering around using the D word every

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Speaker 1: now and then, depression. So it is a time for

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Speaker 1: circumspection and recognizing that the elephants are dancing and we

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Speaker 1: are but mice. For more from Early Edition with Ryan Bridge.

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Speaker 1: Listen live to News Talks it be from five am weekdays,

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