1 00:00:00,200 --> 00:00:03,480 Speaker 1: Luxon landing back in New Zealand any moment now. After 2 00:00:03,600 --> 00:00:06,400 Speaker 1: the APEX Summit wrapped up in Lima, Peru, New Zealand 3 00:00:06,400 --> 00:00:09,600 Speaker 1: secured trade deals with Costa Rica, Switzerland and Iceland during 4 00:00:09,600 --> 00:00:13,200 Speaker 1: the summit, removing tariff on wood and wool products. I'll 5 00:00:13,200 --> 00:00:14,720 Speaker 1: tell you more about that in a second, because it 6 00:00:14,760 --> 00:00:17,759 Speaker 1: is quite interesting. Luxon having his first meeting with SHE, 7 00:00:18,360 --> 00:00:22,239 Speaker 1: his first meeting with the Indonesia, Indonesians, the Vietnamese, Peru, Chile, 8 00:00:22,680 --> 00:00:25,680 Speaker 1: his first formal meeting with the new Japanese Prime minister, 9 00:00:25,960 --> 00:00:28,640 Speaker 1: and he said see later Biden Robert Patman's I Target 10 00:00:28,720 --> 00:00:31,800 Speaker 1: University's International relations expertience with us Live. Good morning, Good 11 00:00:31,800 --> 00:00:33,560 Speaker 1: morning Ryan, great to have you on the show. 12 00:00:34,000 --> 00:00:35,000 Speaker 2: Tell me thank you. 13 00:00:35,120 --> 00:00:37,640 Speaker 1: What did you make of that meeting with Luxon and She? 14 00:00:39,560 --> 00:00:44,400 Speaker 2: I thought the De Luxe She meeting went as well 15 00:00:44,400 --> 00:00:47,760 Speaker 2: as could be expected. As mister Luxon quite candidly said, 16 00:00:48,280 --> 00:00:50,760 Speaker 2: there are real points of convergence, but there's also points 17 00:00:50,760 --> 00:00:56,120 Speaker 2: of divergence. And amongst his diverging points were the fact 18 00:00:56,240 --> 00:01:00,520 Speaker 2: that we don't see eye to I on news China's 19 00:01:00,600 --> 00:01:04,360 Speaker 2: role in the South Pacific see area, and we also 20 00:01:04,520 --> 00:01:08,679 Speaker 2: don't really see itoy over the utility of ORCUS in 21 00:01:08,760 --> 00:01:11,800 Speaker 2: the Indo Pacific region. So but putting those points aside, 22 00:01:11,840 --> 00:01:15,520 Speaker 2: it was I think the meeting went very well and 23 00:01:15,760 --> 00:01:18,200 Speaker 2: they seem to agree to disagree without the whole thing 24 00:01:18,400 --> 00:01:21,200 Speaker 2: poisoning the atmosphere. And the fact that mister Luxelm got 25 00:01:21,240 --> 00:01:26,640 Speaker 2: invited into China within the next few months I think 26 00:01:26,760 --> 00:01:30,400 Speaker 2: is good because at the time, China remains our biggest 27 00:01:30,400 --> 00:01:33,600 Speaker 2: trade partner, Unlike the United States. China gave us a 28 00:01:33,600 --> 00:01:39,160 Speaker 2: free trade agreement, and it's important to consolidate that relationship 29 00:01:39,200 --> 00:01:41,959 Speaker 2: at a time when the new Trump administration seems poised 30 00:01:41,959 --> 00:01:47,200 Speaker 2: to impose blanket tariffs on its trading partners. 31 00:01:47,400 --> 00:01:50,720 Speaker 1: Now they have obviously, the Chinese have expressed concern about 32 00:01:50,800 --> 00:01:53,200 Speaker 1: ucust Pillar two. They're worried about what it could mean 33 00:01:53,240 --> 00:01:56,400 Speaker 1: for the region, and it's the US getting into Asia Pacific, etc. 34 00:01:58,640 --> 00:02:00,400 Speaker 1: And we are on the fence at the monk about 35 00:02:00,440 --> 00:02:02,360 Speaker 1: signing it. Right, we are saying, still reading the details, 36 00:02:02,400 --> 00:02:04,880 Speaker 1: still reading the teles, we'll figure it out as we go. 37 00:02:05,920 --> 00:02:07,800 Speaker 1: What if the US sweetened the deal and saying, hey, 38 00:02:07,840 --> 00:02:09,959 Speaker 1: we'll exempt you from trade terrorists if you sign. 39 00:02:11,760 --> 00:02:15,680 Speaker 2: Well, that's a possibility. But you know what, I don't 40 00:02:15,720 --> 00:02:18,280 Speaker 2: think that there was a signal that mister Luckson gave. 41 00:02:20,120 --> 00:02:23,359 Speaker 2: I think there's a border concern here. New Zealand, unlike 42 00:02:23,400 --> 00:02:26,560 Speaker 2: the United States, has a huge state in what's called 43 00:02:26,600 --> 00:02:30,320 Speaker 2: international rules based or the both insecurity terms and trade terms. 44 00:02:30,840 --> 00:02:34,040 Speaker 2: We've been very concerned by the undermining of the wto 45 00:02:34,200 --> 00:02:37,760 Speaker 2: the World Trade Organization by both the Trump administration between 46 00:02:37,800 --> 00:02:41,480 Speaker 2: twenty seventeen twenty twenty and also the Biden administration as well. 47 00:02:42,120 --> 00:02:47,200 Speaker 2: And mister Trump's protectionism doesn't sit well with our position. 48 00:02:47,360 --> 00:02:51,959 Speaker 2: So I think we'd be obviously open to negotiation exemption, 49 00:02:52,160 --> 00:02:55,240 Speaker 2: but I think we'd have a broader concern about mister 50 00:02:55,320 --> 00:02:58,520 Speaker 2: Trump's protection and having an effect on global trade, in 51 00:02:58,560 --> 00:03:01,520 Speaker 2: which of course we have a big stake. So in short, Ryan, 52 00:03:02,560 --> 00:03:05,240 Speaker 2: I think we'd be open to negotiating exemption, but not 53 00:03:05,280 --> 00:03:09,160 Speaker 2: at the expense of our position of protectionism in general. 54 00:03:09,400 --> 00:03:12,959 Speaker 1: If we did sign it, how what reaction could we 55 00:03:13,000 --> 00:03:15,200 Speaker 1: get from China? Because the Ausies have gone are there 56 00:03:15,400 --> 00:03:18,160 Speaker 1: for opinion for a pound, and they haven't had much 57 00:03:18,400 --> 00:03:21,000 Speaker 1: a way of a stern reaction in China. 58 00:03:20,919 --> 00:03:23,600 Speaker 2: But they're in a quality ofly different position to us. 59 00:03:23,600 --> 00:03:27,200 Speaker 2: They've always been closer to the US, and so China 60 00:03:27,200 --> 00:03:31,520 Speaker 2: look at them in that regard. And secondly, China's trade relationship. 61 00:03:32,560 --> 00:03:36,080 Speaker 2: They import a lot of minerals from Australia. They've also 62 00:03:36,240 --> 00:03:39,680 Speaker 2: had tenser relations with China. They sanctioned them, I think 63 00:03:39,720 --> 00:03:45,320 Speaker 2: in twenty twenty twenty one. So I would hesitate to 64 00:03:45,400 --> 00:03:49,200 Speaker 2: draw the parallel it China sees New Zealand is much 65 00:03:49,200 --> 00:03:52,520 Speaker 2: more of an independent player in the Asia Pacific. We've 66 00:03:52,520 --> 00:03:55,200 Speaker 2: got to make up our own mind. I'm a bit 67 00:03:55,200 --> 00:03:58,120 Speaker 2: of a skeptic in August myself, but I was struck 68 00:03:58,160 --> 00:04:01,040 Speaker 2: by the fact that mister Bucks said, on the one hand, 69 00:04:01,080 --> 00:04:03,040 Speaker 2: he thought it was generally a positive sy on the 70 00:04:03,040 --> 00:04:06,960 Speaker 2: other hand, he said it may not necessarily be the 71 00:04:07,040 --> 00:04:10,280 Speaker 2: right thing for New Zeom or implied that. And so yeah, 72 00:04:10,480 --> 00:04:12,760 Speaker 2: he's keep You're quite right. I think he's keeping his 73 00:04:12,840 --> 00:04:15,920 Speaker 2: powder dry, so to speak. I think the advent of 74 00:04:15,960 --> 00:04:20,080 Speaker 2: the Trump administration has really complicated New Zeue's decision making 75 00:04:20,600 --> 00:04:24,440 Speaker 2: around ORCUS. I mean, after all, many key wes will 76 00:04:24,480 --> 00:04:27,159 Speaker 2: be upset, whether they are left right or center, if 77 00:04:27,200 --> 00:04:31,479 Speaker 2: we got even closer to a country was effectively trying 78 00:04:31,520 --> 00:04:34,720 Speaker 2: to impose tariff on us or some of our. 79 00:04:34,720 --> 00:04:37,040 Speaker 1: Writtens exactly, which is why you would think. I mean, 80 00:04:37,040 --> 00:04:39,240 Speaker 1: if you were going, if you were going to put 81 00:04:39,240 --> 00:04:41,160 Speaker 1: pen to paper, you would want some What I would 82 00:04:41,200 --> 00:04:45,719 Speaker 1: want to assuage me, I would like some sweetener, thank 83 00:04:45,720 --> 00:04:47,880 Speaker 1: you very much, in the way of an exemption from tariffs. 84 00:04:47,880 --> 00:04:50,000 Speaker 1: But that's just me. Robert, Thank you very much to you. 85 00:04:50,000 --> 00:04:51,960 Speaker 1: Analysis is always great to have you on the show. 86 00:04:52,000 --> 00:04:55,800 Speaker 1: That is Professor Attaging Avis, the international relations expert Robert 87 00:04:55,839 --> 00:04:56,760 Speaker 1: Petman News Talks. 88 00:04:56,760 --> 00:04:59,880 Speaker 2: He'd be for more from early edition with Ryan brit 89 00:05:00,360 --> 00:05:03,760 Speaker 2: Listen live to News Talks. It'd be from five am weekdays, 90 00:05:04,040 --> 00:05:06,080 Speaker 2: or follow the podcast on iHeartRadio