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Speaker 1: Our top trade diplomats heading to the States as we

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Speaker 1: speak to try and bargain down our tariff rate on

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Speaker 1: exports to the US. We've been hit with fifteen percent

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Speaker 1: on Friday. Australia got away with ten. Our trade Minster

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Speaker 1: Todd McClay will plead his case in the coming week.

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Speaker 1: So what does the industry make of it all? Kate

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Speaker 1: Eckland Beef for Nam New Zealand chair with us this morning. Kay,

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Speaker 1: Good morning, morning Ryan. What is this a big difference

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Speaker 1: for exporters?

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Speaker 2: Oh? Look, we're incredibly disappointed and the main reason is

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Speaker 2: it places our farms and exporters at a clear competitive disadvantage.

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Speaker 2: And what's one of our most valuable markets. So to

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Speaker 2: be on a different rate from Australia or Uruguay or Argentina,

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Speaker 2: that's quite significant.

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Speaker 1: Are they all on ten?

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Speaker 2: Yeah, those guys are all on ten. So only Brazil

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Speaker 2: and Nicauegra are currently facing higher additional tariffs than New Zealander.

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Speaker 1: The mining what would that do to our sales and

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Speaker 1: volumes potentially?

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Speaker 2: Well, I think that would make it very difficult to

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Speaker 2: pass that cost on, you know, so that would be

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Speaker 2: something that farmers and esporders would have to have to

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Speaker 2: absorbit this end. And you know, five percent might not

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Speaker 2: sound like much, but you know, the extra that extra

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Speaker 2: tariff is we're looking at over three hundred million dollars

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Speaker 2: more than we were paying a year ago, assuming that

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Speaker 2: you trade level stayed the same.

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Speaker 1: So that's that includes a TEP. That's the full fifteen

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Speaker 1: percent you mean, not the difference between ten and five. Yeah, yeah, yes, okay,

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Speaker 1: So it's well worth us sending over our diplomatic representations

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Speaker 1: and you know, kicking up a fuss as much as

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Speaker 1: we can. Are you happy with how the government's handled

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Speaker 1: this on your behalf thus far?

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Speaker 2: We Look, it's been a very tricky situation and as

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Speaker 2: everyone knows, quite unpredictable. So look, I think the approach

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Speaker 2: you Zeland had was right, but obviously now is the

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Speaker 2: time to do something. So it's great that the minister's

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Speaker 2: heading up there, and yeah, do you need it to happen?

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Speaker 1: What are you hearing about? What it is that their

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Speaker 1: justification is for it?

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Speaker 2: Look, we haven't heard anything that it was quite a surprise.

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Speaker 2: So you haven't heard any reason for this, okay?

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Speaker 1: And what's your How often are they keeping you updated?

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Speaker 1: Our government? That is?

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Speaker 2: Look, we're in pretty constant contact with our government officials

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Speaker 2: both here in New Zealand but also over in DC.

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Speaker 2: So you know there is a great team over in DC.

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Speaker 2: We've also got stuff over there, so you know it

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Speaker 2: is quite a collective team New Zealand effort.

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Speaker 1: Okay, Kate, appreciate your time this morning. Good luck Kate Eckland,

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Speaker 1: who's been the name New Zealand share with us? Just

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Speaker 1: gone seventeen minutes after five. It's sort of scratched your

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Speaker 1: head stuff, isn't it when you've got a trade surplus. Yes,

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Speaker 1: we have a trade surplus, but it's you know, two

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Speaker 1: for to bugger all to the American Is this just

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Speaker 1: just an excuse, a blanket excuse to take some money

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Speaker 1: off other countries you trade with. It looks like that

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Speaker 1: to me. 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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Speaker 1: or follow the podcast on iHeartRadio.