1 00:00:00,120 --> 00:00:03,600 Speaker 1: On the trade situation. The Prime Minister reckons it's unlikely 2 00:00:03,600 --> 00:00:05,720 Speaker 1: We're going to be able to change Donald Trump's mind 3 00:00:05,720 --> 00:00:07,760 Speaker 1: on the higher tariff that he slapped on New Zealand 4 00:00:07,800 --> 00:00:10,360 Speaker 1: came in at fifteen percent when Australia got slapped with 5 00:00:10,400 --> 00:00:13,360 Speaker 1: ten percent. Felicity Roxburgh is the director of the International 6 00:00:13,400 --> 00:00:16,599 Speaker 1: Business Forum and with us. Hey, Felicity, hi there. Do 7 00:00:16,640 --> 00:00:17,800 Speaker 1: you agree with the Prime Minister. 8 00:00:19,560 --> 00:00:24,000 Speaker 2: Well, we believe that it's worth. We welcome the decision 9 00:00:24,040 --> 00:00:27,720 Speaker 2: to go to Washington to press our case, to put 10 00:00:27,760 --> 00:00:30,640 Speaker 2: the word that we have a balanced trade profile with 11 00:00:30,720 --> 00:00:34,440 Speaker 2: the US and that we've sort of been hopefully inadvertently 12 00:00:34,640 --> 00:00:36,960 Speaker 2: caught up in the Trump tariff net. 13 00:00:38,680 --> 00:00:41,280 Speaker 1: Do you think that we'll be able to change Trump's mind. 14 00:00:43,680 --> 00:00:46,360 Speaker 2: It's going to be difficult. I think it's going to 15 00:00:46,360 --> 00:00:46,960 Speaker 2: be difficult. 16 00:00:47,440 --> 00:00:49,400 Speaker 1: I mean, listen, let's be honest about it, Felicity. So 17 00:00:49,440 --> 00:00:51,120 Speaker 1: we can stop getting our hopes up. Okay, So it's 18 00:00:51,200 --> 00:00:53,280 Speaker 1: unlikely to happen even if we did the things that 19 00:00:53,320 --> 00:00:55,360 Speaker 1: they would want, right, even if we removed all the 20 00:00:55,400 --> 00:00:57,760 Speaker 1: tariffs that we slap on. Their staff looked at the 21 00:00:57,760 --> 00:01:02,120 Speaker 1: biosecurity regime on us and Paul maybe bought some Boeings quicker, 22 00:01:02,200 --> 00:01:04,600 Speaker 1: so we could kind of you know, change the trade, 23 00:01:04,880 --> 00:01:06,960 Speaker 1: the balance of trade, even all of that stuff. They 24 00:01:07,000 --> 00:01:07,839 Speaker 1: still wouldn't budge. 25 00:01:09,720 --> 00:01:12,639 Speaker 2: Well, it's still we do believe it's still worth making 26 00:01:12,640 --> 00:01:15,840 Speaker 2: an attempt to go and talk to them. I mean 27 00:01:17,000 --> 00:01:19,200 Speaker 2: what the other thing to remember is that you know 28 00:01:19,240 --> 00:01:23,360 Speaker 2: that we have supported more or less the government's approach 29 00:01:23,520 --> 00:01:26,720 Speaker 2: up until now because it was a lot of downside 30 00:01:26,800 --> 00:01:29,720 Speaker 2: risk as well to negotiating. You know, it's very unpredictable 31 00:01:29,840 --> 00:01:31,760 Speaker 2: the situation, and if we'd gone there and made a 32 00:01:31,800 --> 00:01:34,840 Speaker 2: big noise, then we could have ended up in some 33 00:01:34,840 --> 00:01:37,199 Speaker 2: conversations that we didn't want to be in. And also, 34 00:01:37,920 --> 00:01:40,640 Speaker 2: you know ten percenters. There's very long queue of the 35 00:01:40,640 --> 00:01:43,640 Speaker 2: ten percent club, so we probably were at the end 36 00:01:43,640 --> 00:01:46,479 Speaker 2: of it. So, you know, the businesses aspect to they 37 00:01:46,840 --> 00:01:50,920 Speaker 2: understood and accepted the government's kind of head down years open. 38 00:01:51,920 --> 00:01:53,840 Speaker 1: The conversations that we might have ended up in that 39 00:01:53,880 --> 00:01:54,880 Speaker 1: we didn't want to end up in. 40 00:01:55,000 --> 00:01:59,000 Speaker 2: Are they China not necessarily? I mean, there's also the 41 00:01:59,040 --> 00:02:04,520 Speaker 2: pharmac piece that's been a difficulty for the government. The 42 00:02:04,600 --> 00:02:06,760 Speaker 2: US doesn't like our sort of single buyer model. We 43 00:02:07,160 --> 00:02:09,480 Speaker 2: do have defensive interests as well. 44 00:02:09,560 --> 00:02:11,640 Speaker 1: Okay, for Liicity, it's wonderful to talk to you. Thanks 45 00:02:11,639 --> 00:02:14,160 Speaker 1: for your expertise. That's Felicity Rocksborough, director of the International 46 00:02:14,160 --> 00:02:17,480 Speaker 1: Business Forum. For more from Heather dou Plassy Alan Drive, 47 00:02:17,680 --> 00:02:21,079 Speaker 1: listen live to news talks. It'd be from four pm weekdays, 48 00:02:21,200 --> 00:02:23,400 Speaker 1: or follow the podcast on iHeartRadio.