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Speaker 1: Jamie McKay, host of the Countries with Us right now, Hey,

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Speaker 1: Jamie Goda, Heather, what was Luxon doing at Mystery Creek?

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Speaker 2: Well, some would say he was preaching to the choir.

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Speaker 2: This is the first of a three stop tour along

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Speaker 2: with Federated Farmers Chrystopher Luxe and Todd McLay Restoring Farmer

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Speaker 2: Confidence Tour. But apparently the TV networks weren't that interested

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Speaker 2: in this hay seed Ekoi Heather, because there was a

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Speaker 2: very little coverage, although I hadn't been through both the

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Speaker 2: network news feeds tonight to confirm or deny that. Look,

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Speaker 2: Federated Farmers have launched this three stop tour with the

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Speaker 2: PM and it has one aim and one aim only,

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Speaker 2: and that's to restore Keywi farmer's confidence today at Mystery Creek,

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Speaker 2: Friday at the Ashburton Events Center, and then next Wednesday

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Speaker 2: at the y Mumu Field Day site which is just

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Speaker 2: outside of Gore. So no doubt I'll get a very

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Speaker 2: eager reception. I think seven hundred farm or something there today.

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Speaker 2: But once again, yeah, to be honest, this government probably

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Speaker 2: couldn't do any more for farming or farmers if it

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Speaker 2: tried so maybe he is preaching to the choir.

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Speaker 1: Yeah, but remember he's fighting within his own team, right,

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Speaker 1: So he wants Luxon, wants the farmers to vote for him,

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Speaker 1: and a lot of them vote for Acts.

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Speaker 2: Now, well, i'll tell you what. The other thing here

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Speaker 2: that a lot of them vote for New Zealand first. Shane,

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Speaker 2: Dan's and Winston are very very popular with the farmers,

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Speaker 2: especially the old Prince of the provinces, mar too ashamed

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Speaker 2: with no nonsense, anti wokee rhetoric goes down like a

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Speaker 2: nice Emerson's Mackay's.

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Speaker 1: Followed by a packet of chippies. Are they Heartland chippies?

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Speaker 1: Is that what they are?

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Speaker 2: Yeah?

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Speaker 1: Yeah, that plugging Yeah, Sultan Vina go obviously, Hey, what's

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Speaker 1: Rabobank saying about Donald Trump coming back to the White

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Speaker 1: House and the implications for US?

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Speaker 2: Well, it's interesting what Trump could mean for US. I mean,

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Speaker 2: the news is mainly bad news, believe it or not.

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Speaker 2: That the one real upside for US as an exporting

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Speaker 2: nation appears to be that with Donald Trump or an

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Speaker 2: impending Trump presidency when he a second shift at the

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Speaker 2: White House will lower the exchange rate. That's going to

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Speaker 2: be beneficial for US. But when he gets in, there's

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Speaker 2: going to be tax cuts to regulation, high defense spending.

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Speaker 2: Tariffs tariff's are the big one. All of these likely

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Speaker 2: to lead to higher inflation, according to Rabobank, which will

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Speaker 2: mean slower growth, domestic product growth, and increased budget deficits.

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Speaker 2: Now Trump's talked about these tariffs ten to twenty percent

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Speaker 2: across the board, sixty percent on Chinese imports, even up

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Speaker 2: to one hundred percent on Chinese electric vehicles imported from Mexico. Now,

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Speaker 2: all of these negative things could mean that the Federal

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Speaker 2: Reserve pauses rate the rate cutting cycle intrast rate cutting

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Speaker 2: cycle in twenty twenty five. We've got our ocr announcement tomorrow.

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Speaker 2: It will be interesting to see what flow on effect

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Speaker 2: that has for US. And saying that the outside of

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Speaker 2: this equation is the stronger a US dollar obviously is

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Speaker 2: good for US. It's going to be good for New

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Speaker 2: Zealand grain, oil, seed, dairy and beef exports. The downsiders

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Speaker 2: a lot of these countries that have big trade surpluses

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Speaker 2: with the US, such as Indonesia, Vietnam, South Korea, Japan,

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Speaker 2: and China, could create economic pressure there that's bad for

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Speaker 2: US because we export to them.

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Speaker 1: Too right, Jamie, thank you. Enjoy your beer. That's Jamie mckaye,

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Speaker 1: host of the Country. For more from Heather Duplessy, Allen Drave.

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Speaker 2: Listen live to news Talks it'd be from four pm weekdays,

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Speaker 2: or follow the podcast on iHeartRadio