WEBVTT - What Does Trump’s Victory Mean for UK-US Relations?

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>Welcome to the City of London, the.

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<v Speaker 3>City of the City, the City of London.

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<v Speaker 2>Bank.

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<v Speaker 1>Please mind the gap.

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<v Speaker 2>Between the true and the the financial hearts of the country,

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<v Speaker 2>the city, the City.

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<v Speaker 3>Welcome to in the city.

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<v Speaker 2>Stand clear of the doors.

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<v Speaker 1>So what does a Trump victory mean for UK US relations?

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<v Speaker 1>So welcome to the City of Podcasts from Bloomberg about

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<v Speaker 1>the story is important to the City of London. I'm

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<v Speaker 1>Francis Laqua and I'm alecro Stratton, and I like where

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<v Speaker 1>the relationship between the US and the UK has really

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<v Speaker 1>always been described as a special one.

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<v Speaker 3>Yeah, and people just keep readefining special. It's like sometimes

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<v Speaker 3>it's showed shoulders something. Times it's Blair and Bush with

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<v Speaker 3>them with you know, hands in pockets.

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<v Speaker 1>And so we have this new special relationship like gra

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<v Speaker 1>in the hands of Donald Trump and Prime Minister Cure Starmer.

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<v Speaker 3>Yeah, they have to redefine it for yet another generation.

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<v Speaker 3>It's going to be very, very challenging for Kirs. Darmer

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<v Speaker 3>his team have made big efforts to reach out to

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<v Speaker 3>Trump's team. Let's see how they now work in practice.

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<v Speaker 3>But I think you have to credit them with the attempt.

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<v Speaker 3>I would not get too head up on the one

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<v Speaker 3>hundred labor activists going over to America's campaign. I think

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<v Speaker 3>it was ill advised, but it's happened. I think now

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<v Speaker 3>the question is how the UK navigates the threat of tariffs.

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<v Speaker 1>Yeah, I think it's undeniable and agree that the UK

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<v Speaker 1>probably needs the US some kind of special relationship. So

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<v Speaker 1>how could this new relationship change given the new leadership

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<v Speaker 1>on both sides of the Atlantic. That's the question we'll

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<v Speaker 1>try to address on today's show. And we're lucky enough

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<v Speaker 1>to be joined by Sir Nigel Shinwald. He has served

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<v Speaker 1>US for an policy and defense advisor to the Prime

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<v Speaker 1>Minister from two thousand and three to two thousand and seven,

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<v Speaker 1>and then he be the UK Ambassador to the US

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<v Speaker 1>from two thousand and seven to twenty twelve. Ambassador Seinvaul,

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<v Speaker 1>thank you so much for joining us. I mean it's

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<v Speaker 1>a pretty extraordinary political comeback, probably the biggest surprise in

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<v Speaker 1>recent history. What do you attribute that to?

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<v Speaker 2>Well, he has an amazing campaigning style and record now

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<v Speaker 2>and feeds into this selfishness and insularity in many publics

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<v Speaker 2>around the developed world since the recession, and probably enhanced

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<v Speaker 2>by enhanced by COVID and fanned by social media. So

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<v Speaker 2>it's a different political and media world from the one

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<v Speaker 2>and we have completely adjusted to that reality. We see

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<v Speaker 2>a version of it here in Europe, here in Britain

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<v Speaker 2>and elsewhere in Western Europe. And it's true that in Europe,

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<v Speaker 2>unlike in twenty sixteen, there are a few countries where

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<v Speaker 2>the dominant party is on the populace right. So things

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<v Speaker 2>have changed. Europe is still in a different position where

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<v Speaker 2>the traditional right is still mostly in charge or traditional

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<v Speaker 2>left parties. You know, this is a wake up call

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<v Speaker 2>to everyone in the center of Democrat politics.

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<v Speaker 1>But is this really a love of Trump policies maybe

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<v Speaker 1>going also towards more masculine traits for you know, the

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<v Speaker 1>young white but even lautin on black voters, or is

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<v Speaker 1>it a repudiation of the Harris message, especially in these

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<v Speaker 1>northern industrial states known as a blue one.

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<v Speaker 2>I think it shows that the economic and social issues

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<v Speaker 2>trump the political Trump trump the political ones for the

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<v Speaker 2>time being. So among Democrat voters, the issue of democracy

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<v Speaker 2>and the future of democracy clearly was a big issue

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<v Speaker 2>that it doesn't seem to have been a big issue

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<v Speaker 2>for the rest of the public. So the fact for

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<v Speaker 2>me that the Democrats, you know, lost on the economy,

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<v Speaker 2>and lost big on the economy, and weren't able to

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<v Speaker 2>make more of the fact that the US economy has

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<v Speaker 2>recovering and is in many is in any cases now

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<v Speaker 2>and in future in a very position, something we in

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<v Speaker 2>Europe rather envy. I think that ultimately is what lost

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<v Speaker 2>for the race, and the fact that immigration was never

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<v Speaker 2>a subject on which the Democrats were trying to be

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<v Speaker 2>competitive because of her personal weakness on that subject, and

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<v Speaker 2>because the Trump and the Republicans had bagged that as

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<v Speaker 2>an issue. I'm reluctant to go into the detail of

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<v Speaker 2>mail voters and all the rest of it. I don't

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<v Speaker 2>know that will well hold up in the end. I'm

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<v Speaker 2>sure there's something in all of that, but I go

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<v Speaker 2>back to fundamentals that Kamala Harris as a campaigner did

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<v Speaker 2>much better this time in twenty twenty. But she's not

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<v Speaker 2>a star perform and there are weaknesses in her offering

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<v Speaker 2>to the to the public, which meant that there was

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<v Speaker 2>a sort of limit to how far she could go.

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<v Speaker 2>And it's a surprise today because the over the weekend

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<v Speaker 2>polls looked much more balanced but at this time last week,

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<v Speaker 2>I think most people were looking at this sort of

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<v Speaker 2>victory for although not in the popular vote. I think

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<v Speaker 2>that's the big surprise that he came through so strongly

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<v Speaker 2>as across the country.

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<v Speaker 3>I mean, you're right, You're right, Nigel. The inquest is

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<v Speaker 3>already starting on the Democrat side. Some people this morning

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<v Speaker 3>saying this is this is more difficult for them to

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<v Speaker 3>process and digest than the Clinton loss. It is similar

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<v Speaker 3>in terms of these questions around is America ready for

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<v Speaker 3>a female president and so on, questions we can't answer

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<v Speaker 3>or hope to answer right now. But what's your sense

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<v Speaker 3>of whether there was anything they could do up against Trump?

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<v Speaker 2>I think the best chance would have been Biden doing

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<v Speaker 2>what he said, what he hinted he would do in

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<v Speaker 2>twenty twenty, and that is making clear halfway through his

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<v Speaker 2>term that he wasn't going to stand again and having

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<v Speaker 2>a genuine competition among Democrats for who might come through.

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<v Speaker 2>And I don't think it's necessarily the case that Kamala

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<v Speaker 2>Harris would have done. I mean, it was a it

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<v Speaker 2>was a dunge deal in July. The only way to

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<v Speaker 2>salvage the situation in July was to put his vice

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<v Speaker 2>president upfront. But you know, plainly there are others themselves,

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<v Speaker 2>largely untested on the on the biggest stage, who might

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<v Speaker 2>who might have come through and developed a rapport with

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<v Speaker 2>the American people be able to deal with Trump. But

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<v Speaker 2>I repeat, he's clearly exceptionally difficult to deal with on

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<v Speaker 2>the campaign trail. And you know what's extraordinary this time

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<v Speaker 2>is more what has happened in between. And if you

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<v Speaker 2>go from the sixth of January today, that's the that's

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<v Speaker 2>that's the the issue which founds Europeans and many others around.

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<v Speaker 3>The world, and that's that's why people are feeling it

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<v Speaker 3>is more challenging to the Democrat mindset than the Hillary

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<v Speaker 3>Clinton loss, because then it was, well, shucks, what you're

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<v Speaker 3>going to do. You're up against a famous TV presenter,

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<v Speaker 3>is so so, you know, fresh and direct and all

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<v Speaker 3>of this, whereas now it's you know, he has been

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<v Speaker 3>in court as much as he's been on the campaign trail,

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<v Speaker 3>and yet still this this clear victory.

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<v Speaker 2>Yeah. Absolutely, I mean, I think that most of the

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<v Speaker 2>things which have been proven in court cases, whether they've

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<v Speaker 2>been tried or just initiated. People sensed about Trump in

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<v Speaker 2>twenty sixteen and twenty twenty as well. It's true that

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<v Speaker 2>there's much more on the record than the more, but

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<v Speaker 2>they sensed this about him. They you know, it was there,

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<v Speaker 2>and the public you know, deliberately shows those who voted

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<v Speaker 2>for him in twenty twenty, the victory in twenty sixteen,

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<v Speaker 2>They shows someone with that sort of character fundamentally different

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<v Speaker 2>from the presidential character that you traditionally associate with, you know,

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<v Speaker 2>with the with the US. The other thing I'd say is,

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<v Speaker 2>you know, the Hillary Clinton was winning clearly, winning by

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<v Speaker 2>a month out in twenty I mean, Kamala Harris was

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<v Speaker 2>never clearly in the lead extended period. She was always

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<v Speaker 2>coming from behind Nidel.

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<v Speaker 1>What does this all mean for allies of the US? So, again,

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<v Speaker 1>because Donald Trump will have a cinemajority, he'll probably easily

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<v Speaker 1>clear his nominees the cabinet for the FED and so

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<v Speaker 1>policies will be implemented as he wants them. What does

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<v Speaker 1>that mean for the UK US relationship?

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<v Speaker 2>Well, I'm going to take one step back and just

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<v Speaker 2>go back to the last time round him, and I

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<v Speaker 2>agree with you. The implication of your question is that

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<v Speaker 2>there was a different type of cabinet officer last time,

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<v Speaker 2>and that's true. There were grown ups around in the

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<v Speaker 2>first term, Rex Tillerson, General Mattis, people in the National

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<v Speaker 2>Security Advisor slot who had a great deal of experience

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<v Speaker 2>and for much much more of the political experienced political center,

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<v Speaker 2>fair enough, but when it came to the big decisions,

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<v Speaker 2>they didn't actually get Trump to change his views. Even

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<v Speaker 2>his daughter didn't get him to change his views on climate.

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<v Speaker 2>He went ahead with his recognition of Jerusalem, he got

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<v Speaker 2>out of the IARM Deal, his confrontational stance on many issues,

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<v Speaker 2>and denigration of many European leaders and of NATO. That

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<v Speaker 2>all went on. Admittedly he didn't leave NATO, and certainly

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<v Speaker 2>that's going to be the case for the future. That

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<v Speaker 2>will be a battle for in the months ahead. But

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<v Speaker 2>for the UK government you've seen already some inkling of

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<v Speaker 2>how they'll try to deal with this to some degree

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<v Speaker 2>with his own base, Kirstan was taking a bit of

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<v Speaker 2>a risk by having dinner for two hours with Trump

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<v Speaker 2>in New York a couple of months ago, but that

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<v Speaker 2>was absolutely the right thing to do, as it was

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<v Speaker 2>for David Cameron to try and talk Trump through Ukraine

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<v Speaker 2>a little bit earlier in the year. So I think

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<v Speaker 2>that is right, it's inevitable that they should try, but

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<v Speaker 2>particularly with the prospect of a Trump unbound and fewer

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<v Speaker 2>balancing voices in the administration around him, and a much

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<v Speaker 2>more vengeful Trump than was the case in twenty In

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<v Speaker 2>twenty seventeen, I think that you know that here in

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<v Speaker 2>the UK and around the rest of Western Europe, people

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<v Speaker 2>have got to be a little bit cautious and careful.

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<v Speaker 2>I think of the leaders who tried to deal with

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<v Speaker 2>him last time around, the one who emerged with the

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<v Speaker 2>greatest credit was Angela Merkel. She wasn't openly hostile, but

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<v Speaker 2>she just stepped back a bit and said, look, I'm

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<v Speaker 2>not going to play the game of romance. So I

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<v Speaker 2>think an element of distance is correct working out our

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<v Speaker 2>own interests, and the big fundamental issue for the UK,

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<v Speaker 2>I think is accelerating our reset with Europe. There are

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<v Speaker 2>some political constraints on that, inevitably after the Brexit decision

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<v Speaker 2>eight years or so ago, but that I think is

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<v Speaker 2>where he's going to put Kis starmanis to put his

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<v Speaker 2>foot on the accelerator and particularly in the defense and

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<v Speaker 2>security area, really work much more closely with the other Europeans.

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<v Speaker 3>Do you talk deliquently about the diplomacy and the politics,

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<v Speaker 3>but what about the economics. I mean, this morning feels

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<v Speaker 3>to me like a very expensive morning for the UK

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<v Speaker 3>because you've got you know, we had a budget last

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<v Speaker 3>week and she hasn't she the Chancellor hasn't got much headroom.

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<v Speaker 3>And yet we now know that we are more likely

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<v Speaker 3>to have tariffs. Of course, the exact nature of them

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<v Speaker 3>is now you know, to be seen, but that will

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<v Speaker 3>be expensive for the UK unless we're very lucky. And

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<v Speaker 3>then secondly, he Donald Trump will want an increase in

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<v Speaker 3>defense spending and I don't see that they've got the

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<v Speaker 3>space to be able to do that increase.

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<v Speaker 2>Well, they're going to try and do some increase in

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<v Speaker 2>penn spending. George Robertson, as you know, is doing this

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<v Speaker 2>Defense review which will be published early next year, and

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<v Speaker 2>it's inconceivable that he won't recommend some form of defense.

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<v Speaker 2>They've trying to do a little bit more already in

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<v Speaker 2>the in last week's pod. Yet I agree it's a

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<v Speaker 2>hugely constrained area and with so many other demands which

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<v Speaker 2>are higher on people's agendas, health and education and all

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<v Speaker 2>the rest of it, that is going to be a

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<v Speaker 2>scrap inside government. Of course, you know, defense spending, by

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<v Speaker 2>comparison with the other big demands on public services, you know,

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<v Speaker 2>is a more manageable entry. But I agree with you

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<v Speaker 2>your your fundamental point. But the UK already is spending

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<v Speaker 2>about two and a half percent of GDP on defense,

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<v Speaker 2>so we're not the ones most in the American spotlight.

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<v Speaker 2>And I agree with you on tariffs, obviously, I think

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<v Speaker 2>he will pick and choose on tariffs. He will try

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<v Speaker 2>and divide and rule and cause a great deal of

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<v Speaker 2>disunity and trouble within the European pack. I don't know

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<v Speaker 2>whether we would therefore be given a little bit more leeway.

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<v Speaker 2>I just don't know. I agree with you that the

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<v Speaker 2>net result of any tariffs is going to be bad,

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<v Speaker 2>actually for both sides, will be bad for the American

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<v Speaker 2>consumer and the American public as well as as well

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<v Speaker 2>as for US. But I think that's an area where

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<v Speaker 2>he does have some flexibility and there will be an

0:12:35.240 --> 0:12:38.280
<v Speaker 2>element of differentiating which, you know, which in the Trump

0:12:38.320 --> 0:12:42.440
<v Speaker 2>world is bound to be fairly erratic and personal and

0:12:42.520 --> 0:12:44.320
<v Speaker 2>aggressively and aggressively done.

0:12:44.800 --> 0:12:47.360
<v Speaker 1>What's the right way of dealing with Donald Trump? So

0:12:47.600 --> 0:12:49.720
<v Speaker 1>one of the first things he said that you know

0:12:49.760 --> 0:12:52.400
<v Speaker 1>he would do as president, would be to negotiate a

0:12:52.400 --> 0:12:55.960
<v Speaker 1>peace deal with Russia on Ukraine. How does the Prime

0:12:56.000 --> 0:12:57.480
<v Speaker 1>Minister Starmer deal with that?

0:12:58.280 --> 0:13:00.120
<v Speaker 2>Well, I think the broad answer to the question and

0:13:00.240 --> 0:13:07.720
<v Speaker 2>is respectfully and working out how to argue these cases

0:13:08.280 --> 0:13:11.400
<v Speaker 2>according to American interests as well as well as our own.

0:13:11.440 --> 0:13:13.840
<v Speaker 2>You've got to present it to him as being not

0:13:14.000 --> 0:13:17.920
<v Speaker 2>just the sort of European morally better choice, but it's

0:13:18.000 --> 0:13:21.600
<v Speaker 2>having a positive impact on American interests. And I think

0:13:21.640 --> 0:13:25.560
<v Speaker 2>you can explain that that no one is against ultimately

0:13:25.640 --> 0:13:29.320
<v Speaker 2>doing a deal which ends the war. But I think

0:13:29.360 --> 0:13:32.240
<v Speaker 2>you'll find that any sort of balance deal is going

0:13:32.320 --> 0:13:34.320
<v Speaker 2>to be a very difficult with the Ukrainians. We all

0:13:34.320 --> 0:13:37.520
<v Speaker 2>know that. But I'm not sure that he's correctly calculated

0:13:37.600 --> 0:13:39.040
<v Speaker 2>if he thinks he can do it in a day

0:13:39.200 --> 0:13:42.920
<v Speaker 2>what the Rushia would, because there's no sign that for

0:13:43.040 --> 0:13:47.400
<v Speaker 2>putin anything other than abjects surrender by Ukraine is on

0:13:47.440 --> 0:13:50.679
<v Speaker 2>the cards in terms of his own political position. And

0:13:50.760 --> 0:13:53.080
<v Speaker 2>I think, you know, kids Starmer and others will have

0:13:53.080 --> 0:13:55.680
<v Speaker 2>to explain to Donald Trump, and I'm sure there'll be

0:13:55.679 --> 0:13:58.200
<v Speaker 2>lots of in the US too explained to him just

0:13:58.360 --> 0:14:03.200
<v Speaker 2>how toxic that would be for American positions and reputations,

0:14:03.360 --> 0:14:05.360
<v Speaker 2>whether or not they want to be a leading player

0:14:05.400 --> 0:14:07.360
<v Speaker 2>in future NATO or whatever. But I think it will

0:14:07.600 --> 0:14:11.079
<v Speaker 2>just affect his leadership position in the world, which I

0:14:11.120 --> 0:14:13.040
<v Speaker 2>think in a sort of way he wants. He wants

0:14:13.040 --> 0:14:15.000
<v Speaker 2>to have it both ways. He doesn't want to have

0:14:15.080 --> 0:14:17.920
<v Speaker 2>people saying we don't care about you, you're not a leader.

0:14:17.920 --> 0:14:21.320
<v Speaker 2>He likes the attention, likes to be deferred to. And

0:14:21.360 --> 0:14:23.840
<v Speaker 2>I think we've got we've got to try our best

0:14:24.200 --> 0:14:29.480
<v Speaker 2>to do two things. Number one, increase the European contribution

0:14:29.840 --> 0:14:34.440
<v Speaker 2>on to NATO and to Ukraine. Assume more of even

0:14:34.480 --> 0:14:37.280
<v Speaker 2>more of the leadership. Actually it's about half and half today,

0:14:37.320 --> 0:14:39.680
<v Speaker 2>it's not all America, so we need to do more

0:14:40.160 --> 0:14:43.480
<v Speaker 2>of that. But at the same time, keep America in

0:14:43.600 --> 0:14:46.000
<v Speaker 2>the game for the long run. And if they are

0:14:46.160 --> 0:14:51.880
<v Speaker 2>negotiating with Russia, do it in conjunction with NATO allies

0:14:51.920 --> 0:14:55.520
<v Speaker 2>and with Ukraine above all with Ukraine itself, and try

0:14:55.520 --> 0:14:58.480
<v Speaker 2>and try and work out the best, the best the

0:14:58.520 --> 0:15:02.600
<v Speaker 2>way through are genuinely acceptable deal in terms which Trump

0:15:02.640 --> 0:15:06.160
<v Speaker 2>himself might might might understand and warm too.

0:15:07.200 --> 0:15:09.920
<v Speaker 3>I mean, Nigel, with with your with your with your

0:15:10.000 --> 0:15:15.440
<v Speaker 3>diplomatic ambassadorial hat on. People have been saying the first

0:15:15.680 --> 0:15:20.760
<v Speaker 3>press conference between a convicted president, if that's the sort

0:15:20.800 --> 0:15:23.920
<v Speaker 3>of a way to put it. But you know, the Starmer,

0:15:24.080 --> 0:15:26.240
<v Speaker 3>prime minister who used to be in charge of the

0:15:26.280 --> 0:15:29.720
<v Speaker 3>CPS standing shoulder to shoulder with Donald Trump at the

0:15:29.720 --> 0:15:31.520
<v Speaker 3>press conference. We don't know when it will happen. It

0:15:31.520 --> 0:15:33.080
<v Speaker 3>maybe not be for a very long time, but it

0:15:33.080 --> 0:15:36.280
<v Speaker 3>will come. You know, the journalists on that day will

0:15:36.280 --> 0:15:38.000
<v Speaker 3>have a field day sort of trying to point up

0:15:38.040 --> 0:15:41.280
<v Speaker 3>the differences in disposition and character and so on. But

0:15:41.360 --> 0:15:44.600
<v Speaker 3>do you think there is a credible relations special relationship?

0:15:44.640 --> 0:15:46.320
<v Speaker 3>Do you think you know there is a there is

0:15:46.360 --> 0:15:50.600
<v Speaker 3>a you know, Prime Minister Starmer making himself If not

0:15:50.720 --> 0:15:55.280
<v Speaker 3>genuine friend of President Trump, then then useful.

0:15:55.400 --> 0:15:58.480
<v Speaker 2>I think useful. Yes, I think it's unlikely to be

0:15:58.520 --> 0:16:01.160
<v Speaker 2>a genuine friend of Donald Trump. I don't think Boris

0:16:01.200 --> 0:16:01.800
<v Speaker 2>Johnson was that.

0:16:02.000 --> 0:16:04.440
<v Speaker 3>It was a complicated relationship, Borison and brilliant.

0:16:04.800 --> 0:16:08.040
<v Speaker 2>It was close. And I think that that there's there's

0:16:08.120 --> 0:16:11.920
<v Speaker 2>every chance that Keir Starmer will be listened to. He's

0:16:11.920 --> 0:16:13.800
<v Speaker 2>going to be in power for five years. He's in

0:16:13.880 --> 0:16:17.800
<v Speaker 2>a very stable position himself, He's not of the same

0:16:17.840 --> 0:16:23.120
<v Speaker 2>political persuasions as Trump by any means, but I think

0:16:23.160 --> 0:16:26.600
<v Speaker 2>he he's a centrist, and I don't see any reason

0:16:26.720 --> 0:16:32.320
<v Speaker 2>why they shouldn't have a good working relationship. When the

0:16:32.400 --> 0:16:35.880
<v Speaker 2>term special relationship is used, it's supposed to mean more

0:16:35.920 --> 0:16:38.880
<v Speaker 2>than that. It's supposed to mean that each side sort

0:16:38.880 --> 0:16:41.280
<v Speaker 2>of picks up the phone on a regular basis, that

0:16:41.360 --> 0:16:45.080
<v Speaker 2>there's an underlying or appor on values and the sort

0:16:45.080 --> 0:16:49.200
<v Speaker 2>of worldview. That's much more difficult with Trump in any case,

0:16:49.680 --> 0:16:54.200
<v Speaker 2>I would say the specialness of the special relationship historically

0:16:54.240 --> 0:16:57.720
<v Speaker 2>has been waiting for his heyday under Churchill those years ago,

0:16:58.000 --> 0:17:01.480
<v Speaker 2>and Brexit has changed it. That has made the UK

0:17:03.080 --> 0:17:07.280
<v Speaker 2>a less consequential a life of the United States, less

0:17:07.359 --> 0:17:10.359
<v Speaker 2>able to perform that bridging rule. So things are changing

0:17:10.359 --> 0:17:13.879
<v Speaker 2>anyway in the overall, regardless of the personalities.

0:17:14.400 --> 0:17:16.400
<v Speaker 1>It's very difficult, I guess, to you know, think about

0:17:16.400 --> 0:17:19.879
<v Speaker 1>the special relationship. If we start by saying that Donald

0:17:19.880 --> 0:17:22.480
<v Speaker 1>Trump wants only loyalists in the cabinet, you wonder whether

0:17:22.520 --> 0:17:24.960
<v Speaker 1>his allies need to also be one hundred percent loyal

0:17:25.720 --> 0:17:29.360
<v Speaker 1>to the Trump policeason, the Trump agenda, And then it

0:17:29.400 --> 0:17:32.640
<v Speaker 1>includes how to deal with China how to deal with

0:17:33.000 --> 0:17:34.320
<v Speaker 1>even you know, in North Carolina direction.

0:17:34.520 --> 0:17:36.359
<v Speaker 3>And I think that's right Brant, and we are we

0:17:36.400 --> 0:17:39.800
<v Speaker 3>are unclear at sitting in London right now, which way,

0:17:39.840 --> 0:17:42.840
<v Speaker 3>for instance, at Milliband will come down on that question

0:17:42.920 --> 0:17:45.160
<v Speaker 3>of tarifs on Chinese cars, where the Europeans have been

0:17:45.240 --> 0:17:47.720
<v Speaker 3>very clear and Donald Trump will be wanting to see

0:17:47.720 --> 0:17:51.600
<v Speaker 3>clarity in firmness. I think for me, you know, clearly,

0:17:52.119 --> 0:17:56.040
<v Speaker 3>remember it wasn't long ago when President now President elect

0:17:56.040 --> 0:17:59.800
<v Speaker 3>Trump then Candidate Trump was you know, he understands politics

0:17:59.840 --> 0:18:02.960
<v Speaker 3>and power and as you say, Nigel, he could see

0:18:03.000 --> 0:18:06.000
<v Speaker 3>that kiss Armer had got a thumping majority. So lots

0:18:06.000 --> 0:18:08.040
<v Speaker 3>and lots. But I think that the wrinkle for me

0:18:08.200 --> 0:18:09.800
<v Speaker 3>is if you look at the fights that have then

0:18:09.840 --> 0:18:12.919
<v Speaker 3>forget about one hundred labor activists going over to the

0:18:12.920 --> 0:18:15.359
<v Speaker 3>States in the war over the battle, the legal battle

0:18:15.400 --> 0:18:18.639
<v Speaker 3>about whether that was very long, the Elon Musk and

0:18:18.680 --> 0:18:20.879
<v Speaker 3>the fact that kiss Armer and Elon Musk are you

0:18:20.920 --> 0:18:22.960
<v Speaker 3>know at loggerheads. That I think is troubling.

0:18:23.080 --> 0:18:25.720
<v Speaker 1>But I guess the question is, you know, in Nigel,

0:18:25.800 --> 0:18:27.520
<v Speaker 1>what does the UK need the US for?

0:18:28.280 --> 0:18:28.520
<v Speaker 2>Right?

0:18:28.640 --> 0:18:30.480
<v Speaker 1>Do they just need to make sure they don't make

0:18:30.520 --> 0:18:33.480
<v Speaker 1>an enemy of Donald Trump or do they actually need

0:18:33.560 --> 0:18:37.360
<v Speaker 1>active policies for the UK And what does that mean

0:18:37.440 --> 0:18:39.120
<v Speaker 1>for the UK's foreign policy agenda.

0:18:39.920 --> 0:18:46.040
<v Speaker 2>Well, Brexit means the whole terms that in foreign policy,

0:18:46.200 --> 0:18:49.720
<v Speaker 2>in the world, insecurity, the United States has become more

0:18:49.720 --> 0:18:53.119
<v Speaker 2>important to the UK than ever before. I'm afraid the

0:18:53.160 --> 0:18:56.879
<v Speaker 2>bare fact, you know, we've severed our institutional links with Europe.

0:18:56.920 --> 0:18:59.960
<v Speaker 2>We're trying to rebuild them very very slowly at the moment.

0:19:00.320 --> 0:19:03.720
<v Speaker 2>So I think America looms looms larger as a result

0:19:03.760 --> 0:19:08.200
<v Speaker 2>of our own decision in twenty sixteen over over the EU.

0:19:08.600 --> 0:19:10.760
<v Speaker 2>So it remains important to us. It's always been in

0:19:10.840 --> 0:19:15.080
<v Speaker 2>ourn equal relationship in many ways. So I think he

0:19:15.160 --> 0:19:17.439
<v Speaker 2>has to stick at it and will stick at it,

0:19:17.480 --> 0:19:20.680
<v Speaker 2>as he's shown already. And no doubt Alegra's right that

0:19:20.760 --> 0:19:23.320
<v Speaker 2>in front of the microphones and the press corps, you know,

0:19:23.400 --> 0:19:26.440
<v Speaker 2>that would be uneasy to some degree. But I'm sure

0:19:26.520 --> 0:19:28.800
<v Speaker 2>kist On will just say I have to deal with

0:19:28.880 --> 0:19:32.880
<v Speaker 2>the president the public elects. And he's been very, very

0:19:32.920 --> 0:19:36.480
<v Speaker 2>sure footed, you know that, despite the misstep of the

0:19:37.400 --> 0:19:40.800
<v Speaker 2>of the Labor Party a few weeks ago in that

0:19:40.960 --> 0:19:43.640
<v Speaker 2>and making that announcement. I think they'll get over that

0:19:43.720 --> 0:19:47.399
<v Speaker 2>very very fast. But operationally it does depend a bit

0:19:47.440 --> 0:19:50.600
<v Speaker 2>on the Cabinet office. The cabinet members are, you know,

0:19:50.640 --> 0:19:53.159
<v Speaker 2>the relationships down the line with the Foreign Secretary of

0:19:53.160 --> 0:19:55.920
<v Speaker 2>the Foreign Office, Treasury and all the rest of it,

0:19:56.160 --> 0:19:58.160
<v Speaker 2>and that may be much more difficult with the sort

0:19:58.200 --> 0:20:01.439
<v Speaker 2>of people that Trump may put in to these to

0:20:01.520 --> 0:20:04.399
<v Speaker 2>these roles. The role of National Security Advisor is that

0:20:04.520 --> 0:20:08.360
<v Speaker 2>in that full current position in the administration, linking up

0:20:08.400 --> 0:20:12.919
<v Speaker 2>with number ten in a in an idequal world, and

0:20:13.160 --> 0:20:16.639
<v Speaker 2>you know, the person doing that role, if they don't

0:20:16.680 --> 0:20:21.480
<v Speaker 2>have a natural sense for working with allies and consulting

0:20:21.560 --> 0:20:24.800
<v Speaker 2>people and giving people their heads up, that's going to

0:20:24.800 --> 0:20:25.760
<v Speaker 2>be highly problematic.

0:20:26.160 --> 0:20:28.600
<v Speaker 3>Yeah, I mean, it's sort of in turns funny and

0:20:28.640 --> 0:20:32.240
<v Speaker 3>also very very concerning the kind of Elon Musk gissed

0:20:32.320 --> 0:20:34.680
<v Speaker 3>on a sort of war of words that we start

0:20:34.880 --> 0:20:38.080
<v Speaker 3>started over the summer, over the over the riots, and

0:20:38.119 --> 0:20:41.439
<v Speaker 3>then since are sort of morphed into Musk has clearly

0:20:41.440 --> 0:20:43.959
<v Speaker 3>taken it upon himself to call out a number of

0:20:43.960 --> 0:20:47.080
<v Speaker 3>things that the labor activists and labor say against the

0:20:47.080 --> 0:20:50.360
<v Speaker 3>backdrop of David Lammy manfully, you know, putting a lot

0:20:50.400 --> 0:20:53.120
<v Speaker 3>of effort into building bridges with Trump and the Trump team.

0:20:53.520 --> 0:20:55.600
<v Speaker 2>Yeah, and JD. Vans and all the rest of it.

0:20:55.640 --> 0:21:00.199
<v Speaker 2>And no, absolutely, look, I mean Musk and Kennedy. Know

0:21:00.600 --> 0:21:03.399
<v Speaker 2>the idea of Kennedy is the American Health Secretary or

0:21:03.440 --> 0:21:08.280
<v Speaker 2>healthsar that should you know, legitimately strike fear into into

0:21:08.280 --> 0:21:10.960
<v Speaker 2>people's hearts. So we'll see where he goes with those two.

0:21:11.080 --> 0:21:15.280
<v Speaker 2>I mean, I let's see. I can't quite see on

0:21:15.480 --> 0:21:18.960
<v Speaker 2>Mass sitting in an office dutifully being a cabinet member.

0:21:18.960 --> 0:21:21.879
<v Speaker 2>But you know we can. We've been supported where he is.

0:21:21.920 --> 0:21:22.800
<v Speaker 2>He won't do that.

0:21:22.800 --> 0:21:24.320
<v Speaker 3>He'll do it in his own way, and that's even

0:21:24.359 --> 0:21:27.000
<v Speaker 3>more worry almost better if he did sort of, you know,

0:21:27.040 --> 0:21:28.639
<v Speaker 3>put on a suit and do what he's told. But

0:21:28.720 --> 0:21:30.600
<v Speaker 3>if he if he does a job, then he'll probably

0:21:30.600 --> 0:21:31.640
<v Speaker 3>do it in a nelon mosk way.

0:21:31.960 --> 0:21:33.840
<v Speaker 2>Yeah, probably do it from space. I think that's what

0:21:33.960 --> 0:21:34.280
<v Speaker 2>we should.

0:21:34.640 --> 0:21:39.440
<v Speaker 1>Yeah, no suits, different type of suit. Yeah, Nije Fall,

0:21:39.480 --> 0:21:45.399
<v Speaker 1>thank you so much for joining us. Thank you, thanks

0:21:45.400 --> 0:21:47.480
<v Speaker 1>for listening to this week's in the City from Bloomberg.

0:21:47.560 --> 0:21:50.119
<v Speaker 1>This episode was hosted by Meat franc In LaQuan with

0:21:50.200 --> 0:21:53.760
<v Speaker 1>Legra Stratton. It was produced by Summer Saudi production support

0:21:53.760 --> 0:21:57.080
<v Speaker 1>from Moses and dam and sound designed by Blake Maples Britain.

0:21:57.080 --> 0:22:01.680
<v Speaker 1>Francis Newman is our executive Producerman is Head of Podcasts

0:22:01.880 --> 0:22:05.840
<v Speaker 1>Special thanks to Sir Nigel Scheinfeldt. Please subscribe, rate, and

0:22:06.000 --> 0:22:08.320
<v Speaker 1>review wherever you listen to podcasts