Latest / Best of Business / Dan Mitchinson: US correspondent on US President Donald Trump imposing 50 percent tariffs on Canada

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Dan Mitchinson: US correspondent on US President Donald Trump imposing 50 percent tariffs on Canada · Best of Business

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  Speaker 1: You're listening to a podcast from News Talks at Bay.
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  Speaker 1: International Correspondence with Endsit Eye Insurance, Peace of Mind for
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  Speaker 1: New Zealand Business.
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  Speaker 2: Jen Michims, and US Correspondences with US Hello, Dan, Hi, Heather. Okay,
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  Speaker 2: So fifty tariffs on Canada is.
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  Speaker 3: But rough well it is, isn't it. And on top
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  Speaker 3: of that, the President is now announcing a fresh round
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  Speaker 3: of tariffs on countries. It could happen by the end
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  Speaker 3: of this week, just as his temporary ten percent global
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  Speaker 3: tariffs are scheduled to end, which is really strange. There
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  Speaker 3: as a spokesperson for the White House earlier today telling
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  Speaker 3: CNBC he couldn't be specific on a timeline. There's a
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  Speaker 3: good chance, he said, it could happen in the next
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  Speaker 3: few days, but Congress and other stakeholders have to be
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  Speaker 3: brief before this happens. And of course you get this
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  Speaker 3: on top of the trade actions, the twenty five percent
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  Speaker 3: on imports from Brazil and as you mentioned, Canada as well.
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  Speaker 3: So I mean, it's it's not looking good, especially if
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  Speaker 3: you import to the United States or other countries.
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  Speaker 2: So what is the point of the fifty percent on Canada.
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  Speaker 2: What's what's the what does he try? What's the point
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  Speaker 2: he's trying to get to.
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  Speaker 3: Well, I think he's just trying to slap this back
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  Speaker 3: because he said there has been trade discrimination against a
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  Speaker 3: number of US industries. So he said, well, if you're
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  Speaker 3: going to do that to us, we're going to do
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  Speaker 3: that to you. And that will impact any kind of
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  Speaker 3: wine and beer that comes over hockey sticks, which I
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  Speaker 3: honestly don't think will be a big deal over here.
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  Speaker 3: Maybe in parts of the northern or eastern part of
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  Speaker 3: the United States, but you know, things like cement and
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  Speaker 3: dog leashes and a lot of other products there are.
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  Speaker 3: Canada's are our second biggest trading partner next to Mexico.
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  Speaker 2: Yeah, it's canada reaction to it.
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  Speaker 3: They're not saying much right now, but I would imagine,
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  Speaker 3: again speculating here, that there may be a hike in
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  Speaker 3: some tariffs going across to them as well, if this
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  Speaker 3: is something that is going to be ongoing with the US.
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  Speaker 2: Right what's going on with your passport ranking?
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  Speaker 3: You know, we used to benumber one and we've slipped
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  Speaker 3: we're down to number ten today to well, I guess
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  Speaker 3: we're tied for tenth right now in the world. And
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  Speaker 3: this means that we can travel visa free to one
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  Speaker 3: hundred and eighty countries around the world according to the
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  Speaker 3: Henley Passport Index, and that's on par with Iceland, but
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  Speaker 3: we sit behind thirty six other countries that offer greater
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  Speaker 3: visa free mobility. And the reason for our dropping rankings
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  Speaker 3: is that our country, we just there's no give and take,
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  Speaker 3: so we can access those hundred and eighty countries out
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  Speaker 3: of two hundred and twenty seven, but the US only
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  Speaker 3: allows forty six other nationalities to enter here visa free.
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  Speaker 3: By the way, you guys, are are you know, in
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  Speaker 3: the top ten this year as well, which is you know,
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  Speaker 3: is great?
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  Speaker 2: Yeah, obviously, Yeah, well, I mean it does help that
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  Speaker 2: we are, you know, not starting wars with anyone slepting
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  Speaker 2: on terraffs just.
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  Speaker 3: You know, well, yeah, that's that's one of the things.
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  Speaker 3: If you're wondering who number one is, it's is Singapore
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  Speaker 3: this year. So yeah, are you think to Singapore? Did
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  Speaker 3: I have not? It's it's on my list a have you.
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  Speaker 2: Yeah, you'll love it. It's it's like it is so weird,
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  Speaker 2: It is so weird and amazing. At the same time,
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  Speaker 2: it's like a it's like stepping into the future with
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  Speaker 2: their weird little like electronic trees and stuff like that,
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  Speaker 2: but it's like slightly dystopian but also get kind of
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  Speaker 2: nice and safe.
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  Speaker 3: Yeah. Yeah, yeah.
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  Speaker 2: Anyway, so there's that. Thank you very much, Dan, You
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  Speaker 2: go and have yourself a lovely day. Dan Mitchinson, US correspondent.
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