Latest / Best of Business / Felicity Roxburgh: International Business Forum director on whether the Government will change Trump's mind about the tariffs

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Felicity Roxburgh: International Business Forum director on whether the Government will change Trump's mind about the tariffs · Best of Business

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  Speaker 2: On the trade situation, the Prime Minister reckons it's unlikely
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  Speaker 2: We're going to be able to change Donald Trump's mind
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  Speaker 2: on the higher tariff that he slapped on New Zealand
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  Speaker 2: came in at fifteen percent when Australia got slapped with
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  Speaker 2: ten percent. Felicity Roxburgh is the director of the International
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  Speaker 2: Business Forum and with US. Hey, Felicity, hi there. Do
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  Speaker 2: you agree with the Prime Minister.
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  Speaker 3: Well, we believe that it's worth. We welcome the decision
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  Speaker 3: to go to Washington to press our case, to put
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  Speaker 3: the word that we have a balanced trade profile with
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  Speaker 3: the US and that we've sort of been hopefully inadvertently
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  Speaker 3: caught up in the Trump tariff net.
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  Speaker 2: Do you think there will be able to change Trump's mind.
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  Speaker 3: It's going to be difficult. I think it's going to
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  Speaker 3: be difficult.
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  Speaker 2: I mean, listen, let's be honest about it, Felicity. So
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  Speaker 2: we can stop getting our hopes up. Okay, So it's
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  Speaker 2: unlikely happened, even if we did the things that they
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  Speaker 2: would want, right, even if we removed all the tariffs
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  Speaker 2: that we slap on their staff, looked at the biosecurity
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  Speaker 2: regime on US imports, maybe bought some Boeings quicker so
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  Speaker 2: we could kind of you know, change the trade, the
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  Speaker 2: balance of trade, even all of that stuff. They still
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  Speaker 2: wouldn't budge.
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  Speaker 3: Well, it's still we do believe it's still worth making
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  Speaker 3: an attempt to go and talk to them. I mean
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  Speaker 3: what the other thing to remember is that, you know,
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  Speaker 3: but we have supported more or less the government's approach
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  Speaker 3: up until now because it was a lot of downside
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  Speaker 3: risk as well to negotiating. You know, it's very unpredictable
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  Speaker 3: the situation, and if we'd gone there and made a
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  Speaker 3: big noise, then we could have ended up in some
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  Speaker 3: conversations that we didn't want to be in. And also,
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  Speaker 3: you know ten percenters. There's very long queue of the
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  Speaker 3: ten percent club, so we probably were at the end
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  Speaker 3: of it. So, you know, the businesses aspector they understood
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  Speaker 3: and accepted the government's kind of head down ears open.
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  Speaker 2: The conversations that we might have ended up in that
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  Speaker 2: we didn't want to end up in.
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  Speaker 3: Are they China not necessarily? I mean there's also the
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  Speaker 3: pharmac piece that's been a difficulty for the government. The
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  Speaker 3: US doesn't like our sort of single buyer model. We
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  Speaker 3: do have defensive interests as well.
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  Speaker 2: Okay, Felicity, it's wonderful to talk to you. Thanks for
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  Speaker 2: your expertise. That's Felicity Rocksboro, director of the International Business
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