The dumbing down of American society began many decades ago. Now it is paying dividends. Too many of them will believe the moon is made of cheese if the fascist Trump or one of his acolytes told them so. It's tragic but what can anyone do.
The traditional reason for having tariffs is protecting your local industries from being outcompeted by cheaper (or better) foreign imports. So, it's in effect a tax on consumers that subsidizes domestic businesses.
Removing them has kind of like an international game of chicken: I might want have tarriff free exports to your country, but in return, I'll need to remove my tarriffs on yours to make it worth your while.
Trump's made them popular again because they're seen as being supportive of American manufacturing and "punishing" China. But unfortunately, his dumb hick supporters are a) unaware just how distributed global manufacturing is and how reliant how much of their supply chain is on foreign goods and b) too economically and mathematically illiterate to realise how steeply it'll increase the cost of living.
"Harris has criticised Trump’s sweeping plan to impose tariffs on imports, calling it a national tax on working families which will cost each household $4,000 a year.
She is expected to have a more targeted approach to taxing imports, maintaining the tariffs the Biden-Harris administration introduced on some Chinese imports like electric vehicles.
Trump has made tariffs a central campaign pledge in order to protect US industry. He has proposed new 10-20% tariffs on most imported foreign goods, and much higher ones on those from China.
He has also promised to entice companies to stay in the US to manufacture goods, by giving them a lower rate of corporate tax."
Biden in May directed tariff increases against China in this year alone on $18billion of imports.
This just builds on the Biden-Harris moves against China in the Bipartisan Infrastructure Law, CHIPS and Science Act, and Infrastructure Reduction Act.
MBIE and MPI need to start gaming out which of our industries are most vulnerable to tariff increases.
Basically all of them. Our entire foreign and economic policy framework is predicated on the basis of a rules-based international order that promotes and free trade and protects New Zealand's sovereignty.
On that basis we have about as much change of winning a trade war as we do winning a shooting one.
Podcast #25: US Election – should NZ be terrified of tariffs?
Listen: America is on the cusp of choosing its next President. If that's Donald Trump then it could mean massive tariffs. We talk to American and local experts about what that could mean for New Zealand and the world.
It ignores the reality of power, it neglects questions of equity, and its policy recommendations can be "little more than a license for plunder."….
….But will his colleagues listen to him?
The answer to KJT's question is – Probably Not.
My question is – will economic trade wars become shooting wars?
What could a megalomaniac like Trump in his second term do as President, that he failed to do in his first?
What will China do with its massive army of unemployed?
(Probably the same thing Germany did with them)
'
Oct 26th, 2024
“To me, the most beautiful word – and I’ve said this for the last couple of weeks – in the dictionary today and any is the word tariff,” said Trump. “It’s more beautiful than love, it’s more beautiful than anything. It’s the most beautiful word.” Donald Trump
9 Apr 2018
Trade Wars Lead to Shooting Wars and Depressions
Trade wars were a principal factor in causing the Great Depression of the 1930s and World War II.
— Trade wars cause depression. Trade wars cause shooting wars. French economist Frédéric Bastiat (1801-1850) is often quoted as saying…..
The current President of the U.S. has imposed tariffs on imported steel and aluminum effective March 23, 2018 and proposes tariffs on products imported from China. He has also proposed revoking U.S. participation in the North American Free Trade Agreement (NAFTA) which has enabled a large expansion of trade between the U.S., Canada and Mexico…..
Trade Wars Hurt Everyone
Ruling Chinese Communist Party leader Xi Jinping has vowed that finding jobs for young people is a top priority for his government,…..
…..Yet in July, as millions of fresh graduates poured into the labor market, unemployment rates reached 17.1% among 16-24 year-olds, according to the latest data from China’s National Bureau of Statistics, ticking up again after a three-month decline.
…Amid the harsh economic climate, China's young people have coined the terms " political depression" and " lying flat" to refer to their sense of hopelessness,
Mehdi Hasan in his debate 'Is Trump a Fascist', says, 'in the comments some guy asked if I knew anyone he could marry in the UK, (presumably to gain UK citizenship).
Friends of mine in the US are telling me that they are considering moving to NZ
I'd be leery of anyone arguing that there's an inevitable chain of events that starts off with tariffs and ends with genocide. But the historical evidence certainly suggests that times of economic crisis massively increase the risk of Bad Things (TM) happening.
…..Mainstream economics is in "disarray."
Depends on who's "mainstream" you're talking about. Neoliberism? For sure. It's promised a whole lot over the last 40-odd years and delivered nothing. Keynesian economics? Still orthodox and still working out just fine.
I'm not sure that Fred Dagg, John Clarke in real life, is someone we should be copying. He moved from New Zealand to Australia in 1977 before he was 30 and never came back.
When he talked about being lucky he seems to have had the "Lucky Country" of Donald Horne in mind.
Right now we are in the fastest net migration to Australia that we've ever had.
Might have something to do with Ardern negotiating with Australia for about 380,000 New Zealanders getting the right to apply for Australian citizenship without becoming permanent residents first.
When I moved to Australia in 1989 you were automatically given Permanent Residence when you arrived. That was the only category they had for people arriving with a NZ Passport.
I don't remember how long you had to live there before you could get Citizenship. It wasn't very long though.
I am amazed at the number of people I know in Australia who were born here but have lived in Australia for many years (more than 40 in some cases) and are never coming back to live here but have never bothered to take out Australian Citizenship.
I am amazed at the number of people I know in Australia who were born here but have lived in Australia for many years (more than 40 in some cases) and are never coming back to live here but have never bothered to take out Australian Citizenship.
Up until JA negotiated the fast track citizenship deal with Aussie the cost of getting Australian citizenship was horrendous. My family forked out well over 10 thousand for their citizenship just before the fast track deal. (My G'daughter is off to Uni and wants to join the RAN). And if there was even a small error in the application – like a date a day out or the flight number incorrect you had to reapply and the pay full cost again.
The people I am talking about were living in Australia prior to February 2001 when the Australian Government changed the rules. Prior to that date, and it was still the case if you were living in Australia on 22/02/2001 it was easy, and quite cheap to become a citizen.
I can only assume that your family moved to Australia after February 2021. For people in that situation it did get very hard. For those who were there in Feb 2021 it remained easy, and those are the group I was talking about.
They have my sympathy. When the Australian Government brought in the 2001 changes the new scheme allowed New Zealand citizens to go to Oz and work there without problems. However they provided no path at all to citizenship and cut off all the benefits for children. That was not pointed out by our then Government (in NZ) at the time and it wasn't widely known. Instead our PM said that nothing had changed. That was the one thing I never forgave Helen Clark for, her concealing this. It wasn't her fault it happened but she should have explained what it really meant. Did your family understand how hard it would be when they left NZ?
I could have taken citizenship when I was there with no trouble and, IIRC a couple of hundred dollars. It was completely routine during the period up to 2001.
Right now we are in the fastest net migration to Australia that we've ever had…..
The outflow will quickly reverse when the dispute between the Western powers and China breaks out into open armed conflict and Australia becomes a target for Chinese missiles.
There is a lot to be said about a peaceful little country at the bottom of the world with an independent foreign policy.
Not only will the outward flow of New Zealand citizens reverse, they will be joined by the best and brightest of Australians.
Russia's best and brightest are leaving the country in record numbers
"unaware just how distributed global manufacturing is and how reliant how much of their supply chain is on foreign goods"
That would be all the appliances that can't be repaired-toasters, jugs etc. Or the larger items like fridges, freezers, driers that don't last like they did when Aotearoa had manufacturing capability.
Once again, not serving the public at all well. Another way of undermining our resilience as a nation.
Once again, not serving the public at all well. Another way of undermining our resilience as a nation.
You could just as easily argue that in the middle of a cost-of-living crisis, it's better for the public to pay $3000 for a fridge that's made in China and designed by a Korean company, than $6000 for an equivalent fridge that's manufactured here.
As a taxpayer and consumer, I'd be happy with the government helping build capability in our manufacturing sector, but only if there was some public good generated by it.
Because at the moment, businesses are the first to put their hand out for taxpayer cash, but still want to be able to exploit their staff. Or avoid covering the environmental costs of their activities. Or even just pay their fair share of tax.
I'm not a big fan of privatizing the benefits of government activites but publicizing the negative externalities.
Buying that 'more expensive ' locally made fridge is a tad of a false economy.
If, by some miracle we started local manufacturing, there would be a need for more businesses sprouting up to supply the componentry needed for the fridge.
More better paid jobs therefore more dollars in your pocket to buy said fridge.
Classically it is primary producers but the fisheries are foreign companies and crews, a lot of the forestry is foreign owned and even fruit growers employ foreigners and sell to foreigners, where is the benefit to the citizens?
Not asking you directly just broadening my original question.
Like I said, manufacturers. It's basically a subsidy paid for by consumers, who either have to accept the tariff added price for (more expensive) foreign goods or pay the premium for stuff that's manufactured domestically.
The argument for doing so, as you outlined before, is that it stimulates the economy and creates jobs.
Looks like I will be using my birthday book token towards this new history of NZ identity, by Michael Belgrave, interviewed on RNZ Saturday. Seems a very timely analysis of NZ's colonising past, and the Maori response since then, in particular. I remember the huge impact James Belich's history Making Peoples had on me when I first read it.
This is the sort of stuff you need to read going in to the Treaty debate. So much falls through the cracks in the top-level rhetoric thrown about. Potted-history only goes so far, as we have seen in debate in The Standard. An overview which takes in account our changing ideas in the the last decade will help shape constructive, informed debate.
I'll have to read it over summer, but a theory of NZ identity without the massive ideological and funding force of the NZ state (including all its media and arts institution ideology and funding) through the 20th century – rather than a set of "social contracts" – would seem pretty weird.
“Making Peoples” is a life changing different perspective for some people. The rarest book of all is one that you loan and is returned…and so far Jamie Belich’s tome has always come back. But I recommend Library editions etc. also of course.
Just skimmed thru it at the bookshop: a drier read than Belich, with a few pages each on a particular topic. But looks comprehensive. Now to ferret the token out.
How many in depth History books of New Zealand have been written by women and more specifically women who had three children by the time they were 23 years old?
Donkey the puller was bad for this country. His comments and opinions about trump, sum up how willing he is to be playing the skin flute for corporate interest.
India were hoisted by their own petard by putting out turning tracks for the last two games which turned it into a lottery. And, we got the right side of the tosses (for a change) which was crucial.
I heard Simon Doull making the point that India has traditionally done well by putting out flat pitches, and their superior spinners were able to make much better use of those than the opposition ones. However, the nature of these pitches was such that any spinner was going to do well, as turned out to be the case.
However, that doesn't take away from our incredible result given the conditions including the heat which was in the mid thirties and feeling like around 40 degrees due to the humidity.
I agree. Conway had a few good scores in the series in India. Probably no need to change him right now. Though, he does have a few technical deficiencies that I think opposition sides are looking to exploit these days.
Moldova, today you are victorious. Together, we’ve shown the strength of our unity, democracy, and commitment to a dignified future. Thank you, dear Moldovans, at home and abroad. Walk with pride—you are freedom, hope, and resilience. I am proud to serve you all.
The pro-western incumbent Maia Sandu has won a second term in office in the Moldovan presidential election, preliminary results have shown, marking a significant boost for the country’s EU aspirations and a clear rebuke to Moscow.
The runoff election was seen as a crucial indicator of whether the country’s long-term geopolitical alignment will be with Russia or Europe.
The pro-western incumbent, Sandu, who has intensified the nation’s efforts to break away from Moscow’s influence, was facing the Kremlin-friendly political newcomer, Alexandr Stoianoglo, from the Socialist party, in the second round of voting on Sunday.
he runoff election was seen as a crucial indicator of whether the country’s long-term geopolitical alignment will be with Russia or Europe.
It should be with both. Russia and Europe should be aligned. Only Russia seems to have realised this. What is it with the Europeans: are they stupid, or just paranoid.
The latest poll from the Des Moines Register and Mediacom delivered a gut punch to those inside Donald Trump’s orbit Saturday night, several people familiar with the reaction told CNN. The former president has been fuming privately over the numbers, arguing the highly anticipated poll should never have been released.
Trump’s advisers have sought to assure him the survey is not accurate, blasting it as way off and telling him there’s always one poll that stands out. His long-standing pollster issued a memo Saturday night arguing it was a “clear outlier.” But the gender breakdown showing women are driving a shift toward Vice President Kamala Harris has privately concerned Trump’s allies, with a focus on the poll’s finding that Iowa women favor Harris over him, 56% to 36%.
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Yesterday The Post had a long exit interview with outgoing Ombudsman Peter Boshier, in which he complains about delinquent agencies which "haven't changed and haven't taken our moral authority on board". He talks about the limits of the Ombudsman's power of persuasion - its only power - and the need ...
Hi,Two stories have been playing over and over in my mind today, and I wanted to send you this Webworm as an excuse to get your thoughts in the comments.Because I adore the community here, and I want your sanity to weigh in.A safe space to chat, pull our hair ...
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This is a re-post from Carbon Brief by Wang Zhongying, chief national expert, China Energy Transformation Programme of the Energy Research Institute, and Kaare Sandholt, chief international expert, China Energy Transformation Programme of the Energy Research Institute China will need to install around 10,000 gigawatts (GW) of wind and solar capacity ...
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You’d beDrunk by noon, no one would knowJust like the pandemicWithout the sourdoughIf I were there, I’d find a wayTo get treated for hysteriaEvery dayLyrics Riki Lindhome.A varied selection today in Nick’s Kōrero:Thou shalt have no other gods - with Christopher Luxon.Doctors should be seen and not heard - with ...
Two recent foreign challenges suggest that Australia needs urgently to increase its level of defence self-reliance and to ensure that the increased funding that this would require is available. First, the circumnavigation of our continent ...
Here’s my selection1 of scoops, breaking news, news, analyses, deep-dives, features, interviews, Op-Eds, editorials and cartoons from around Aotearoa’s political economy on housing, climate and poverty from RNZ, 1News, The Post-$2, The Press−$, Newsroom/$3, NZ Herald/$, Stuff, BusinessDesk/$, Politik-$, NBR-$, Reuters, FT/$, WSJ/$, Bloomberg/$, New York Times/$, The Atlantic-$, The ...
According to RNZ’s embedded reporter, the importance of Winston Peters’ talks in Washington this week “cannot be overstated.” Right. “Exceptionally important.” said the maestro himself. This epic importance doesn’t seem to have culminated in anything more than us expressing our “concern” to the Americans about a series of issues that ...
Up until a few weeks ago, I had never heard of "Climate Fresk" and at a guess, this will also be the case for many of you. I stumbled upon it in the self-service training catalog for employees at the company I work at in Germany where it was announced ...
Japan and Australia talk of ‘collective deterrence,’ but they don’t seem to have specific objectives. The relationship needs a clearer direction. The two countries should identify how they complement each other. Each country has two ...
Confidence in the job market has continued to drop to its lowest level in five years as more New Zealanders feel uncertain about finding work, keeping their jobs, and getting decent pay, according to the latest Westpac-McDermott Miller Employment Confidence Index. ...
The Greens are calling on the Government to follow through on their vague promises of environmental protection in their Resource Management Act (RMA) reform. ...
“Make New Zealand First Again” Ladies and gentlemen, First of all, thank you for being here today. We know your lives are busy and you are working harder and longer than you ever have, and there are many calls on your time, so thank you for the chance to speak ...
Hundreds more Palestinians have died in recent days as Israel’s assault on Gaza continues and humanitarian aid, including food and medicine, is blocked. ...
National is looking to cut hundreds of jobs at New Zealand’s Defence Force, while at the same time it talks up plans to increase focus and spending in Defence. ...
It’s been revealed that the Government is secretly trying to bring back a ‘one-size fits all’ standardised test – a decision that has shocked school principals. ...
The Green Party is calling for the compassionate release of Dean Wickliffe, a 77-year-old kaumātua on hunger strike at the Spring Hill Corrections Facility, after visiting him at the prison. ...
The Green Party is calling on Government MPs to support Chlöe Swarbrick’s Member’s Bill to sanction Israel for its unlawful presence and illegal actions in Palestine, following another day of appalling violence against civilians in Gaza. ...
The Green Party stands in support of volunteer firefighters petitioning the Government to step up and change legislation to provide volunteers the same ACC coverage and benefits as their paid counterparts. ...
At 2.30am local time, Israel launched a treacherous attack on Gaza killing more than 300 defenceless civilians while they slept. Many of them were children. This followed a more than 2 week-long blockade by Israel on the entry of all goods and aid into Gaza. Israel deliberately targeted densely populated ...
Living Strong, Aging Well There is much discussion around the health of our older New Zealanders and how we can age well. In reality, the delivery of health services accounts for only a relatively small percentage of health outcomes as we age. Significantly, dry warm housing, nutrition, exercise, social connection, ...
Shane Jones’ display on Q&A showed how out of touch he and this Government are with our communities and how in sync they are with companies with little concern for people and planet. ...
Labour does not support the private ownership of core infrastructure like schools, hospitals and prisons, which will only see worse outcomes for Kiwis. ...
The Green Party is disappointed the Government voted down Hūhana Lyndon’s member’s Bill, which would have prevented further alienation of Māori land through the Public Works Act. ...
The Labour Party will support Chloe Swarbrick’s member’s bill which would allow sanctions against Israel for its illegal occupation of the Palestinian Territories. ...
The Government’s new procurement rules are a blatant attack on workers and the environment, showing once again that National’s priorities are completely out of touch with everyday Kiwis. ...
With Labour and Te Pāti Māori’s official support, Opposition parties are officially aligned to progress Green Party co-leader Chlöe Swarbrick’s Member’s Bill to sanction Israel for its unlawful presence in Palestine. ...
Te Pāti Māori extends our deepest aroha to the 500 plus Whānau Ora workers who have been advised today that the govt will be dismantling their contracts. For twenty years , Whānau Ora has been helping families, delivering life-changing support through a kaupapa Māori approach. It has built trust where ...
Labour welcomes Simeon Brown’s move to reinstate a board at Health New Zealand, bringing the destructive and secretive tenure of commissioner Lester Levy to an end. ...
This morning’s announcement by the Health Minister regarding a major overhaul of the public health sector levels yet another blow to the country’s essential services. ...
New Zealand First has introduced a Member’s Bill that will ensure employment decisions in the public service are based on merit and not on forced woke ‘Diversity, Equity, and Inclusion’ targets. “This Bill would put an end to the woke left-wing social engineering and diversity targets in the public sector. ...
Police have referred 20 offenders to Destiny Church-affiliated programmes Man Up and Legacy as ‘wellness providers’ in the last year, raising concerns that those seeking help are being recruited into a harmful organisation. ...
The Government’s new planning legislation to replace the Resource Management Act will make it easier to get things done while protecting the environment, say Minister Responsible for RMA Reform Chris Bishop and Under-Secretary Simon Court. “The RMA is broken and everyone knows it. It makes it too hard to build ...
Trade and Investment Minister Todd McClay has today launched a public consultation on New Zealand and India’s negotiations of a formal comprehensive Free Trade Agreement. “Negotiations are getting underway, and the Public’s views will better inform us in the early parts of this important negotiation,” Mr McClay says. We are ...
More than 900 thousand superannuitants and almost five thousand veterans are among the New Zealanders set to receive a significant financial boost from next week, an uplift Social Development and Employment Minister Louise Upston says will help support them through cost-of-living challenges. “I am pleased to confirm that from 1 ...
Progressing a holistic strategy to unlock the potential of New Zealand’s geothermal resources, possibly in applications beyond energy generation, is at the centre of discussions with mana whenua at a hui in Rotorua today, Resources and Regional Development Minister Shane Jones says. The Coalition Government is in the early stages ...
New annual data has exposed the staggering cost of delays previously hidden in the building consent system, Building and Construction Minister Chris Penk says. “I directed Building Consent Authorities to begin providing quarterly data last year to improve transparency, following repeated complaints from tradespeople waiting far longer than the statutory ...
Increases in water charges for Auckland consumers this year will be halved under the Watercare Charter which has now been passed into law, Local Government Minister Simon Watts and Auckland Minister Simeon Brown say. The charter is part of the financial arrangement for Watercare developed last year by Auckland Council ...
There is wide public support for the Government’s work to strengthen New Zealand’s biosecurity protections, says Biosecurity Minister Andrew Hoggard. “The Ministry for Primary Industries recently completed public consultation on proposed amendments to the Biosecurity Act and the submissions show that people understand the importance of having a strong biosecurity ...
A new independent review function will enable individuals and organisations to seek an expert independent review of specified civil aviation regulatory decisions made by, or on behalf of, the Director of Civil Aviation, Acting Transport Minister James Meager has announced today. “Today we are making it easier and more affordable ...
The Government will invest in an enhanced overnight urgent care service for the Napier community as part of our focus on ensuring access to timely, quality healthcare, Health Minister Simeon Brown has today confirmed. “I am delighted that a solution has been found to ensure Napier residents will continue to ...
Health Minister Simeon Brown and Mental Health Minister Matt Doocey attended a sod turning today to officially mark the start of construction on a new mental health facility at Hillmorton Campus. “This represents a significant step in modernising mental health services in Canterbury,” Mr Brown says. “Improving health infrastructure is ...
Finance Minister Nicola Willis has welcomed confirmation the economy has turned the corner. Stats NZ reported today that gross domestic product grew 0.7 per cent in the three months to December following falls in the June and September quarters. “We know many families and businesses are still suffering the after-effects ...
The sealing of a 12-kilometre stretch of State Highway 43 (SH43) through the Tangarakau Gorge – one of the last remaining sections of unsealed state highway in the country – has been completed this week as part of a wider programme of work aimed at improving the safety and resilience ...
Deputy Prime Minister and Foreign Minister Winston Peters says relations between New Zealand and the United States are on a strong footing, as he concludes a week-long visit to New York and Washington DC today. “We came to the United States to ask the new Administration what it wants from ...
Associate Justice Minister Nicole McKee has welcomed changes to international anti-money laundering standards which closely align with the Government’s reforms. “The Financial Action Taskforce (FATF) last month adopted revised standards for tackling money laundering and the financing of terrorism to allow for simplified regulatory measures for businesses, organisations and sectors ...
Associate Health Minister David Seymour says he welcomes Medsafe’s decision to approve an electronic controlled drug register for use in New Zealand pharmacies, allowing pharmacies to replace their physical paper-based register. “The register, developed by Kiwi brand Toniq Limited, is the first of its kind to be approved in New ...
The Coalition Government’s drive for regional economic growth through the $1.2 billion Regional Infrastructure Fund is on track with more than $550 million in funding so far committed to key infrastructure projects, Regional Development Minister Shane Jones says. “To date, the Regional Infrastructure Fund (RIF) has received more than 250 ...
[Comments following the bilateral meeting with United States Secretary of State, Marco Rubio; United States State Department, Washington D.C.] * We’re very pleased with our meeting with Secretary of State Marco Rubio this afternoon. * We came here to listen to the new Administration and to be clear about what ...
The intersection of State Highway 2 (SH2) and Wainui Road in the Eastern Bay of Plenty will be made safer and more efficient for vehicles and freight with the construction of a new and long-awaited roundabout, says Transport Minister Chris Bishop. “The current intersection of SH2 and Wainui Road is ...
The Ocean Race will return to the City of Sails in 2027 following the Government’s decision to invest up to $4 million from the Major Events Fund into the international event, Auckland Minister Simeon Brown says. “New Zealand is a proud sailing nation, and Auckland is well-known internationally as the ...
Improving access to mental health and addiction support took a significant step forward today with Mental Health Minister Matt Doocey announcing that the University of Canterbury have been the first to be selected to develop the Government’s new associate psychologist training programme. “I am thrilled that the University of Canterbury ...
Health Minister Simeon Brown has today officially opened the new East Building expansion at Manukau Health Park. “This is a significant milestone and the first stage of the Grow Manukau programme, which will double the footprint of the Manukau Health Park to around 30,000m2 once complete,” Mr Brown says. “Home ...
The Government will boost anti-crime measures across central Auckland with $1.3 million of funding as a result of the Proceeds of Crime Fund, Auckland Minister Simeon Brown and Associate Justice Minister Nicole McKee say. “In recent years there has been increased antisocial and criminal behaviour in our CBD. The Government ...
The Government is moving to strengthen rules for feeding food waste to pigs to protect New Zealand from exotic animal diseases like foot and mouth disease (FMD), says Biosecurity Minister Andrew Hoggard. ‘Feeding untreated meat waste, often known as "swill", to pigs could introduce serious animal diseases like FMD and ...
Prime Minister Christopher Luxon and Indian Prime Minister Narendra Modi held productive talks in New Delhi today. Fresh off announcing that New Zealand and India would commence negotiations towards a Comprehensive Free Trade Agreement, the two Prime Ministers released a joint statement detailing plans for further cooperation between the two countries across ...
Agriculture and Trade Minister Todd McClay signed a new Memorandum of Cooperation (MOC) today during the Prime Minister’s Indian Trade Mission, reinforcing New Zealand’s commitment to enhancing collaboration with India in the forestry sector. “Our relationship with India is a key priority for New Zealand, and this agreement reflects our ...
Agriculture and Trade Minister Todd McClay signed a new Memorandum of Cooperation (MOC) today during the Prime Minister’s Indian Trade Mission, reinforcing New Zealand’s commitment to enhancing collaboration with India in the horticulture sector. “Our relationship with India is a key priority for New Zealand, and this agreement reflects our ...
Attorney-General Judith Collins today announced the appointment of two new Family Court Judges. The new Judges will take up their roles in April and May and fill Family Court vacancies at the Auckland and Manukau courts. Annette Gray Ms Gray completed her law degree at Victoria University before joining Phillips ...
Health Minister Simeon Brown has today officially opened Wellington Regional Hospital’s first High Dependency Unit (HDU). “This unit will boost critical care services in the lower North Island, providing extra capacity and relieving pressure on the hospital’s Intensive Care Unit (ICU) and emergency department. “Wellington Regional Hospital has previously relied ...
Namaskar, Sat Sri Akal, kia ora and good afternoon everyone. What an honour it is to stand on this stage - to inaugurate this august Dialogue - with none other than the Honourable Narendra Modi. My good friend, thank you for so generously welcoming me to India and for our ...
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Clear vegan and vegetarian food labelling should be put into legislation so consumers can be confident that what they are buying really meets their dietary requirements, say NZ's vegetarian and vegan societies. ...
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Welcome to The Spinoff Books Confessional, in which we get to know the reading habits of Aotearoa writers, and guests. This week: Mairātea Mohi (Te Arawa, Te Whānau-ā-Apanui), publishing associate te reo Māori at Auckland University Press.The book I wish I’d writtenAs a publisher, I know writing a ...
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I remember going down to the Auckland Democrat party for the Biden win, preparing for exultation.
It was so close it became terrifying.
Harris had such a post-Convention surge, and I was preparing for hope.
Now I just want to pull the covers over my head.
The dumbing down of American society began many decades ago. Now it is paying dividends. Too many of them will believe the moon is made of cheese if the fascist Trump or one of his acolytes told them so. It's tragic but what can anyone do.
We're not particularly smart here either.
I suppose if you want to find a silver lining in the dark cloud, I think Luxon was gambling on our economy turning the corner in 2026.
If I were Luxon and Trump got in, I'd be reaching for my brown trousers…
Listening to RNZ's coverage of the US election, tariffs seem to be an issue.
Trump is touting them and Harris may introduce some for political reasons.
Who benefits from the no tariffs situation we are in now?
It occurs to me the citizenry don't benefit, the price we pay for milk and cheeses would be an example as would timber/building products.
$100 a metre for a laminated 120 x 120nn post bears that out as does the MASSIVE decline in the quality of the timber on sale (knots).
The traditional reason for having tariffs is protecting your local industries from being outcompeted by cheaper (or better) foreign imports. So, it's in effect a tax on consumers that subsidizes domestic businesses.
Removing them has kind of like an international game of chicken: I might want have tarriff free exports to your country, but in return, I'll need to remove my tarriffs on yours to make it worth your while.
Trump's made them popular again because they're seen as being supportive of American manufacturing and "punishing" China. But unfortunately, his dumb hick supporters are a) unaware just how distributed global manufacturing is and how reliant how much of their supply chain is on foreign goods and b) too economically and mathematically illiterate to realise how steeply it'll increase the cost of living.
Canada is showing NZ through the WTO that it doesn't give a damn about trade rules and will protect its dairy farmers no matter what.
It's the small and weak like us that need rules.
MBIE and MPI need to start gaming out which of our industries are most vulnerable to tariff increases.
Harris and Trump are closely aligned on trade protection, just like Biden and Trump.
Not so closely aligned:
"Harris has criticised Trump’s sweeping plan to impose tariffs on imports, calling it a national tax on working families which will cost each household $4,000 a year.
She is expected to have a more targeted approach to taxing imports, maintaining the tariffs the Biden-Harris administration introduced on some Chinese imports like electric vehicles.
Trump has made tariffs a central campaign pledge in order to protect US industry. He has proposed new 10-20% tariffs on most imported foreign goods, and much higher ones on those from China.
He has also promised to entice companies to stay in the US to manufacture goods, by giving them a lower rate of corporate tax."
https://www.bbc.com/news/articles/cwy343z53l1o
Biden in May directed tariff increases against China in this year alone on $18billion of imports.
This just builds on the Biden-Harris moves against China in the Bipartisan Infrastructure Law, CHIPS and Science Act, and Infrastructure Reduction Act.
Both are just trying to outbid each other.
…..And Trump has well outbid Harris with his "new 10-20% tariffs on most imported foreign goods" that according to Harris will cost people $4k a year.
There is no equivalence. Tariffs are central to Trump's campaign. Trump is much worse than Harris on trade.
The dumb Biden tariffs on EV's are luddite and only serve to protect the dinosaur auto-industry in the US. But Trump will double-down on these.
Yep. Elon Musk is obviously very keen to have the US EV market protected. Therefore the Trump super-support by him.
BYD has overtaken Tesla now (revenue) and there will be a lot more EVs flooding the market going forward.
Basically all of them. Our entire foreign and economic policy framework is predicated on the basis of a rules-based international order that promotes and free trade and protects New Zealand's sovereignty.
On that basis we have about as much change of winning a trade war as we do winning a shooting one.
Our dairy, tourism, film+gaming, wine, and tech industries are all internationally competitive and have near-zero subsidies.
It's our remaining niche manufacturing industries that would be the most vulnerable.
Is this an intentional, joke?
The answer to Simon Shepard's question, is – Yes The whole world should be terrified of tariffs
Economic Crisis > Mass Unemployment > Protectionism > Tariffs > Trade Wars > Shooting Wars > Imperialism > Fascism > Genocide
(Not always in that order)
The answer to KJT's question is – Probably Not.
My question is – will economic trade wars become shooting wars?
What could a megalomaniac like Trump in his second term do as President, that he failed to do in his first?
What will China do with its massive army of unemployed?
(Probably the same thing Germany did with them)
'
Oct 26th, 2024
9 Apr 2018
Trade Wars Hurt Everyone
Mehdi Hasan in his debate 'Is Trump a Fascist', says, 'in the comments some guy asked if I knew anyone he could marry in the UK, (presumably to gain UK citizenship).
Friends of mine in the US are telling me that they are considering moving to NZ
We don't know how lucky we are:
They talk about moving to NZ for politics, but no one ever does.
Maybe NZ protection of its key manufacturering isn't dumb. Our exports are weak enough already.
I'd be leery of anyone arguing that there's an inevitable chain of events that starts off with tariffs and ends with genocide. But the historical evidence certainly suggests that times of economic crisis massively increase the risk of Bad Things (TM) happening.
Depends on who's "mainstream" you're talking about. Neoliberism? For sure. It's promised a whole lot over the last 40-odd years and delivered nothing. Keynesian economics? Still orthodox and still working out just fine.
I'm not sure that Fred Dagg, John Clarke in real life, is someone we should be copying. He moved from New Zealand to Australia in 1977 before he was 30 and never came back.
When he talked about being lucky he seems to have had the "Lucky Country" of Donald Horne in mind.
Right now we are in the fastest net migration to Australia that we've ever had.
Might have something to do with Ardern negotiating with Australia for about 380,000 New Zealanders getting the right to apply for Australian citizenship without becoming permanent residents first.
When I moved to Australia in 1989 you were automatically given Permanent Residence when you arrived. That was the only category they had for people arriving with a NZ Passport.
I don't remember how long you had to live there before you could get Citizenship. It wasn't very long though.
I am amazed at the number of people I know in Australia who were born here but have lived in Australia for many years (more than 40 in some cases) and are never coming back to live here but have never bothered to take out Australian Citizenship.
Up until JA negotiated the fast track citizenship deal with Aussie the cost of getting Australian citizenship was horrendous. My family forked out well over 10 thousand for their citizenship just before the fast track deal. (My G'daughter is off to Uni and wants to join the RAN). And if there was even a small error in the application – like a date a day out or the flight number incorrect you had to reapply and the pay full cost again.
The people I am talking about were living in Australia prior to February 2001 when the Australian Government changed the rules. Prior to that date, and it was still the case if you were living in Australia on 22/02/2001 it was easy, and quite cheap to become a citizen.
I can only assume that your family moved to Australia after February 2021. For people in that situation it did get very hard. For those who were there in Feb 2021 it remained easy, and those are the group I was talking about.
Sorry. In the second paragraph the two references to 2021 should have been 2001.
They have been in Australia for 14 years.
They have my sympathy. When the Australian Government brought in the 2001 changes the new scheme allowed New Zealand citizens to go to Oz and work there without problems. However they provided no path at all to citizenship and cut off all the benefits for children. That was not pointed out by our then Government (in NZ) at the time and it wasn't widely known. Instead our PM said that nothing had changed. That was the one thing I never forgave Helen Clark for, her concealing this. It wasn't her fault it happened but she should have explained what it really meant. Did your family understand how hard it would be when they left NZ?
I could have taken citizenship when I was there with no trouble and, IIRC a couple of hundred dollars. It was completely routine during the period up to 2001.
The outflow will quickly reverse when the dispute between the Western powers and China breaks out into open armed conflict and Australia becomes a target for Chinese missiles.
There is a lot to be said about a peaceful little country at the bottom of the world with an independent foreign policy.
Not only will the outward flow of New Zealand citizens reverse, they will be joined by the best and brightest of Australians.
Russia's best and brightest are leaving the country in record numbers
https://en.wikipedia.org/wiki/Russian_emigration_during_the_Russian_invasion_of_Ukraine
If there's war between the United States and China, immigration won't be the highest of our concerns.
"What will China do with its massive army of unemployed?"
I've been asking a similar question for years with respect to all the surplus men resulting from the one-child policy and female feticide.
"unaware just how distributed global manufacturing is and how reliant how much of their supply chain is on foreign goods"
That would be all the appliances that can't be repaired-toasters, jugs etc. Or the larger items like fridges, freezers, driers that don't last like they did when Aotearoa had manufacturing capability.
Once again, not serving the public at all well. Another way of undermining our resilience as a nation.
You could just as easily argue that in the middle of a cost-of-living crisis, it's better for the public to pay $3000 for a fridge that's made in China and designed by a Korean company, than $6000 for an equivalent fridge that's manufactured here.
As a taxpayer and consumer, I'd be happy with the government helping build capability in our manufacturing sector, but only if there was some public good generated by it.
Because at the moment, businesses are the first to put their hand out for taxpayer cash, but still want to be able to exploit their staff. Or avoid covering the environmental costs of their activities. Or even just pay their fair share of tax.
I'm not a big fan of privatizing the benefits of government activites but publicizing the negative externalities.
Buying that 'more expensive ' locally made fridge is a tad of a false economy.
If, by some miracle we started local manufacturing, there would be a need for more businesses sprouting up to supply the componentry needed for the fridge.
More better paid jobs therefore more dollars in your pocket to buy said fridge.
I also ask again, who these tariffs benefit?
Classically it is primary producers but the fisheries are foreign companies and crews, a lot of the forestry is foreign owned and even fruit growers employ foreigners and sell to foreigners, where is the benefit to the citizens?
Not asking you directly just broadening my original question.
Like I said, manufacturers. It's basically a subsidy paid for by consumers, who either have to accept the tariff added price for (more expensive) foreign goods or pay the premium for stuff that's manufactured domestically.
The argument for doing so, as you outlined before, is that it stimulates the economy and creates jobs.
The 1974 Commonwealth games were a BFD so mum bought the biggest, flashest, colour TV she could find.
It was was manufactured in Aotearoa and I don't think it ever needed fixing.
As a final year apprentice I was earning a little less than minimum wage.
Mum’s telly was a Phillips K9.
https://collections.tepapa.govt.nz/object/707725
What a flashback!
We had one if them but on a swivel base.
29 inch, it was a monster. You still had to get up to put it on the other channel.
76 million votes cast already.
53% Women 44% Men 3% Other
This gives hope for Harris.
https://www.nbcnews.com/politics/2024-elections/early-vote
Looks like I will be using my birthday book token towards this new history of NZ identity, by Michael Belgrave, interviewed on RNZ Saturday. Seems a very timely analysis of NZ's colonising past, and the Maori response since then, in particular. I remember the huge impact James Belich's history Making Peoples had on me when I first read it.
This is the sort of stuff you need to read going in to the Treaty debate. So much falls through the cracks in the top-level rhetoric thrown about. Potted-history only goes so far, as we have seen in debate in The Standard. An overview which takes in account our changing ideas in the the last decade will help shape constructive, informed debate.
I'll have to read it over summer, but a theory of NZ identity without the massive ideological and funding force of the NZ state (including all its media and arts institution ideology and funding) through the 20th century – rather than a set of "social contracts" – would seem pretty weird.
“Making Peoples” is a life changing different perspective for some people. The rarest book of all is one that you loan and is returned…and so far Jamie Belich’s tome has always come back. But I recommend Library editions etc. also of course.
Belgrave’s latest book was also ‘reviewed’ recently by Rob Campbell: https://newsroom.co.nz/2024/10/30/are-we-becoming-aotearoa-or-just-getting-back-on-a-colonial-track/
Just skimmed thru it at the bookshop: a drier read than Belich, with a few pages each on a particular topic. But looks comprehensive. Now to ferret the token out.
How many in depth History books of New Zealand have been written by women and more specifically women who had three children by the time they were 23 years old?
Claudia Orange?
https://www.stuff.co.nz/politics/360473666/ex-us-ambassador-slams-sir-john-keys-trump-endorsement-says-harris-will-sweep
key getting a public smacking for exposing his money only world veiw.
Wouldn't be an issue if the media didnt publish his opinions which surprised nobody as Shonky is all about the money.
Donkey the puller was bad for this country. His comments and opinions about trump, sum up how willing he is to be playing the skin flute for corporate interest.
"I'm mates with REALLY rich people"
Well done to the Black Caps. Incredible result.
India were hoisted by their own petard by putting out turning tracks for the last two games which turned it into a lottery. And, we got the right side of the tosses (for a change) which was crucial.
I heard Simon Doull making the point that India has traditionally done well by putting out flat pitches, and their superior spinners were able to make much better use of those than the opposition ones. However, the nature of these pitches was such that any spinner was going to do well, as turned out to be the case.
However, that doesn't take away from our incredible result given the conditions including the heat which was in the mid thirties and feeling like around 40 degrees due to the humidity.
After sleeping on the result, I've come to the conclusion that India didn't even come second.
Bowling them out for 46 and then out batting a much vaunted Indian batting lineup. Apart from a few blunders we outfielded India.
Our bowlers really stepped up to the challenge, Santner being a wonderful revelation in the second test.
In short, a fine all-round team effort, where every player stepped up and outplayed the opposition.
Bring on the poms!
Conway must be sweating on his position with the rise of Young and Williamson returning to the team.
Neither Young nor Williamson are openers, Conway is settled and safe as NZ opener.
He also has a higher average and strike rate than Latham who is also under no threat of replacement.
I agree. Conway had a few good scores in the series in India. Probably no need to change him right now. Though, he does have a few technical deficiencies that I think opposition sides are looking to exploit these days.
tsmith…yes I forgot about the tosses….we were very lucky there.
(p.s your "for a change" is pure Trumpism. You must realise that the toss of a coin is entirely random.)
(p.p.s Glad I have my Hagley Oval tickets)
Women will save the world.
.
Maia Sandu
@sandumaiamd
Moldova, today you are victorious. Together, we’ve shown the strength of our unity, democracy, and commitment to a dignified future. Thank you, dear Moldovans, at home and abroad. Walk with pride—you are freedom, hope, and resilience. I am proud to serve you all.
https://x.com/sandumaiamd/status/1853209669390516499
The pro-western incumbent Maia Sandu has won a second term in office in the Moldovan presidential election, preliminary results have shown, marking a significant boost for the country’s EU aspirations and a clear rebuke to Moscow.
The runoff election was seen as a crucial indicator of whether the country’s long-term geopolitical alignment will be with Russia or Europe.
The pro-western incumbent, Sandu, who has intensified the nation’s efforts to break away from Moscow’s influence, was facing the Kremlin-friendly political newcomer, Alexandr Stoianoglo, from the Socialist party, in the second round of voting on Sunday.
https://www.theguardian.com/world/2024/nov/03/moldovans-vote-in-presidential-runoff-amid-claims-of-russian-interference
he runoff election was seen as a crucial indicator of whether the country’s long-term geopolitical alignment will be with Russia or Europe.
It should be with both. Russia and Europe should be aligned. Only Russia seems to have realised this. What is it with the Europeans: are they stupid, or just paranoid.
Tankiesplaining Poots' imperialist Russia to people 🇲🇩 who endured more than a century of first Tsarist, and then Soviet Russia's thuggery….lol..
/
Republican women have come to the party it seems.
Reproductive rights are a nonpartisan issue.
.
The latest poll from the Des Moines Register and Mediacom delivered a gut punch to those inside Donald Trump’s orbit Saturday night, several people familiar with the reaction told CNN. The former president has been fuming privately over the numbers, arguing the highly anticipated poll should never have been released.
Trump’s advisers have sought to assure him the survey is not accurate, blasting it as way off and telling him there’s always one poll that stands out. His long-standing pollster issued a memo Saturday night arguing it was a “clear outlier.” But the gender breakdown showing women are driving a shift toward Vice President Kamala Harris has privately concerned Trump’s allies, with a focus on the poll’s finding that Iowa women favor Harris over him, 56% to 36%.
https://edition.cnn.com/politics/live-news/trump-harris-election-11-03-24/index.html
"We will make our country heel" Donald Trump acceptance speech
(Did I spell that right?)