More Tongue, less Head

Funny way to describe tariffs but not inaccurate

Trump's fantasy world. Extra investment in the US isn't even going to happen if the EU trade deal goes ahead. But this is why appeasement is the wrong word for dealing with him - the better analogy is playground games. It is all pretend with this US. bloomberg.com/news/articles/…

The kids are back to school. The sun is out in Wellington. Today is a good day.

Excellent take ⬇️ from Asia New Zealand Foundation Te Whītau Tūhono here - we don't need to throw foreign policy babies out with the bathwater; flexibility and agility matter more in the current mayhem.

Yeah the Deadliest Catch crews face some gnarly Baring Sea conditions but they've never faced recycling night in a Wellington 'summer'.

Section 122 of the 1974 Trade Act, on which Trump’s 10% tariff is based, does not apply in the current macro environment. A balance of payments deficit is not the same thing as a trade deficit. You cannot have a balance of payments if you have a flexible exchange rate, as the US

Beef excluded.

Hopefully NZ doesn't count as "a major trading partner" or Pharmac procurement (a longstanding bugbear of the US) doesn't trigger s301 tariffs.

Time to move levels on the national fuel plan 🚨

I mean, apart from these points, the tariffs were brilliant