Episode Transcript
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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
news fix for Tuesday, the eighth of April. Donald Trump's
keeping the door open to tariff negotiations. China's already announced
retaliatory measures, with Trump threatening to respond by lifting taxes
on Chinese goods above one hundred percent. Other countries are
seeking talks, with the EU offering a zero for zero deal.
(00:27):
The US president says he's open to deals with all countries,
including China, if they're good for America. There can be
permanent tariffs, and there can also be negotiations because there
are things that we need beyond tariffs. We need open borders. Meanwhile,
the NXX fifty has fallen slightly on opening trade this morning.
JMI Wealth director Andrew Kellahers says Asian markets to cline
(00:48):
sharply yesterday.
Speaker 2 (00:50):
Just remarkable numbers here have I've been doing this for
forty years and these were eye opening. The Liberation Day
became obliteration day for those exchanges.
Speaker 1 (00:57):
Meanwhile, in an unusual move, Chrisson has delivered prepared remarks
about the tariffs this morning before taking questions from reporters.
Speaker 2 (01:05):
Trade War is frankly in nobody's interests. That will slow
global growth, it will hurt jobs, and it will reduce
some amount of money we have in our wallets.
Speaker 1 (01:13):
Meanwhile, Luckson's lips will be sealed as the contentious Treaty
Principal's Bill is shut down. He's confirmed he won't speak
in Parliament at Thursday's reading of David Seymour's bill, which
the Justice Select Committee has recommended not progress further. Luckson
says his party has a strong position on not supporting it.
Speaker 2 (01:32):
We have been of the view that we don't think
rewriting one hundred and eighty four years worth of discourse
and debate. It's a simplistic way of doing it, not
a simple way of doing it.
Speaker 1 (01:41):
People in Livin are being urged to stay home if
possible after a mini tornado batted the town this morning.
Horafenawa was hit with gusts reaching one hundred and ten
kilometers an hour, with fallen trees blocking roads and reports
that wind lifted roofs and blew out windows. Deputy hot
a few when Amor David Allen says the worst has passed,
(02:02):
but locals should be cautious.
Speaker 2 (02:04):
If they don't have to go to work if they
don't have to go out, to stay at home the
safest place to be in these circumstances, I think, until
everything settles.
Speaker 1 (02:12):
Chris Hipkins says the government's new twelve billion dollar defense
capability plan is broadly in line with where his labor
government was heading. Meanwhile, veteran soldiers are being called on
to boycott and Zac Day commemorations to protest the lack
of progress on veteran issues. A ministerial advisory group is
(02:32):
asking for stricter penalties for offenders who refuse to pay
victim's reparation. More than ten and a half thousand payments
are currently overdue. The police watchdogs found an officer was
unjustified in ramming a man with a car in Fitty
Younger and repeatedly punching him in twenty twenty three after
he smashed his patrol car window. The officer was charged
(02:55):
and later acquitted of assault and Demand's died after flipping
an an outrigger at Red Beach in Auckland's North. The
police helicopter located the unresponsive man soon after seven thirty
this morning and locals moved him to Shoreline Rocks Rescue
helicopter crew confirm the man didn't survive to Sport. Black
(03:15):
Caps coach Gary Stead has confirmed his decision to step
away from mentoring the white ball formats. He'll decide in
the next few weeks whether to reapply for the Test roll.
And a boost for the Highlanders as they look to
resurrect their Super Rugby season, outside back at Jacob Ratu
Matavuki Nipkins has returned for Otago club Taiiiri, six months
(03:37):
after suffering a neck injury during the NPC. I'm Malcolm Jordan.
That's your latest news fix. We'll be back with the
next update at five pm from the Newstalk ZB newsroom.