Ryan Bridge: This is Trump unleashed

In the space of 12 hours the whole world has changed. 

Not only is Trump back baby, but he's more powerful than ever. 

Republicans have flipped the Senate and are on track to retain the House of Representatives. 

That gives the GOP enormous power to set budgets, start or stop funding wars, and impose tariffs on anyone they like. 

Kiwi farmers and primary producers, our exporters, the backbone of this trading nation, will be waking up this morning with a pit in their stomach. 

America is our second largest export market, overtaking the Aussies last year. Tariffs on our meat and dairy could be a brutal blow. 

Plus, our number one trading partner in China is about to whacked even harder by Trump's Washington. 

A trade war could wipe almost 1% of global growth in the next year, which is tipped to be around 3.5%. That's massive, and will send shockwaves around the world, and we will feel it. 

Add in Trump potentially pulling support for Ukraine's war and his bullish comments on the Middle East and you've got yourself a highly unpredictable and, to use a couple of overused terms, unprecedented and consequential, set of variables. 

For all the hand-wringing pre-election that Trump was an existential threat to democracy, that very system has elected him the 47th President, serving his last term with more power. This is Trump unleashed. 

Buckle up and brace yourselves. Everything we knew yesterday about the global economy and global conflicts is about to change. 

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Episode Transcript

Speaker 1 (00:00):
In the space of twelve hours, the whole world has changed.
Not only is Trump back, baby, but he's more powerful
than ever. Republicans have flipped the Senate and they are
on track to retain the House of Representatives that gives
them enormous power to set budgets, start or stop funding wars,
and post tariffs on anyone they like. Basically and KeyWe

(00:20):
farmers and primary producers, our exporters, the backbone of this
trading nation, will be waking up this morning with a
pit in their stomach. America is our second largest export market,
overtook the Aussies last year. Tariffs on our meat and
dairy could be a brutal blow. Plus, our number one
trading partner in China is about to be whacked even

(00:42):
harder by Washington. Trump's Washington. A trade war could wipe
they reckon almost one percent of global growth in the
next year, and global growth is tipped to be just
three point five percent. That is massive and it will
send shockwaves around the world and we will feel it here.
Add to that Trump potentially pulling support for U Train's
war and his bullish comments on the Middle East, and

(01:02):
you've got yourself a highly unpredictable, and to use a
couple of overused terms, unprecedented and consequential set of variables.
For all the handwringing pre election that Trump was an
existential threat to democracy, that very system has elected him
the forty seventh president of the United States, serving his

(01:23):
last term with more power than he's ever had. This
is Trump unleashed. Buckle up, brace yourselves. Everything we knew
yesterday about the global economy and global conflicts is about
to change. For more from Early Edition with Ryan Bridge,
listen live to News Talk Set B from five am weekdays,
or follow the podcast on iHeartRadio.