July 31, 2025 • 4 mins
Donald Trump's latest tariff deadline is rapidly approaching.
The US President has reached 11 deals, and agreed to pause tariff increases for Mexico, ahead of his deadline of 4pm today.
He's indicated he'll raise the baseline tariff faced by most countries, including New Zealand.
US Correspondent Richard Arnold told Mike Hosking that at the same time, the trade wars are facing a critical court test within the United States.
The Trump team is being sued by a coalition of states and businesses who claim Trump has been overstepping his powers when it comes to some of the steepest tariffs.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Stateside Richard Arnold, morning, good, what do you mind come
to the tariffs in just a moment. This plane, the
helicopter a couple of months ago, so they're looking into this.
What do we know?
Speaker 2 (00:08):
Well, we're hearing quite a bit and none of it's
really encouraging. This disaster is to focus on Capitol Hill.
They're holding these hearings into the mid air collition near
Washington's Reagan National Airport back in January, of course, when
sixty seven people were killed in a crash between commercial
jet and a military helicopter and Army chopper. This was
the first fatal crash involving in an American airline in
(00:29):
fifteen years. And as I say, what we're hearing is disturbing.
The Army says that the specific type of black Hawk
helicopter involved in this was known to have problems with
its altimeter, which measures how high the aircraft is flying.
An Army engineer has testified that if he had the power,
he would take these helicopters out of the fleet immediately. Instead,
the Federal Aviation Administration, which oversees the air traffic Controller,
(00:52):
says they plan to update their manuals and let pilots
know about these problems by September. That led a transportation
bought official Todd Inman to say this.
Speaker 3 (01:02):
And you're telling me it's going to be two months
before you tell them that. There's a discrepancy about telling them.
Speaker 2 (01:07):
Now seriously, at the Washington Reagan National Airport, they have
been juggling the commercial military flights.
Speaker 3 (01:13):
We know it's a very busy place.
Speaker 2 (01:14):
The Blackhawk in this instance was flying about thirty meters
higher than the supposed chopper limit. They have also heard
that there were fifteen thousand, that's the number, like fifteen
thousand close calls at the airport as they try to
squeeze all these flights in. That seems just mind boggling,
doesn't it. Then they were told that on the night
of the crash, one single air traffic controller was dealing
(01:34):
with both the commercial jet and the military chopper. One
of the crews said, he's got them stacked up tonight, busy,
said another, as the controller let them both continue towards
the airport using visual separation.
Speaker 3 (01:47):
Sadly, of course that did not work.
Speaker 1 (01:49):
Now it did not right midnight tonight your time, four
of this afternoon, our time. Letters are coming it's.
Speaker 2 (01:54):
All on that's right. We wait to see what the
letters say, whether it's what a fifteen percent tariff for
New Zealand or whatever it is, and many many other
countries are in the same position. Mexico, though, has been
given a ninety day reprieve on higher tariffs after a
call today between its President Trump. Trump and Shinbaum spoke
by a telephone, but the deadline still looms.
Speaker 3 (02:14):
For most of the rest of the world.
Speaker 2 (02:16):
A short time ago, the White House press person Carolyn
Levitt was asked about the on again, off again Trump
tariff approach with all of this looking to provide any
more extensions today after his phone call with Mexico, is
there any other conversations like that.
Speaker 1 (02:30):
I do know that other foreign leaders around the world
have reached out, and if the President decides to share
the conclusions of those calls with all of you, he
will do so himself.
Speaker 3 (02:39):
Not a lot of light there is.
Speaker 2 (02:40):
Tomorrow's deadline has called for deals to be made or
tariff might be imposed to a level of as much
as fifty percent. Mexico will continue paying twenty five percent
rate on most items and fifty percent on industry or metal.
Speaker 3 (02:54):
So that's their agreement.
Speaker 2 (02:55):
Canada, as a major trading partner with this country, has
been predicting they could reach it deal that struck down
or the Trump tariffs.
Speaker 3 (03:02):
Well, that hasn't happened, and Trump now.
Speaker 2 (03:04):
Is saying it would be quote unquote very hard to
reach a trade deal with Canada after that country said
it planned to recognize a Palestinian state. So this is
a swirl of issues here from what fentanyl to gaza
in the mix. Meantime, the Trump trade wars are facing
also a critical court test in this country, as the
Trump team has been sued by a coalition of states
and businesses who claim that Trump has been overstepping his
(03:26):
powers when it comes to some of the steepest tariffs and.
Speaker 1 (03:30):
Good stuff might go. Well, see you next week. Richard
Arnold's sightside the dominimous thing. Yesterday signed another thing for
the rest of the world. They did the deminimous thing
on China. That's in court. He signed an executive order
for deminimus for the rest of the world. I'm assuming
because China's in court, the whole world's in court, and
if it's in court, it can't come into play. Watch India.
India is probably to my mind, the most interesting of
(03:51):
these trade deals, because the other day he slapped the
main tariff on them, they were going to have a deal,
and then that's fallen apart. But what importantly he also
did word slap a penalty tariff for their trading with Russia.
So the question mark is now, is the penalty tariff
if you trade with Russia? And there are plenty of
people who do. India is the most overt China is
(04:12):
another one. Of course, India is the most overt one.
But if you trade with Russia, is he going to
get to Russia by penalizing other countries to put the
squeeze on? So where India goes, does a number of
other countries go. So watch that one and see how
that unfolds over the next couple of weeks.
Speaker 2 (04:28):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.
Stateside Richard Arnold, morning, good, what do you mind come
to the tariffs in just a moment. This plane, the
helicopter a couple of months ago, so they're looking into this.
What do we know?
Speaker 2 (00:08):
Well, we're hearing quite a bit and none of it's
really encouraging. This disaster is to focus on Capitol Hill.
They're holding these hearings into the mid air collition near
Washington's Reagan National Airport back in January, of course, when
sixty seven people were killed in a crash between commercial
jet and a military helicopter and Army chopper. This was
the first fatal crash involving in an American airline in
(00:29):
fifteen years. And as I say, what we're hearing is disturbing.
The Army says that the specific type of black Hawk
helicopter involved in this was known to have problems with
its altimeter, which measures how high the aircraft is flying.
An Army engineer has testified that if he had the power,
he would take these helicopters out of the fleet immediately. Instead,
the Federal Aviation Administration, which oversees the air traffic Controller,
(00:52):
says they plan to update their manuals and let pilots
know about these problems by September. That led a transportation
bought official Todd Inman to say this.
Speaker 3 (01:02):
And you're telling me it's going to be two months
before you tell them that. There's a discrepancy about telling them.
Speaker 2 (01:07):
Now seriously, at the Washington Reagan National Airport, they have
been juggling the commercial military flights.
Speaker 3 (01:13):
We know it's a very busy place.
Speaker 2 (01:14):
The Blackhawk in this instance was flying about thirty meters
higher than the supposed chopper limit. They have also heard
that there were fifteen thousand, that's the number, like fifteen
thousand close calls at the airport as they try to
squeeze all these flights in. That seems just mind boggling,
doesn't it. Then they were told that on the night
of the crash, one single air traffic controller was dealing
(01:34):
with both the commercial jet and the military chopper. One
of the crews said, he's got them stacked up tonight, busy,
said another, as the controller let them both continue towards
the airport using visual separation.
Speaker 3 (01:47):
Sadly, of course that did not work.
Speaker 1 (01:49):
Now it did not right midnight tonight your time, four
of this afternoon, our time. Letters are coming it's.
Speaker 2 (01:54):
All on that's right. We wait to see what the
letters say, whether it's what a fifteen percent tariff for
New Zealand or whatever it is, and many many other
countries are in the same position. Mexico, though, has been
given a ninety day reprieve on higher tariffs after a
call today between its President Trump. Trump and Shinbaum spoke
by a telephone, but the deadline still looms.
Speaker 3 (02:14):
For most of the rest of the world.
Speaker 2 (02:16):
A short time ago, the White House press person Carolyn
Levitt was asked about the on again, off again Trump
tariff approach with all of this looking to provide any
more extensions today after his phone call with Mexico, is
there any other conversations like that.
Speaker 1 (02:30):
I do know that other foreign leaders around the world
have reached out, and if the President decides to share
the conclusions of those calls with all of you, he
will do so himself.
Speaker 3 (02:39):
Not a lot of light there is.
Speaker 2 (02:40):
Tomorrow's deadline has called for deals to be made or
tariff might be imposed to a level of as much
as fifty percent. Mexico will continue paying twenty five percent
rate on most items and fifty percent on industry or metal.
Speaker 3 (02:54):
So that's their agreement.
Speaker 2 (02:55):
Canada, as a major trading partner with this country, has
been predicting they could reach it deal that struck down
or the Trump tariffs.
Speaker 3 (03:02):
Well, that hasn't happened, and Trump now.
Speaker 2 (03:04):
Is saying it would be quote unquote very hard to
reach a trade deal with Canada after that country said
it planned to recognize a Palestinian state. So this is
a swirl of issues here from what fentanyl to gaza
in the mix. Meantime, the Trump trade wars are facing
also a critical court test in this country, as the
Trump team has been sued by a coalition of states
and businesses who claim that Trump has been overstepping his
(03:26):
powers when it comes to some of the steepest tariffs and.
Speaker 1 (03:30):
Good stuff might go. Well, see you next week. Richard
Arnold's sightside the dominimous thing. Yesterday signed another thing for
the rest of the world. They did the deminimous thing
on China. That's in court. He signed an executive order
for deminimus for the rest of the world. I'm assuming
because China's in court, the whole world's in court, and
if it's in court, it can't come into play. Watch India.
India is probably to my mind, the most interesting of
(03:51):
these trade deals, because the other day he slapped the
main tariff on them, they were going to have a deal,
and then that's fallen apart. But what importantly he also
did word slap a penalty tariff for their trading with Russia.
So the question mark is now, is the penalty tariff
if you trade with Russia? And there are plenty of
people who do. India is the most overt China is
(04:12):
another one. Of course, India is the most overt one.
But if you trade with Russia, is he going to
get to Russia by penalizing other countries to put the
squeeze on? So where India goes, does a number of
other countries go. So watch that one and see how
that unfolds over the next couple of weeks.
Speaker 2 (04:28):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.
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