Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Taking a look at the details.
Speaker 2 (00:03):
It's always, you know, the devil's in the details of
the agreement that the President Trump and the UK Prime Minister
have worked out now in the trade agreements. Joined us
now to talk a little bit more about this. Brion
Wells joins us, founder and the CEO of the Daniel Initiative.
This is a firm that specializes in government relations and
strategic communications.
Speaker 1 (00:21):
Brion, welcome in. Thanks for being with MEP Friday.
Speaker 3 (00:24):
We're excited to get this weekend.
Speaker 1 (00:26):
Off to the start.
Speaker 2 (00:27):
Yeah, let's go, buddy, I'm with you there. Happy Friday
to you as well. So big news and this is
a good one. Is one of the first deals that
has been done with Donald Trump's decision to go to
the trade table.
Speaker 1 (00:40):
And a lot of countries are involved in this.
Speaker 2 (00:42):
I think over what thirty or forty or fifty different countries,
all have different trade situations being discussed right now, but
the UK being one of our biggest allies to get
this done. Pretty positive momentum and a good feather in
each of their caps.
Speaker 3 (00:59):
So I would say, yes, this is a step in
the right direction. And you know the fact that since
twenty twenty there have been ongoing conversations between the US
and UK to try to come together to stabilize the
trade relationship, and that was primarily due to the fact
that the UK had withdrawn itself from the European Union
(01:22):
through Brexit. So you know, this has been a iterative conversation.
But the reality is, as both President Trump and Prime
Minister Kiir Starmer alluded to yesterday, the devil is still going.
Speaker 1 (01:37):
To be in the details.
Speaker 3 (01:38):
There's still things that have to be finalized. What we
do know though, at the top of this is that
at least the Trump administration is purporting that this will
create a five billion dollar opportunity for new exports for
US farmers, ranchers, and producers. So the agricultural industry may
see a plus up in this deal. And we know
(01:58):
that the Secretary of Agriculture, Brook Rollins is either in
or is headed to the UK to continue to further
the discussions on this end. And so you know, there's
a lot to be gained in this. But I would
also say that to bring a sober element to this conversation,
(02:23):
this is seen as one of the easier deals to
be made, primarily because prior to you know, yesterday, in
twenty twenty four, the US enjoyed a twelve billion dollars
surplus in our relationship trade relationship with the UK, and
so we came at this really at a advantage, and
(02:48):
we will further that. What we're looking at is what
does that conversation look like with China over this weekend,
What does that relationship look like in that conversation look
like with with India, with Japan, with other countries where
we maybe have not had a prosperous relationship as process
relationships we've had with the UK.
Speaker 2 (03:09):
Well, President Trump claims that the investments now further, you know,
in the US from this trade deal with the UK
good amount to about ten trillion dollars. So to me,
when Donald Trump likes to level the playing field, as
he did in his first term with China, it seems
to be a bit of a flop here that the UK,
(03:30):
you know, allowing the United States to have such a
large surplus might have been coming from a different angle saying, look,
you know, what's good for the goose is good for
the gander. We need to kind of get leveled out
with the United States. Was there discussion, was there any
more you know, with that surplus being heavy for the
United States, How does the UK really benefit more than
(03:51):
they did before on this.
Speaker 3 (03:54):
Yeah, and I think that we have to look at
when we use the term benefit, we have to look
at it in not just the money side and economic terms.
The reality is the United States has always, for you know,
since the ending of World War two for sure, has
had an outsized and major say and impact in our
US foreign policy and the foreign policy landscape globally. And
(04:18):
so if you're the UK, it's not lost in you
that you know you've been the UK has been, the
US has benefited more. However, you're trying to navigate this
new world order, and so we saw that a few
days before the US UK deal, the UK had gone
into a trade deal with India, and so you know,
(04:39):
we should look at that and say that they are
looking at in this new world world order other countries
to do business with while trying to maintain an optimal
relationship with the United States.
Speaker 1 (04:49):
Because of this year size.
Speaker 3 (04:51):
The volume of the impact of our economy and how
it shows up in the global market.
Speaker 2 (04:55):
You know, you mentioned World War Two. The UK Prime
Minster call this deal a real tribute to his street.
As the two nations, you know, have a working together
for a long time. And it was eighty years ago
yesterday that Winston Churchill did announce, you know, the big
Allied victory in Europe. So yeah, it kind of brought
that whole thing full circle once again that while our
(05:17):
relationship really has been a good one since World War Two. Quickly,
I want to get your thoughts as we move forward
with some of the more I guess contentious discussions in
trades China. I mean, that is going to be a
tougher putt for the president to work out.
Speaker 1 (05:32):
Where do you see this ending up?
Speaker 3 (05:34):
So I am not a betting man, so I'm going
to carefully provide my bet on this. But I think
that what we have seen literally within the last ten
minutes is that, you know, Donald Trump and the Trump
administration has floated.
Speaker 1 (05:52):
That they would like to see.
Speaker 3 (05:55):
As they're coming into these talks with China, that you know,
if the Chinese opened up their market some, they would
bring the tariff down from one hundred and forty five
percent to eighty percent. Now, I don't know that that
is going to be enough for US businesses to feel
comfortable because we really typically have been around the fifty
(06:20):
percent right around. However, to be fair, this is still
a negotiation. Donald Trump is laying a sort of marker
in the ground ahead of the talks that are going
to be between the US and China this weekend, so
we'll see how it plays out. But I'd also say
that I cautioned folks that you know, often Donald Trump
(06:45):
utilizes the media as part of his negotiation tactics, and
so there's sometimes some bravado that is out there. And
I don't think that people should get overly optimistic because
of that bravado, nor should they necessarily come at this
to say that all is lost. But they said, understand
that this is the way that he does business and
(07:06):
the way that he negotiates things, and we'll see how
chying to respond.
Speaker 2 (07:09):
Look, I think it behooves both nations to work something out,
and I'm still put my chips over here on Donald
Trump to end up with the better of the deal
on this one. But great discussion, Brion Wells, Thank you
so much.
Speaker 1 (07:24):
Thank you
Taking a look at the details.
Speaker 2 (00:03):
It's always, you know, the devil's in the details of
the agreement that the President Trump and the UK Prime Minister
have worked out now in the trade agreements. Joined us
now to talk a little bit more about this. Brion
Wells joins us, founder and the CEO of the Daniel Initiative.
This is a firm that specializes in government relations and
strategic communications.
Speaker 1 (00:21):
Brion, welcome in. Thanks for being with MEP Friday.
Speaker 3 (00:24):
We're excited to get this weekend.
Speaker 1 (00:26):
Off to the start.
Speaker 2 (00:27):
Yeah, let's go, buddy, I'm with you there. Happy Friday
to you as well. So big news and this is
a good one. Is one of the first deals that
has been done with Donald Trump's decision to go to
the trade table.
Speaker 1 (00:40):
And a lot of countries are involved in this.
Speaker 2 (00:42):
I think over what thirty or forty or fifty different countries,
all have different trade situations being discussed right now, but
the UK being one of our biggest allies to get
this done. Pretty positive momentum and a good feather in
each of their caps.
Speaker 3 (00:59):
So I would say, yes, this is a step in
the right direction. And you know the fact that since
twenty twenty there have been ongoing conversations between the US
and UK to try to come together to stabilize the
trade relationship, and that was primarily due to the fact
that the UK had withdrawn itself from the European Union
(01:22):
through Brexit. So you know, this has been a iterative conversation.
But the reality is, as both President Trump and Prime
Minister Kiir Starmer alluded to yesterday, the devil is still going.
Speaker 1 (01:37):
To be in the details.
Speaker 3 (01:38):
There's still things that have to be finalized. What we
do know though, at the top of this is that
at least the Trump administration is purporting that this will
create a five billion dollar opportunity for new exports for
US farmers, ranchers, and producers. So the agricultural industry may
see a plus up in this deal. And we know
(01:58):
that the Secretary of Agriculture, Brook Rollins is either in
or is headed to the UK to continue to further
the discussions on this end. And so you know, there's
a lot to be gained in this. But I would
also say that to bring a sober element to this conversation,
(02:23):
this is seen as one of the easier deals to
be made, primarily because prior to you know, yesterday, in
twenty twenty four, the US enjoyed a twelve billion dollars
surplus in our relationship trade relationship with the UK, and
so we came at this really at a advantage, and
(02:48):
we will further that. What we're looking at is what
does that conversation look like with China over this weekend,
What does that relationship look like in that conversation look
like with with India, with Japan, with other countries where
we maybe have not had a prosperous relationship as process
relationships we've had with the UK.
Speaker 2 (03:09):
Well, President Trump claims that the investments now further, you know,
in the US from this trade deal with the UK
good amount to about ten trillion dollars. So to me,
when Donald Trump likes to level the playing field, as
he did in his first term with China, it seems
to be a bit of a flop here that the UK,
(03:30):
you know, allowing the United States to have such a
large surplus might have been coming from a different angle saying, look,
you know, what's good for the goose is good for
the gander. We need to kind of get leveled out
with the United States. Was there discussion, was there any
more you know, with that surplus being heavy for the
United States, How does the UK really benefit more than
(03:51):
they did before on this.
Speaker 3 (03:54):
Yeah, and I think that we have to look at
when we use the term benefit, we have to look
at it in not just the money side and economic terms.
The reality is the United States has always, for you know,
since the ending of World War two for sure, has
had an outsized and major say and impact in our
US foreign policy and the foreign policy landscape globally. And
(04:18):
so if you're the UK, it's not lost in you
that you know you've been the UK has been, the
US has benefited more. However, you're trying to navigate this
new world order, and so we saw that a few
days before the US UK deal, the UK had gone
into a trade deal with India, and so you know,
(04:39):
we should look at that and say that they are
looking at in this new world world order other countries
to do business with while trying to maintain an optimal
relationship with the United States.
Speaker 1 (04:49):
Because of this year size.
Speaker 3 (04:51):
The volume of the impact of our economy and how
it shows up in the global market.
Speaker 2 (04:55):
You know, you mentioned World War Two. The UK Prime
Minster call this deal a real tribute to his street.
As the two nations, you know, have a working together
for a long time. And it was eighty years ago
yesterday that Winston Churchill did announce, you know, the big
Allied victory in Europe. So yeah, it kind of brought
that whole thing full circle once again that while our
(05:17):
relationship really has been a good one since World War Two. Quickly,
I want to get your thoughts as we move forward
with some of the more I guess contentious discussions in
trades China. I mean, that is going to be a
tougher putt for the president to work out.
Speaker 1 (05:32):
Where do you see this ending up?
Speaker 3 (05:34):
So I am not a betting man, so I'm going
to carefully provide my bet on this. But I think
that what we have seen literally within the last ten
minutes is that, you know, Donald Trump and the Trump
administration has floated.
Speaker 1 (05:52):
That they would like to see.
Speaker 3 (05:55):
As they're coming into these talks with China, that you know,
if the Chinese opened up their market some, they would
bring the tariff down from one hundred and forty five
percent to eighty percent. Now, I don't know that that
is going to be enough for US businesses to feel
comfortable because we really typically have been around the fifty
(06:20):
percent right around. However, to be fair, this is still
a negotiation. Donald Trump is laying a sort of marker
in the ground ahead of the talks that are going
to be between the US and China this weekend, so
we'll see how it plays out. But I'd also say
that I cautioned folks that you know, often Donald Trump
(06:45):
utilizes the media as part of his negotiation tactics, and
so there's sometimes some bravado that is out there. And
I don't think that people should get overly optimistic because
of that bravado, nor should they necessarily come at this
to say that all is lost. But they said, understand
that this is the way that he does business and
(07:06):
the way that he negotiates things, and we'll see how
chying to respond.
Speaker 2 (07:09):
Look, I think it behooves both nations to work something out,
and I'm still put my chips over here on Donald
Trump to end up with the better of the deal
on this one. But great discussion, Brion Wells, Thank you
so much.
Speaker 1 (07:24):
Thank you
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