Morning Edition: 10 April 2025

The Morning Edition of News Fix for 10 April 2025, straight from the Newstalk ZB newsroom - bringing you everything you need to know in news, politics, business, entertainment and sport.

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Episode Transcript

Speaker 1 (00:04):
Good morning, I'm never ready, Manu, and this is your
morning newsfix with Thursday, tenth of April. In this update,
Donald Trump's ramped up tariff's on China while temporarily lowering
the tariffs on many other countries. Tariffs on China will
be increased from one hundred and four percent to one
hundred and twenty five percent. Trump says he's also authorized

(00:25):
a ninety day pause for a number of other countries
that will see the tariffs immediately lowered to the base
rate of ten percent. He hasn't indicated any paws on
the ten percent base rate imposed on all trading partners,
including New Zealand. The US President says China has shown
a lack of respect to world markets and it can't
continue to rip off the US and other countries. Meanwhile,

(00:48):
Finance Minister Nicola Willis says Asian markets, which account for
more than two thirds of our exports, are being hit hard.
When those markets suffer a blow like that, it's likely
that demand for our experts sports may reduce. The reserve
banks expected to take a weight and see approach to
further cuts to the official cash rate. It slashed the
ocr by twenty five basis points to three point five percent.

(01:12):
Another twenty five basis point cut is expected next month.
Nzier senior economist Ting Huang says the Central Bank will
be wanting to see if global train barriers push prices
up or down before deciding what happens beyond that. Even
though it's likely to have significant impact, the Central Bank
considered the impact media term reflesh and outlooks remains unclear

(01:33):
at this point. Embattled Green MP Benjamin Doyle's provided more
context for the use of a slang term on social
media posts. They've been bombarded with online vitriol and death
threats after the use of the language was revealed to
the public. They say the term is simply part of
the identity and online presence among their circle of friends.
Kind of a nickname or persona for me, much like

(01:54):
I don't know a character like Fred Dagg, who is
kind of an obscure pop culture reference. The name is
kind of tongue in cheek. Parliament's Environment watchdog wants forestry
carbon credits for fossil fuel emissions phased out. Simon Upton
argues New Zealand might come to regret the way it
plants permanent pine forests for carbon credits. He says the

(02:15):
heavy reliance on a single species brings economic and environmental risks. However,
Forest Owners Association Chief Executive Elizabeth Haig says it's the
only mitigation tool available other than low ring emissions. It
doesn't feel very realistic right now for us, when we're
on pace to meet those targets, to go back to
the beginning and redesign the scheme. The State Owned Enterprises

(02:38):
Minister says the upcoming merger of Newer and met Service
won't be just a lift and shift. The Government's confirmed
it will introduce legislation to merge the entities before the
end of the year. Minister Simeon Browns is having two
taxpayer funded agencies with separate scientists, infrastructure and back office
staff makes no sense. In sport, white Ferns all round

(02:59):
a Mellie Kerr and Black CAP's pace bowler Matt Henry
have earned the Debbie Hockley and Sir Richard Hadley Medals
respectively at the New Zealand Cricket Awards with supreme performances
across the year. All Black skipper Scott Barrett is questioning
whether the loss of the crusader's captaincy to manage his
workload might have impacted his super rugpy form. World golf
number one Scottie Scheffler has the sniffles due to the

(03:22):
Augusta flora, but feels his game as in better health
as he prepares to defend his master's crown overnight. I'm
never ready, Manu. That's your latest news feks, and we'll
be back with the next update of midday from the
newstalk ZB News groupe,