00:00What about Rachel Reeves? What do you make of her? She's currently, she's in Washington.
00:04She was talking to, what was his name? Scott Besant, trying to work out a trade deal and discuss all of that.
00:12However, she went in there and pretty much told them that Europe are a bit better than them in terms of trade.
00:18So this is where Chris and I might end up in a good head-to-head,
00:22because what Rachel Reeves and Keir Starmer haven't appreciated is that the European Union approach to governance and the economy,
00:32particularly if you're talking about a trade deal, is diametrically opposed to what the U.S. is now doing.
00:38The U.S. is ditching the European model. Biden and the Western civilization, Western countries generally had adopted the European model.
00:46But he's going for a completely new model, ditching DEI, enforcing borders, deregulating, ditching net zero.
00:54A model which actually over time, irrespective of what the markets might be doing at the moment,
00:59over time will strengthen the U.S. economy.
01:02The U.S. economy is bound to do better over time as a result of the policies being instituted by Donald Trump.
01:08And Keir Starmer needs to recognize that if he doesn't adopt the same basic approach,
01:13businesses will leave the U.K. and go to the U.S.
01:17People will leave the U.K. and go to the U.S., Dubai, and lots of people are going to Dubai already and other places.
01:22So what we've got to do is wake up and smell the coffee and start doing some of the things that Trump's doing if we want a strong British economy,
01:31particularly if we want a trade deal with the U.S.
01:34Well, exactly, which is somewhat ā it was ā surely even you can see that it was somewhat unwise for Rachel Rees to say what she did
01:40before a discussion with Scott Besson, who's obviously dealing with the trade negotiations.
01:45I think what Rachel Rees has got on front and centre of her mind is for Britain to get a trade agreement with the U.S.
01:50And when we look at that, that is ā we're one of the biggest trading partners, and I think that we can get bilateral agreement on that
01:56because there's such ā that special relationship when it comes to defence, when it comes to all of these sort of counter-terrorism,
02:03particularly when it comes to Europe and military bases, as we've seen with Chagos.
02:07So I'm confident that Britain will get a good trade deal there.
02:11We know that there's been sort of steel tariffs in between all of that.
02:14But on the whole, I think Britain's been taking the right approach with the Trump administration and wanting to play ball.
02:19We've got to be mindful that the reason why Trump's doing what he's doing is China is exporting unemployment
02:25through suppressing wages in their own economy to sell those cheap goods.
02:28And there's places like Vietnam, Japan and other places around that that we can engage with as well.
02:34And we still need to be mindful of our EU trading partners because they are the closest.
02:37But Rachel Rees kind of pitched it that trade-wise, the EU was more important to the U.K. than America.
02:43And that's unwise before a meeting with the trade secretary in the U.S.
02:47And also, it's not necessarily true.
02:48For now, maybe, but there's still time.
02:51Listen.
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