23/01/2017

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:00:00. > :00:17.from Sportsday. Coming up in a moment, The Papers.

:00:18. > :00:20.Hello and welcome to our look ahead to what the papers will be

:00:21. > :00:25.With me are Peter Spiegel, the UK news editor of the Financial Times

:00:26. > :00:30.and the broadcaster and campaigner Lynn Faulds Wood.

:00:31. > :00:41.Good to have you both. Let's look at some of the front pages.

:00:42. > :00:43.Peter's paper, the Financial Times, leads with Donald

:00:44. > :00:47.out of a free trade deal with Pacific Rim countries.

:00:48. > :00:49.The paper says he's signalling he will put protectionism

:00:50. > :00:52.The Telegraph says the new US President has vowed

:00:53. > :00:54.to make the special relationship between Britain and

:00:55. > :00:57.The 'i' concentrates on the political row

:00:58. > :01:00.following reports that a Trident missile test went wrong last year.

:01:01. > :01:08.It says the whole thing has descended into farce

:01:09. > :01:11.to discuss the matter in the Commons.

:01:12. > :01:13.The Metro quotes a White House Official who has

:01:14. > :01:16.apparently told CNN that the unarmed missile DID blow itself up off

:01:17. > :01:27.The Guardian also focuses on that missile yet looks ahead to

:01:28. > :01:30.tomorrow's Supreme Court judgment as to whether the government needs to

:01:31. > :01:32.consult MPs before invoking Article 50.

:01:33. > :01:34.And the Express goes it alone, hailing a revolutionary

:01:35. > :01:47.It is not ladies first tonight, its Americans first tonight. Peter,

:01:48. > :01:49.we'll start with you. Sorry! Trump's Pacific trade exit, putting

:01:50. > :01:56.protection at the heart of policy. If I may say so, your spin on it,

:01:57. > :02:05.he's putting America first. That's right. It's not just the specific

:02:06. > :02:10.trade deal, he announced today, he gathered a group of CEOs at the

:02:11. > :02:13.White House, the first official meeting of his presidency and says

:02:14. > :02:19.that if they move their plants overseas he will tax them. He said

:02:20. > :02:22.he would call the Mexican and Canadian Prime ministers and

:02:23. > :02:27.renegotiate Nafta. He has signalled that this is the most important

:02:28. > :02:31.thing he will do. Economic experts are worried about this. This is how

:02:32. > :02:36.the great depression happened, imposing tariffs up front. There's a

:02:37. > :02:43.lot of nervousness in this global system which has been established

:02:44. > :02:49.since World War II, being at risk and it is symbolic that he has made

:02:50. > :02:54.this his first action. Lynn, experts don't matter, do they! It's America

:02:55. > :03:01.first and he is the American president. This guide, if so clever,

:03:02. > :03:05.he can't put figures, he says it will be a major border tax and then

:03:06. > :03:13.says to these elite business people, almost all men, come on, let's get

:03:14. > :03:20.some women in, trump. Clever women. I don't see that happening... One of

:03:21. > :03:27.them, named Dale, he turned to him and said, Dale, you can build

:03:28. > :03:30.monstrous... I wouldn't to the American accent, you can do

:03:31. > :03:37.monstrance buildings, we will fast track you. Monstrous? What is this

:03:38. > :03:42.for a president to talk? It resonates with voters, simple

:03:43. > :03:44.language using small words, when you talk to political communicators in

:03:45. > :03:51.the US, they say he's quite effective at this. A lot of

:03:52. > :03:54.criticism comes from his own party which is interesting because it has

:03:55. > :04:01.advocated for free trade the generations. One thing that one

:04:02. > :04:06.previous Republican nominee for president said was, this is as much

:04:07. > :04:11.about geo- strategy as trade, getting our allies in Asia,

:04:12. > :04:15.Australia, New Zealand, against the Chinese. The argument is that he

:04:16. > :04:21.doesn't see that bigger picture, everything is transactional for him.

:04:22. > :04:29.It's all about him and his business. He will be filthy rich. One point

:04:30. > :04:33.that I agree with him on, one criticism I made, it's all about and

:04:34. > :04:37.save dangerous products and recourse, we have neglected

:04:38. > :04:42.business, I think because every single thing I seem to buy is made

:04:43. > :04:47.overseas, we don't have manufacturing any more so to that

:04:48. > :04:53.extent I agree with him. That's the point, Peter, I was in Los Angeles

:04:54. > :05:00.correspondent for the BBC in the 1990s, Nafta came in and jobs went.

:05:01. > :05:11.Nothing was done about the communities with their jobs went

:05:12. > :05:17.from. Like Scotland. There is a sense from his supporters that he is

:05:18. > :05:26.on their side. He talked about Pennsylvania, Ohio. States that he

:05:27. > :05:33.won because of these voters, working class white voters. Those who lost

:05:34. > :05:39.their manufacturing jobs since Nafta. There is no doubt that even

:05:40. > :05:43.people who are against Trump agreed that there are problems with local

:05:44. > :05:48.trade policy. It's the same type of voter in middle England who voted

:05:49. > :05:51.for Brexit, you see the same voters in France supporting Marine Le Pen.

:05:52. > :05:59.This is a problem they have not addressed. That's the problem with

:06:00. > :06:04.Scotland because the industry all went. Thank God for North Sea oil,

:06:05. > :06:09.some would say. Interesting that you say that the workers work up to the

:06:10. > :06:14.problems of globalisation. At Davos that did not look like it. Mainly

:06:15. > :06:23.blokes again having a nice time. Right! Staying with the FT. Looking

:06:24. > :06:31.forward to a pledge to nurture worlds leading industries. --

:06:32. > :06:35.lukewarm welcome. Jumping to the end of it, one woman, Director General

:06:36. > :06:40.of the CBI, Caroline Fairburn, said it was better than not to have an

:06:41. > :06:47.industrial strategy. It's been done by all sorts of problem, praising

:06:48. > :06:51.the industrial strategy, giving that industrial spending accounts for 43%

:06:52. > :06:57.of gross domestic product we need a plan on how to invest that money.

:06:58. > :07:03.This does not look like a new plan, it looks like a mishmash of old

:07:04. > :07:13.stuff. According to business sources, this has been hyped to the

:07:14. > :07:18.hilt. It basically was a warmed over announcement of things announced

:07:19. > :07:27.before. I think it was important to have that upfront, this is our

:07:28. > :07:31.response, to the same voter that we're talking about with Trump, this

:07:32. > :07:37.middle England voter, this response seems a bit empty. I think we had a

:07:38. > :07:42.caller on that. You compare it to Trump. Would he call it a discussion

:07:43. > :07:47.document? He would not come he would say, we are having this and then

:07:48. > :07:52.argue about it later. Is that a good thing or a bad thing? Sometimes a

:07:53. > :07:59.good thing when you get a mealy-mouthed piece of stuff like

:08:00. > :08:07.this which is only on your front page, no one else's. Let's go to the

:08:08. > :08:15.Daily Telegraph. Trump promises closer ties with UK. They are making

:08:16. > :08:19.it clear that this bilateral relationship is going to be

:08:20. > :08:27.pre-eminent. But it's going to work. Your view? Interesting that they

:08:28. > :08:35.have invited Theresa May is the first foreign leader to come over.

:08:36. > :08:42.It is symbolic. The Brits are obsessed with this special

:08:43. > :08:46.relationship. We are deluding ourselves by thinking that we will

:08:47. > :08:51.be at the front of the queue, we have to years before Brexit happens,

:08:52. > :08:55.we're talking about specific trade deals, other things high on the

:08:56. > :09:03.agenda now when it comes to trade, suddenly turning round and asking

:09:04. > :09:08.what will happen, even two countries that like each other, these things

:09:09. > :09:14.take almost a decade. We saw it with Canada, this evil trade monster! I

:09:15. > :09:18.think we have a lot of nice words coming out of the White House today

:09:19. > :09:23.and Sean Spicer said nice things about the Prime Minister but...

:09:24. > :09:33.Lynn, how does that square with what you said earlier, I win, you lose,

:09:34. > :09:38.how will we get a great trade deal if he's looking out for American

:09:39. > :09:42.workers? If you look at the bottom line we've never had a great trade

:09:43. > :09:47.deal with the United States. We deal more with Scotland which is 5

:09:48. > :09:51.million people than we do with 300 million people in the USA. We talk

:09:52. > :10:00.about the special relationship, they never talk about it in the States,

:10:01. > :10:04.do they? Honestly. I would say, on trade and economics, No. I spent

:10:05. > :10:08.years in the Pentagon and frequently you would go in and see people in

:10:09. > :10:13.senior positions, and they would be British. So on military intelligence

:10:14. > :10:19.there is that special relationship. There is intelligence sharing

:10:20. > :10:35.between two countries that no other two countries share. Liverpool we

:10:36. > :10:40.all speak English. About Michael Fallon he says he can't say anything

:10:41. > :10:52.but Americans are spilling the beans. I did actually watch this.

:10:53. > :10:56.Michael Fallon, is see a Sir, or a lord, I don't like titles I will

:10:57. > :10:59.call Michael. He was talking in the House of Commons today, and

:11:00. > :11:02.apparently not knowing that the Americans were spilling the beans

:11:03. > :11:06.because one backbencher stood up and said, do you know there's an

:11:07. > :11:10.American spilling the beans? Why were they not better briefed and

:11:11. > :11:17.also yesterday when you saw Theresa May when she was asked four times on

:11:18. > :11:21.the Andrew Marr show, that was a pathetic response for a minister who

:11:22. > :11:29.still enjoys some credibility from us. She's got to sharpen up act and

:11:30. > :11:39.get PR advisers. The Trident missile system is from the USA. The US Navy

:11:40. > :11:43.has two overs either testing because it was in Florida. I do have some

:11:44. > :11:47.sympathy that the government because first of all missile failures

:11:48. > :11:51.happen. This just happened to be very badly timed. The other thing

:11:52. > :11:56.is, if you are having a nuclear deterrent don't tell the world it

:11:57. > :12:06.doesn't work! I have some sympathy with the Prime Minister, you don't

:12:07. > :12:15.go public about this. I suppose the point is, for national security

:12:16. > :12:24.reasons... We don't fire these missiles often because they are very

:12:25. > :12:32.expensive. We have a huge investment in something, we are not even sure

:12:33. > :12:39.it works that way. Crash test dummies, the USA trips up Theresa

:12:40. > :12:43.May and Michael Fallon. The Metro is showing the other papers the way. We

:12:44. > :12:48.are running out of time so I think we will be going to, a very quick

:12:49. > :12:55.look at the Daily Express. Main must fast-track Brexit, a big decision

:12:56. > :12:59.from the Supreme Court tomorrow morning. This is one of the routes

:13:00. > :13:03.we expect the government to go down, if they lose, and the High Court

:13:04. > :13:08.says, you must go to parliament before you invoke the divorce close,

:13:09. > :13:13.they will put out a one sentence law, which says, we give the Prime

:13:14. > :13:16.Minister the right to trigger Article 50. That's basically what

:13:17. > :13:22.Tory backbenchers are suggesting. The Guardian has an interesting

:13:23. > :13:33.story which makes the point not very convincingly that legal advice says

:13:34. > :13:40.you cannot go that way. Not very well drafted legislation and we

:13:41. > :13:45.could end up with more. You need to go to a longer process than a one

:13:46. > :13:50.sentence piece of legislation. Now we will link two stories, Trident

:13:51. > :13:54.and another story that has been running throughout the day, problems

:13:55. > :14:00.potentially with browning your food a bit too much and the possibility

:14:01. > :14:07.that it might show signs of cancer in a test animal. This is the Matt

:14:08. > :14:12.cartoon. The latest submarine, armed with lethal overcooked roast

:14:13. > :14:22.potatoes. There is a real sense that the roast potatoes might work better

:14:23. > :14:27.than the rest. I think this is a terrible story, in a way. We've got

:14:28. > :14:32.to stop battling people with all the things that are bad for them because

:14:33. > :14:36.they just give up, smoking, drinking too much and being overweight. If

:14:37. > :14:42.you can crack those three things written would be much happier.

:14:43. > :14:49.Peter, you weren't brown your toast too much tomorrow? I've stopped.

:14:50. > :14:55.It's got to be gold. Thank you both for joining us for a look at Fleet

:14:56. > :15:00.Street's finest work. That's it for the papers, many thanks to our

:15:01. > :15:01.guests, Peter and Lynn. Much more coming up. Now it's time for the

:15:02. > :15:05.weather.