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00:00Danny Trump is a businessman, we all know this, but what ramifications will his boardroom politics
00:07and threats actually have or could possibly lead to? Yeah, I mean he's all about the art of the
00:13deal and this is very much the art of the international deal. I think one of the reasons
00:18that markets have been pretty subdued in their reaction is because they believe that with this
00:24conversation it is about starting a negotiation. So of course Donald Trump wants to create a
00:32situation where, as he says, it's a level playing field. Now I think it's catching some governments
00:39a bit on the hop because it's a very different style that they are having to deal with at the
00:45moment. Those conversations are quite tricky. He does come across sometimes a bit like a bull in
00:51a china shop, but of course we've been through a Donald Trump presidency before, we understood
00:57what that was likely to bring and he's certainly not disappointed this time. But I think
01:02at the moment it's very much about negotiation and that of course creates volatility and uncertainty.