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00:00The rest of the world may not be, but the United States certainly is. We're going to get tariffs from at least 10 to 30% in the next two weeks. How are you sort of appraising that risk and how it could sort of affect the plans here within Germany? So what is the eventual outcome? Let's put it that way. We will end up in higher tariffs. These are the United States. What is what we don't really want? Actually, we wanted to have lower ones because we believe in free trade. This stimulates economies and growth so that that would drive inflation to some point. However, there's one point which is super relevant is we we have to stop this uncertainty. So once there's a deal, the deal should be the deal, and then we can deploy capital again based on facts. How the tariffs look like and hopefully that they are not going too high in the two extremes because that would harm economies. And so can be super important if we finally manage to make free trade agreements in a couple of years and not decades. That's super relevant because what would you do if you have two large, large, large economies which are depending on diversifying and other ones? ASEAN is a super important region growing regional Middle East. We have South America. So there's so many so many regions where we can create other markets on top. And I'm not saying that United States is not a relevant market for us and is still the most relevant market. But still there are opportunities. And then we're ending up in a in a much, much more resilient and better system.

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