00:00This is a very interesting question, we have discussed it before, the possible taxes could
00:11affect the regions symmetrically on the basis of the productive fabric of the different regions,
00:17but we have seen that Italian companies have a capacity to redirect exports, which is a
00:24very relevant component for their resilience, they are very reactive in redirecting exports.
00:30Obviously, we hope that this does not happen, but it could be less impactful for many regions
00:38outside of Italy.