00:00and while the reciprocal tariffs will no longer go into effect tomorrow as
00:28originally announced, but be extended for another few weeks until 1st of August.
00:34This move actually extends the period of uncertainty, undermining long-term investment and business
00:40contracts and creating further uncertainty and instability.
00:45Economic uncertainty has real-world consequences, as we all know, on countries and on sectors.
00:51Adding to the uncertainty created by the tariffs and related trade measures, we're simultaneously
00:57seeing deep cuts in development aid, creating a dual shock for developing countries in
01:02the world of trade and aid.
01:04G7 countries, which together account for around three-quarters of all official development
01:09assistance, are set to slash their aid spending by 28% next year, compared to 2024 levels.
01:17This would be the biggest cut in aid since the G7 was established 50 years ago.
01:22In short, in today's context, a perfect storm is brewing.
01:28Just as trade becomes more unpredictable, external support through aid is also shrinking.
01:33But not all countries, of course, feel the impact in equal measure.
01:37All these factors hit those with the most to lose the hardest.
01:41The countries facing the highest reciprocal tariffs are also the least developed.
01:45with Lesotho, Laos, Madagascar, and Myanmar facing rates between 40 and 50%.
01:53Laopdr and Myanmar now both face a 40% rate, as announced yesterday, which is lower than
01:59the initial 48% and 44%, respectively, but still among the highest announced thus far.
02:06We have a ton of winter, but the weather is absolutely to feel.
02:22We have the blue letters from Donald Trump, which have been sent by the 1. August.
02:27The high levels should also be in force, but because the 1. August is the 1st, we all know that this time
02:33will be used to be used to be used to be used to be used on the line.
02:36I am sure it will be used to be used to be used to be used to be used in fashion.
02:39Am Ende werden wir sehen, es gibt zwar Zölle, die tun auch weh, aber sie schmerzen nicht so
02:43wie das, was wir Anfang April gesehen haben.
02:46Das Zollthema hat ja zwei negative Aspekte.
02:49Zölle an sich immer schwierig fĂŒr eine globalisierte Weltwirtschaft.
02:52Das zweite Thema ist natĂŒrlich die Unsicherheit.
02:54Was kommt denn jetzt an Zöllen?
02:57I think that we will have the final final Zöller.
03:01In the transatlantic trade, there is a security plan.
03:05The Zöller do not do well, but they can live with them.
03:09They are still a bit more than that.
03:12And Trump has become a promise.
03:27That's me regardless of the case.
03:32I believe there are other seeking for us.
03:38They are Oyster
03:43They are Bridget
03:48They are at our national outset.
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