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00:04We'll be putting a terraform of approximately 100%
00:08on chips and semiconductors
00:10but if you're building
00:12in the United States of America
00:14there's no charge
00:16even though you're building
00:18and you're not producing yet in terms of
00:20the big numbers of jobs
00:22and all of the things that you're building
00:24if you're building there will be no charge
00:26so I just want everyone to know that
00:28I didn't even tell you that inside
00:30we discussed the concept
00:32but I didn't so it's a big factor
00:34so 100% tariff
00:36on all chips and
00:38semiconductors coming into the United States
00:40but if you've made a commitment
00:42to build or if you're in the process of building
00:44as many are there is
00:46no tariff. Well there's a
00:48very good prospect that they
00:50will and we haven't
00:52determined where but we had some very good
00:54talks with President Putin today
00:56and there's a very good chance
00:58that we could be ending
01:00the ending the round
01:02ending the end of that road
01:04that road was long
01:06and continues to be long
01:08but there's a good chance that there will be
01:10a meeting very soon.
01:12We're probably going to go with a temp
01:14and then a permanent I think
01:16So the temp is going to be named I'd say
01:20over the next 2-3 days and then we're going to go permanent
01:22Are the two Kevins the leading contenders
01:24for the permanent spot for the chair?
01:26Well the two Kevins?
01:28The two Kevins are absolutely
01:30they're both very good
01:32and we'll go with it.
01:34Thank you
01:36Grazie a tutti.
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