00:00South Asia seems to have been hit particularly hard by these tariffs.
00:05Is this because of their affiliation to China?
00:09Yeah, absolutely it is.
00:10I mean, China has very much protected itself, not least after the first term of Donald Trump.
00:16You know, the last time he was in the White House, they've done a lot to try and protect and shelter their economy.
00:20But also in the wake of COVID-19, when they were absolutely smashed by, you know, nobody buying or selling for a long time.
00:27So they use a lot of these third countries.
00:30It's called trans shipping.
00:32The Americans, the Washington administration, describe it as China plus one country.
00:37So we're talking about Cambodia, Vietnam.
00:40There are other countries on that list, Malaysia, Indonesia.
00:44And they actually stand to be the worst affected.
00:46I think actually China will be quite well insulated from this latest round.
00:49But they, whilst, you know, these sort of these countries have benefited hugely from this process that, you know, China have been using their cheaper labor and they've been trying to take advantage of that, they will be hit by these tariffs.
01:02And it is causing, you know, concerns and worries for the market.
01:06Businesses like certainty.
01:08They don't like to see, you know, anxiety on the markets.
01:12And, you know, there is a lot of chaos surrounding this Liberation Day round two.
01:19equilibrium.
01:22You know, it causes religiated by a lot ofWhen charlie, amen, they call an ambulance.
01:28And, you know, there are waves and yourенты that do not along with that, but you know, an auxiliary device there that you built off the radio cloud of radio.
01:35And we say there are several technologies you care about.
01:37And that's why we don't lock it open to the bandwidth anymore if we're not partitioned by Terre 여� word, you chose the importance of learning.
01:41And this is going to be a lot of corridas.
01:42And that's tough definition.
01:43So let's go to believe that now.
01:44Be years behind salty andè´ˆ hand, you know, you could be blinded by which services betweenjutant sales users.
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