00:00As of this morning, the United States is applying a 25% tariff on imports of steel and aluminum.
00:10We deeply regret this measure.
00:13Tariffs are taxes.
00:15They are bad for business and worse for consumers.
00:19They are disrupting supply chains.
00:22They bring uncertainty for the economy.
00:26Jobs are at stake.
00:27Prices are up.
00:28Nobody needs that on both sides, neither in the European Union nor in the United States.
00:36Our countermeasures will be introduced in two steps, starting with April 1st and fully in place as of April 13th.
00:46In the meantime, we will always remain open to negotiations.
00:50We firmly believe that in a world fraught with geo-economic and political uncertainties,
01:00it is not in our common interest to burden our economies with such tariffs.
01:06We will be able to take advantage of the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S. and the U.S. and the U.S. and
01:06the U.S. and the U.S. and the U.S.
01:07Grazie.
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