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00:00I mean, there's no doubt Trump is weaponizing tariffs and using them in a way that is destructive
00:05to the global economy.
00:07Most notably, it's destructive in the sense that it's generating uncertainty.
00:10We no longer know what the U.S. administration is going to do.
00:15We no longer know if the U.S. trade agreements that they've signed and they've complied with
00:18in the past will continue to rule the game when it comes to trade.
00:24And so really the biggest impact is this increased uncertainty that we're seeing, and that makes
00:28doing business difficult, particularly when you're doing business across national borders.