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00:00As you have seen, the attendance is really very, very high because what we are going to discuss is how to position Europe in what I would describe as a paradigm shift of the global trading system.
00:14So I'm very glad that I would have the opportunity to inform and debrief my colleagues, the ministers, on the ongoing contacts with my American partners.
00:24I will also inform them about my recent visit to China and, of course, we will also focus our discussion on the next steps, how to prepare our next move in relation vis-à-vis the United States,
00:41but also how to prepare our trading system back in the European Union to prevent eventual trade diversion, how to make sure that we will provide adequate support and services for the European companies in this very difficult situation.