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00:00These tariffs come, first and foremost, at immense costs for U.S. consumers and businesses.
00:15But at the same time, they have a massive impact on the global economy, especially hard-hit
00:21are the developing countries.
00:24And this is a major turning point for the United States.
00:28Nonetheless, we stand ready to negotiate with the United States.
00:33Indeed, we have offered zero-for-zero tariffs for industrial goods, as we have successfully
00:39done with many other trading partners, because Europe is always ready for a good deal.
00:46So we keep it on the table.
00:49We can take a couple of questions.
00:52Anders, please.
00:55But we are also prepared to respond through countermeasures and defend our interests.
01:01And in addition, we will also protect ourselves against indirect effects through trade diversion.
01:09And for this purpose, we will set up an import surveillance task force.
01:15We will work with industry to make sure we have the necessary evidence base for our policy
01:21measures, and we will stay in very close contact to minimize effects of our actions
01:28on each other.
01:29You told us about an import task force.
01:34What Norway fears, it's a protective tariff where Norway falls outside.
01:40So it's very clear that we are open for negotiations and that, in parallel, we are preparing a
01:48potential list for retaliation and other measures for retaliation, if this is necessary.
01:53We prefer to have a negotiated solution.
01:58The relevant partners, Maroš Šefković, our trade commissioner, and Secretary of Commerce
02:04Lutnik, for example, are in very close contact on that topic.
02:09And it is clear that negotiations have to go deep into technical details.
02:14So this has to be solved first, and then comes the next step.
02:18Thank you very much.
02:22To the President and Prime Minister.
02:23Good afternoon.

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