Can you bring us up to date on the latest developments on those two matters and, um, tell us whether you think they're connected in any way?

We are talking about two separate processes.

The first one, w-when it comes to trade, this is part of, uh, uh, Trump's aggressive, uh, policy against the whole world, not-- it's nothing really particularly related to Brazil.

Uh, and in fact, it, it, it does not affect Brazil's, uh, Brazilian economy, uh, very deeply, uh, because now we have less than ten percent of our exports go to the, to the U.S.

Uh, it used to be, fifteen years ago, about a quarter.

So in a sense, we are already redistributing our, uh, foreign trade, and this has to do with the, the strength of the agricultural sector, which is, uh, attending the demand that comes from Asia, basically China, India, and so on, Asian as well.

Um, uh, and there is a, a, a less, less of an interest in, in the U.S. market in-- except for specific sectors.

Beyond these two specific examples of the latest tariffs and this election matter, how are the actions of the Trump administration since Trump returned to the White House, uh, eighteen months ago affecting Brazil?