Thank you for the question.
In the very short term, our main recommendation is to relaunch the regional tariff response initiative because it provides non-repayable assistance. What is more, it is extremely important for SMEs to have access to this liquidity in the short term.
In the medium term, we obviously need to find a more sustainable solution to the tariff issue. We need to reach a productive and lasting agreement with the United States government to eliminate these tariffs as much as possible. That could be done as part of the CUSMA review or in conjunction with it, but it is essential that it gets done.
