Let me start by differentiating between buy American and buy America, which were brought up. We're exempted from buy American because of World Trade Organization government procurement regulations. Buy America, however, as I mentioned in my opening remarks, was pretty much the first subject that the Prime Minister brought up with President Biden when he met him on February 23. At the same time, the Prime Minister spoke to Vice-President Harris, as I mentioned. Our Minister of Finance has also spoken with the Vice-President about the unintended consequences that could happen as a result of buy America policies. These are unintended in the sense that products we sell to the United States already have, on average, 21% American content in them, and if those products are blocked from being sold in the United States, then the United States is effectively cutting off its nose to spite its face because of that highly integrated nature.
That is the message we carry across to the United States. I believe we did this very successfully, with a great deal of effort, in the team Canada approach we used for about two years when CUSMA was being renegotiated. We will use a similar approach to remind our American neighbours of the importance of maintaining supply chains and keeping exports open to Canada, because this is not only in Canada's interests but in the interests of Americans.
We were successful with CUSMA and we intend to be successful with buy America.