Thank you for the question.
Yes, the United States is threatening to withdraw from the agreement, and particularly pillar 2. The tariffs example is important to take into account here. We were using a multilateral system for international trade. However, the EU member countries, the United Kingdom and Japan decided to go off and negotiate individually with the United States. They have all lost, for now. We shall see how Canada fares.
Obviously, it is a bad idea to tackle it individually, particularly where this international co-operation is not happening, or is happening less, because the United States does not want to participate. It is a bad idea to choose to tackle it all alone and try to put policies in place unilaterally, or to want to negotiate a digital services tax bilaterally with the United States, for example.
We really have to encourage international co-operation. If Canada wants to keep making progress on these issues, which are the same for the European countries and for Japan, India and South Africa, as I said, it needs that co-operation. It cannot go it alone.
