Thank you, Mr. Chair.
Good morning, witnesses. Thank you for being with us. I also thank you for your presentations, which have taught us a great deal.
My first questions are for Mr. Donally.
As you said, the latest executive order from President Trump, from the American administration, puts a tariff on the total value of a finished or intermediate product exported to the United States, not just on the steel and aluminum that were previously targeted.
In your opinion, does this seem to contravene the rules of the free trade agreement, the Canada—United States—Mexico Agreement? In that case, it would be illegal.
In your opinion, does that also seem to contradict the previous order applying a 50% tax, or customs duty, on steel and aluminum, whereas now the percentage is much higher?