Thank you, Mr. Chair.
Good afternoon to my colleagues.
Witnesses, thank you for being here. All the information you gave us and all the human stories you shared are very touching and heartbreaking. I echo the words of my colleague Mr. Fragiskatos just now. We stand with you, of course.
Mr. Caron, my fear is that the United States will not have negotiated a fair trade agreement by July 1, because we see that the U.S. president isn't trying to do that. He is just looking for new ways to impose new tariffs and not implement what is already signed.
He is the one who negotiated CUSMA, which seems to be in direct contravention with the executive order from early April. This is the first time that the total value of a manufactured product is subject to a tariff, which completely undermines the trade agreement he himself signed.
If it takes time before a suitable agreement with the United States can be reached, if, for example, it drags on until the mid-term elections or even after that, and if nothing is done, could your members survive the current crisis with the additional 25% tariffs?