Thank you for the question. I would answer it in two ways.
First of all, we're a company that's over 100 years old, and Henry Ford was all about protecting the environment. When it comes to sustainability, whether it's how we manufacture our cars, how we build our cars, or the materials that go into our cars, for every component there's a strong thought process around making sure we're not doing anything that would be harmful to the environment. I can't speak to any component that I am aware of that is harmful to the environment that Ford Motor Company builds or produces in any of our manufacturing plants.
When you mention fair trade, I might look at it a little differently. I hadn't thought about it in the context that you mentioned. As I mentioned in my remarks, we're all about fair trade. When you take countries that we've been trying to work with in the TPP or the South Korea-Canada free trade agreement, those countries are closed markets.
When you look at Japan, 94% of what was built in that country was sold in that country. They only had 6% of the vehicles imported, which is wildly different from most of the other economically developed countries. In South Korea, 87% of the vehicles sold there are produced in South Korea. That's why they're closed markets. That's why no matter what we do, whether it's tariff phase-outs or trying to make sure we have currency manipulation disciplines in the agreements, they're still closed markets. Will they ever be truly open?
That's our definition of free trade in making sure that there are the same opportunities.