If I could jump in on that very point, there are a couple of other important differences between the Canada-Korea talks and the U.S.-Korea talks. The first is, as Gerry just mentioned, that the U.S. is getting two assembly plants out of the deal, and that's very important.
Secondly, the American dollar has depreciated substantially against the Korea currency, by about 30% over the last few years, while these negotiations were occurring. That greatly reinforces the ability of American companies to stay in business. For us, it's the opposite. Our currency has appreciated against the Korean by 20% to 25%. So on top of the 5% or 6% or 7% tariff headstart that we're going to give Korean producers, we've also given them a 20% to 25% currency headstart that will compound the problem.
The third big difference is that the American tariff on vehicle imports is much smaller than ours, 2.5% versus 6.1%. So they had much less to lose in the auto case as well.
The Americans had less at risk than we do, yet the Americans negotiated a better deal than it looks like we possibly can. That's an incredible irony.