What's really important about having 12 countries all negotiating in this way is the potential for having to set precedents in terms of advancing good trade policy and good treaties. So it's about tariffs, but it's also about the number of issues on the non-tariff side that Rick articulated in his opening statement, and the opportunity to have a trade bloc.
This is more challenging than a bilateral environment, where you're just negotiating with one country. If you're negotiating with 12 countries, particularly in TPP, where a number of those countries are major grain importing or exporting nations, and you're able to look at those issues that inhibit trade—both importing and exporting of grain products—in the family of countries and make some decisions that make the regulatory environment more coherent, more transparent, and more open to understanding for business for both importers and exporters, then there is some real value in that in terms of developing new trade policy in the future.