The Chinese government is investing heavily into becoming food-independent, and when we look at Canada's comparative advantage in agriculture, it's our farming practices. Because Canadian farmers and ranchers are growing food in some of the harshest conditions in the world, by necessity, the equipment has to be top-notch. That is what makes our industry so innovative and so strong.
When we look at China, the efforts there, the types of farming they have, are still very manual and the land sizes are relatively smaller, generally speaking. We have encouraged the government and we've spoken with Minister Champagne about this issue specifically, encouraging the government to pursue an agreement with China. Other areas in Asia depend on the type of equipment, so we applauded the signing of the CPTTP but more from the perspective of giving Canadian farmers much broader markets, a stronger financial statement, if you will, and by virtue of that, that will enable them to invest into the latest and greatest farm equipment. In Asia generally, we think there's a great opportunity for the federal government to be pushing and opening up more markets.
Mercosur is unique. Argentina and Brazil are unique because they have tariffs on agricultural equipment. In most markets, Canadian-made farm equipment flows without tariffs, so for that reason, we would like that to continue. In Argentina and Brazil, the tariffs are prohibitive, as our members have identified, and I made reference to in my comments.