Thank you both for coming in and being in front of us here today as witnesses.
I'd like to talk to Mr. Zekelman. You mentioned section 232 and how it related to NAFTA. I think that's why so many people were really discouraged when there was no resolution on this tariff thing.
You also brought up a really good point, because this is a long-term problem. We understand that the Americans had an initial strategy for this. I think we've known about it as a country since the G7 of 2017. Apparently the Americans have a strategy, and the target is China. My understanding is that these tariffs were used to stop dumping, to stop diversion. Other countries kind of got ahead of it. I think Australia, Korea, Chile, the EU and Japan have all accepted some type of quota system. They are working with the Americans on this global strategy to stop the long-term problem.
I want to ask you about that. Do you think the American strategy for addressing this in the long term is a good strategy? My understanding is that this is what this quota system is all about. It's what these tariffs they are putting on these countries are all about.