I think that what we've done in this agreement has transformed the expectation of how more strict supply chain regulations ought to work that aim to benefit workers, and I think all in the spirit of levelling the playing field.
What needs to be seen is how this works in practice. I say that because we are in the midst right now of seeing a very comprehensive set of uniform regulations for that rules of origin chapter being developed. I think the rules of origin chapter does things that no other trade agreement has done, and they were very important changes that had to be made—supremely important.
However, these uniform regulations are going to spell out the fine details. We're going to watch that process unfold very carefully. There are issues around, for instance, the $16 threshold that was introduced, where in the text of the agreement it refers to this $16 as a minimum. When you read the footnotes of that chapter, you see that it's actually an average facility: $16. That changes the dynamic. Then further in the uniform regulations, we're going to find out how you're going to calculate that $16.
While I think on the top level our auto membership were surprised, but pleasantly surprised, that we would make such a change in how these rules work, people are also waiting to see all of the t's crossed and the i's dotted on how this is going to work in practice. Are we getting there? Absolutely, but there are a lot of things that still have to be sorted out.
That's what I'll say to that.