Mr. Speaker, of course, we are referring to general preferential tariffs. Those tariffs were put in place to assist nations in the world that needed to bolster their economies, nations that did not have the same advantages we did. They were put in place in the 1970s. They have become obsolete, quite frankly. We are talking about countries that no longer have third-world status. We are talking about countries such as China. China is an aggressive trading partner. China has the means and ways to produce and manufacture goods that compete with our manufacturing. India is another example. There is a also Brazil and Korea. Korea has an amazing growth rate.
The end result is that these countries are no longer in the same position, and as such, removing these tariffs was the right thing to do so that we could rectify a situation that has become somewhat obsolete.