International Trade committee  Certainly. As I mentioned, the IMF has a strict definition of currency manipulation. In fact, there was a proposal put forward as part of the TPP negotiations in the U.S. It was developed by external experts in monetary policy and external economists. It suggested how you could t

International Trade committee  May I add that in terms of the tariff phase-out, the U.S. auto tariff phase-out is back-end loaded. That means on the car side the 2.5% tariff on cars does not change for the first 14 years. It remains in place at 2.5%. Then in year 15 it begins to gradually decline to 0% by year

International Trade committee  You go ahead.

International Trade committee  In terms of the tariff fees we were clear from the beginning [Technical difficulty—Editor]. I'm not sure why we didn't get there, but I know that our advice was very clear in terms of having, because of the North American integration of the market, to land in the same place on t

International Trade committee  Let me answer your question in a bit of a different way. Ford has made the move to be a truly global company, and our Canadian footprint is part of our overall global footprint. In terms of an export platform, today, as Dianne mentioned, we export 90% of the vehicles we build fr

International Trade committee  Certainly. In terms of the consultation process, both as an industry group and as Ford, we engaged with the negotiators. Again, going back to the integration of the North American market, we felt that this concept of integration of the North American auto industry—Canada, the U.

International Trade committee  I'm happy to answer that question. What we're asking for in the TPP is for the IMF principles of currency manipulation to be codified. It does not deal with monetary policy at all; it allows countries to use monetary policy to manage their economy. However, all of the signatorie