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International Trade committee With regard to the latter part of your question, about the negotiating dynamic, Steve mentioned in his opening remarks that some of the U.S. initial proposals were unorthodox. That's very fair in the case of the rules of origin package they initially presented. In addition to the
February 5th, 2020Committee meeting
Martin Thornell
International Trade committee I have a couple of things. I've said this on a few occasions. NAFTA had the most stringent rules of origin for automobiles of any FTA in the world. In this agreement we have made them significantly more stringent. I think it's important to remember that on aluminum, for example,
February 5th, 2020Committee meeting
Martin Thornell
International Trade committee I can't tell you that.
February 5th, 2020Committee meeting
Martin Thornell
International Trade committee I'll tell you what I do know—
February 5th, 2020Committee meeting
Martin Thornell
International Trade committee We consulted with the companies throughout the process. We asked them, if faced with this sort of requirement, what it would mean for them. Would it mean that their vehicles would no longer qualify? They told us, no, they could satisfy that requirement. They're using North Americ
February 5th, 2020Committee meeting
Martin Thornell
International Trade committee Indeed. It's the nature of the industry.
February 5th, 2020Committee meeting
Martin Thornell