you answer that question? Yeah, there isn't necessarily a full-blown strategy that has at least been unveiled publicly. I don't believe that there really exists one behind closed doors either. Instead, what the administration has come out with this time around is something different. They've got a global goal. They've got a goal of structurally changing America's trading relationships with the world at large. That by and large includes changing America's trading relationships with China. A series of goals are being pursued. We've heard about things like there may be more investment restrictions. We've heard about things like there might be more export controls. What we haven't seen is a comprehensive plan that says, look, these are our top three or top five things we're going to accomplish vis-a-vis China. This is how it's being done as part of this global effort of rewiring US trade. Yeah. Let me ask you this question, which is, what do we know about what the material impact has been (4/45)
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