And I think the reason that's the case is because it does offer flexibility that some of the other tariff tools don't, specifically with respect to the duration of the tariffs and the level of the tariffs.

And on the 232 front, as I noted, there's many 232 tariffs already in place on steel, aluminum, copper and their derivatives on auto parts, light trucks, timber, lumber, and their derivatives, and some recently announced new tariffs on pharmaceuticals and semiconductors.

There are also many investigations pending, and I think an important distinction to draw from Pat's comments about the 301s is that 301s are country-specific, and as Pat indicated, they do provide that leverage for negotiation, whereas the 232s are sector-specific, so they apply to imports from all countries, and they are the administration's attempt, as we've seen, to create some opportunity for reshoring of manufacturing here in the United States.

So with respect to pending investigations by the Department of Commerce, BIS, the Bureau of Industry and Security, we've got a lot going on, and that includes pending investigations on robotics and industrial machinery, critical minerals, PPE, which is personal protective equipment, medical equipment, and medical consumables, as well as commercial aircraft and jet engines, unmanned aircraft systems, more commonly referred to as drones, wind turbines.

There's still an outstanding investigation on copper, and then also on polysilicone, more commonly referred to as inputs for solar panels.

And so those investigations are well underway.

In some cases, the expectation is that the investigations and their recommendations have been delivered to the White House, and there is a clock that ticks generally for these investigations to conclude.

And again, so for stakeholders out there that either export to China or import from China, there's an opportunity right now to submit comments and make your voices heard, and there's a potential path for tariff relief that's open.