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but we are opposed to country-specific rules of origin. >> general? >> so, canada always meets the 62.5% minimum for rules of origin in north america, and very often, as a matter of fact, in like 88%-89% of the time, we far exceed even theoretical drafts that have been submitted in terms of made in america content. and the reason for that is -- and i alluded to it earlier on in the presentation. it's fascinating to watch, especially in southern ontario. they have these enormous trains that come from the u.s. with canadian engines fueled by oil that is refined in texas and sent back up on our east coast, taking metal that came out of the ground, probably in canada, refined in the united states, turning it in canada into

stamped bars, rebar, that goes south, where they bend it and pour it into molds, and the train then brings the car back across the border into canada, where they put in the wheel assembly, then it goes back down south where they put in all the cabling and all that kind of stuff, which is labor-intensive, and then they -- by south, i mean the united states -- then it goes back across the border for the furnishings and the stereo system, which more often than not comes from california. okay, so, what is the u.s. content of that car? it's huge. we're still trying to figure out what it is. because eventually, more often than not, the big car companies in canada are owned by who? you. who's american in the room? you're -- yeah, you guys. absolutely! you, sir. and the majority of shareholders are american.

so, this is an issue which we're watching very closely, but it is in the main a discussion point between our other friends in the main. >> well, thank you very much. merci beaucoup. we appreciate all of the information from our panelists and appreciate the questions and there is obviously a lot of interest as the day goes on. so, thank you. have a good rest of the day. thank you. so, you're going to make the logistical announcement? >> yes. today, georgetown university hosts a forum on the legacy and agenda of former president bill clinton. we will take you to a panel discussion featured former white house officials from the clinton administration, live starting at 9:45 a.m. eastern on c-span2. the house ways and means committee begins its work on the republicans' tax reform plan today before sending it to the

full house for debate and votes. watch live coverage today starting at noon eastern on c-span2 and c-span.org, and listen live using the free c-span radio app. during tuesday's "washington journal," we're live in baton rouge, louisiana, as part of the c-span bus 50 capitals tour. louisiana secretary of state tom schedler will be our guest on the bus during "washington journal" starting at 9:30 a.m. eastern. now to a portion of the senate energy and natural resources committee hearing on oil and gas drilling in the arctic national wildlife refuge. lawmakers heard from environmental experts, biologists and representatives from alaska native regional corporations.