I think that kind of multilateral approach is critical. As I said before, the countries that do not have this kind of legislation are going to have the companies that are the dumping grounds for the products made through human rights violations. By not tracing our supply chains entirely, all the way to the raw materials, we make it possible for governments like the Chinese government, authoritarian governments, to hold our supply chains captive.
What that leads to is a lack of competitiveness in the market. It leads to an inability to extract ourselves when there are crises and when there are other kinds of supply chain crises as well. This universal standard of holding companies accountable for knowing where their goods come from addresses a lot of problems that go to food security and national security. These are all things we need to be thinking about.
I think this needs to be a standard with allied nations.