Dani Burger

How does that factor into discussions going forward?

Do you think that that will be an increasing part of your thought process as you go through some of these trade negotiations?

We're hearing about not only this deal with respect to TikTok and some investors in the U.S., but also a review process to sell H200 chips.

into China.

And I'm just wondering, stepping back, if all of these are pieces of a bigger deal that will come to fruition in 2026 between the U.S.

and China.

Do you expect a bigger deal other than just sort of steady reset kind of idea that we've talked about with respect to the U.S.

and China?

Do you expect something more comprehensive to be outlined next year?

It seems like the tech wars have been behind a lot of the negotiations over the past 12 months, in particular, not only with China.

but also the European Union.

I'm just wondering where some of those discussions are with respect to some of the restrictions and regulatory investigations Europe has been making toward U.S.

tech companies.

Where are some of those discussions?

Ambassador, coming into 2025, a lot of people were wondering who our allies and who our adversaries would be on trade.

And we were talking about who traditionally have been U.S.

allies and who haven't.

Have you been surprised at who's been most difficult to deal with in 2025?

It has surprised a lot of people in the markets to see the likes of Europe be a more contentious discussion than other regions, even sometimes China.

Ambassador Greer, just to finish up on Mexico, which has been negotiating from what we understand.