foundational

“China’s asks are big foundational issues in U.S.-China policy. Significant concessions would mark a big shift in U.S. policy,” Gertz said.

“This guidance is really intended to support that entire ecosystem by providing foundational accounting guidance that fills in that gap in the middle.”

However, he offered, there are some foundational truths that have to be mutually agreed upon and explored.

This is a foundational principle of the way we were racing at McLaren.

The spokesperson continued: "We know there is much more to do but the foundational work of our recovery is firmly underway, and we will continue to provide updates as we progress."