consumers. when people argue that trade has cost jobs, innovation has cost more jobs than globalization. in fact, 85% of the jobs that have been lost over the last 30 years have largely been to disruptive activities from technology, not from trade. trade actually benefits this economy. there have been some bad trade policies and bad decisions made over the years, but certainly with canada, one of our most important trading partners, with mexico, where mr. obrador is now the lead candidate, he himself a socialist who could actually turn south on the nafta agreement here, we re angering a lot of people that we shouldn t be angering, our closest allies, not only mexico and canada but the european union as well at a time when we probably need them more than we have in the past. as i like to say, what could go wrong? great to see you. thanks for coming by our modest operation around here. coming up for us, a preview of a special event on this network this weekend. it s about bobby kenne
we get parts from canada. we get goods from canada, goods from mexico. cars are put together at various points across the border. it keeps costs down for american consumers. when people argue that trade has cost jobs, innovation has cost more jobs than globalization. in fact, 85% of the jobs that have been lost over the last 30 years have largely been to disruptive activities from technology, not from trade. trade actually benefits this economy. there have been some bad trade policies and bad decisions made over the years, but certainly with canada, one of our most important trading partners, with mexico, where mr. owner dor is now the lead candidate, he himself a socialist who could actually turn south on the nafta agreement here, we re angering a lot of people that we shouldn t be angering, our closest allies, not only mexico and canada but the european union as well at a time when we probably need them more than we have in the past. as i like to say, what could go wrong? great to
they are reporting that even though the move to mexico would not have cost jobs in kentucky, they saw it as a relatively painless but authentic way to give trump a victory even before he moves into the white house. more mtp daily just ahead, but first hampton pearson has the market wrap. a happy friday to you. stocks ending the week to the downside. the dow shedding 35 points and the s&p down by and the nasdaq dropping by 12 points. one of the big decliners of the gap. shares sinking after report of a second quarter of sinking sales. it also said 2016 earnings would be lower than expected. and volkswagen is cutting 30,000 jobs as it struggles to bounce back from the emissions scandal. the plan would help save nearly $4 billion a year. that s it from cnbc first in
philadelphia, the choice you face when you step into that voting booth could not be clearer and could not be more serious. on the economy, donald trump is not qualified to be our chief economist. he would trigger a reckless trade war that cost jobs, strip 20 million americans of their health insurance. roll back the new rules designed to protect consumers and roll back the regulations we put in place to preserve this planet for our kids. on foreign policy, donald trump is temperamentally unfit to be commander in chief. don t take my word for it, listen to the republicans who have refused to support him. he lacks a basic understanding of the world, justifies torture, suggesting abandoning our allies. over the weekend, his campaign
successful election day november 8th. tell me, if you can, about the tone and tenor if not content of your conversations with paul ryan. that must be tricky. because he and your nominee are as opposed to each other as two members of the same party can get. ryan s message to fellow republicans is in effect take care of your races at home. well, i think the speaker of the house is focussing on re-electing his team. but paul ryan is voting for donald trump. he made that very clear. we re very grateful to have his support. the support of mitch mcconnell and frankly the support of republican leaders across the country. but i have to tell you that you know, part of our message, you know, in north carolina yesterday, what donald trump said in naples on sunday, my message in ohio today, is just you know, donald trump has reached out to many democrats across the country who are tired of these trade deals that have cost jobs and liberal policies coming out of washington. he has reached out t