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Around the world as they form trade agreements with each other and with us. i m canadian. we don t have a homegrown auto industry in canada, right? so the president said it would be much easier to impose tariffs on cars coming from canada if canada doesn t make a deechlt i m not sure that s true. the cars made in canada that come to the united states are generally speaking american companies, they are certainly not canadian companies. that s the agreement, that s how american cars are sold in canada because some of the cars are made in canada and some are sold in the united states. that s the basis for nafta, that s the basis for the free trade agreement that was the predecessor for nafta, that was the basis for the free trade agreement. i m not sure it would be easier to impose tariffs on cars built in canada. easier, i don t know. the one thing i know is the clock is ticking for canada. canada sees a deal with mexico. and we and mexico have urged canada to show up for this deal. ....
Manufacturing parts will have to be in factories where people earn $16 an hour or more. what is the aim there? that mexican workers get paid $16 an hour more or that american factories don t move to mexico? i think that in the fullness of time, mexican workers will see those wage increases and it might even a little bit happen in the beginning, but i think what that does is it gives us a guarantee that american workers are going to be protected by this deal because especially at the beginning that it requires that a whole bunch of american production be in cars. don t forget that really the focus of the deal is that parts shift through mexico. so mexico as you mentioned, we already had zero agricultural tariffs and a nafta deal that could be approved, but it was much better than deals with other countries. but the problem is that china has a 25% tariff on our cars and we re trying to resolve the dispute with them. in the old nafta rule, then basically they could ship parts through mo ....
An agreement with mexico, but the neighbors to the north are vital for nafta s success, if we are still looking for nafta. are they pushing for a deal to be beneficial to its middle class? we ll talk to the kevin hassity who is standing by. we ll talk to him after the break. break. my mom s pain from moderate to severe rheumatoid arthritis was intense. i wondered if she could do the stuff she does for us which is kinda, a lot. and if that pain could mean something worse. joint pain could mean joint damage. enbrel helps relieve joint pain, and helps stop further damage ....
here s the thing, i want to read you criticism from a newspaper, that liberal rag, the wall street rurnl journjournal, presidents of america and mexico announced a new trait agreement monday that donald trump called much better than the north american free trade agreement. this is half a nafta that contains some improvements but is notably worse in many ways. whether it can pass congress is far from certain. now, the wall street journal doesn t go out of its way to criticize you guys at the white house. i understand the half the nafta program because canada is not involved just yet. why do they say it is notably worse in many ways? well, if we went through point by point, he would feel a lot better about it, but with the thing that just came out yesterday and there are a lot of details that are still going to come out, but the basic idea is that by buddening down the deal with mexico, we formed a model of deals with other countries. so mexico has accepted the car ....
Critical to a successful overhaul of the north american free trade agreement or nafta. so let s take a look at this. the president did say it s the biggest, come on, you ve got to be kidding me, this is not working again. okay, we ll let the control room deal with it. for starters, the president did mention that this is the largest trade deal ever. that s not true. nafta was bigger and it would be rational that nafta is bigger because it involved canada and the united states. nafta had 489.5 million people covered by this. top largest trade deal ever incidentally doesn t involve the united states. it goes to the european union japanese economic partnership agreement that accounts for one-third of the world s economy. it s a brand new trade deal that the u.s. is not involved in. here s what is included in this deal between the u.s. and mexico. tariffs on agricultural products traded between the two countries will remain at zero, which is where they were under the original nafta agreemen ....