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The salary on average is three dollars an hour. do you think they will boost that to $16 an hour? >> first of all, those provisions can be very good. you said the current provision is really 62.5, in actuality, it's only in the 40s. because they do with her cheating thing. if you put in 62 percent and china puts in 38 percent, it counts as 100 percent. it's really lower and the changes really more effective. we haven't seen the details of it but you hit the nail on the head. it doesn't matter what's in that agreement. if we can't monitor it and enforce it effectively, then the agreement will f...

Dollars an hour. do you think they will boost that to $16 an hour? >> first of all, those provisions can be very good. you said the current provision is really 62.5, in actuality, it's only in the 40s. because they do with her cheating thing. if you put in 62 percent and china puts in 38 percent, it counts as 100 percent. it's really lower and the changes really more effective. we haven't seen the details of it but you hit the nail on the head. it doesn't matter what's in that agreement. if we can't monitor it and enforce it effectively, then the agreement will fail for workers and it will fai...

This is a complicated agreement. there are lots of things that are all new. i would think the candidate would be on board wit-- canada on board. i'm hopeful the open issues with canada can be resolved quickly. >> that's steve mnuchin at the white house this morning. sounding pretty optimistic, as trade talks restart today with canada. the foreign minister coming to the white house. the secretary also said the u.s. is planning to move forward with mexico if an agreement cannot be reached with canada. hans nichols talking with the secretary there. president trump announced the updated piece of t...

People and in canada. the latest goes to the eu japan economic partnership that accounts for one third of the world economy. it's a brand new trade deal that leaves the u.s. out in the cold. here's the new deal that's been agreed to, tariffs on agricultural products traded between the united states and mexico will remain at zero. the new requirements focus on car parts and production. 75% of auto content must be made in the united states and mexico. that's up from the original nafta requirement of 62.5%. 40 he 40% to 45% of auto content must be made by workers earning at least $16 an hour. aut...

Is that that simple? >> not that simple. like david was pointing out that the reason he is trying to take at least a mini victory lap, if you will, it's because the framework david talked about puts at least a couple, maybe a couple of particulars to what ultimately president trump is trying to do. this new deal would hypothetical if it were to kind of go forward -- first of all, autos is the big point of the deal. it's a huge economy industry between the canada side, the u.s. side and mexico side. this new framework we'll call it is going to call on at least the manufacturers of autos in nort...