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Ramped up already 62.5% of products sold and applicable to this zero tax regime in nafta goes up to 75% on everything made in-dash product has to be made in nafta countries to qualify for that zero tariff thing. if canada's not in this, don't have steel, aluminum, impossible. the deal is functionally not applicable. by the way, the senate has control, rather, the congress has control of the american trade policy. the president is congress' representative. the senate has the ability to weigh in on this on some point. if the deal falls apart it is incumbent on congress to say, up or down, whethe...

That are because of this trade dispute that we're in with mexico. the agreement includes new requirements on car parts and production. under this deal, 75% of a car's parts must be made in the united states and mexico. that's up from top original nafta requirement of 62.5%. now, add to that that 40% to 45% of the parts of the cars must be made by workers earning at least $16 an hour. not an average of $16 an hour, but they have to have a minimum of $16 an hour. the u.s. trade representative says the goal is to level the playing field and stop incentivizing low wages, which is typically a reaso...

>> i like to call this deal the united states-mexico trade agreement. i think it is an elegant name. i think nafta had a lot of bad connotations for the united states because it was a riff-off. we will see whether or not we decide to put up canada if they want to make the deal. the simplest deal is more or less already made. it would be easy to do. >> while nafta may not roll off the tongue, u.s.-mexico trade agreement would be -- so that's not that elegant. let's take a look at what's in the agreement between the united states and mexico. the deal requires that 75% of automobile parts must be...

I think nafta had a lot of bad connotations for the united states because it was a riff-off. we will see whether or not we decide to put up canada if they want to make the deal. the simplest deal is more or less already made. it would be easy to do. >> while nafta may not roll off the tongue, u.s.-mexico trade agreement would be -- so that's not that elegant. let's take a look at what's in the agreement between the united states and mexico. the deal requires that 75% of automobile parts must be made in the united states and mexico in order for a car to avoid tariffs. that's up from approximate...

The overarching support of president trump. they know that the economic relationship with states matters. they know president trump means what he says. they have to work with him. so that means they have to say yes to certain things because without us, there will be even more economic problems if you have a socialist leader, you have a party down there and they are going to need economic cooperation with the united states. part of it is, living -- automobile manufacturing 75% here versus 62.5%. but what it says is, that's right. mexico knows that america matters and they have to work for presi...