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To the new nafta, usmca will become the law of the land. 25-year-old trade agreement thrown out in favor of the new trade deal with our two biggest trade partners, canada and mexico, 1.2 trillion dollar deal. wilbur ross says big benefits for both the auto industry and farmers. it will create 176,000 new jobs in the auto industry and inject 34 billion. how do they do that? by requiring the 75% of auto parts components manufactured right here in the u.s. and 40 to 45% of auto parts must be made by workers who earn at least $16 an hour. that is a big benefit to u.s. workers. a big benefit to u.s...

Commission back in april project the that the deal would boost the u.s. economy by $68 billion, and would add 176,000 jobs, six years after taking effect. let's switch gears now and bring in msnbc meteorologist bill karins with a check of the weather. holiday travels arrived. >> it has. >> what are we looking at this weekend? >> the southeast, a couple of minor spots, some issues but nothing horrible. i don't think we will have a lot of cancellations or delays out there. and one of the stories has been the cold in the northeast, and it is still chilly this morning but the winds are not as ...

That's white democra that's why the democrats approved this deal. but a study dup by the international trade commission this year estimated that it would only create 176,000 jobs over the next six years and was in total add 0.35% to the gdp. so bit of a moderate impact, i would say, as far as the economy is concerned, but certainly removes one element of uncertainty in the near future. also i want to take you to goldman sachs because they are back in the news again. this time "the wall street journal" reporting that the investment snowbank close investment bank is coming up with a settlement i...

A big number on the economy. we're talking about 12 million american jobs, $1.12 trillion in trading. it's a step in the right direction. >> certainly. >> it provides some of that for investors and business owners. they're saying that over six years this willed a about 176,000 jobs. 0.4%. not a lot but in the right direction. >> let's talk about another trade deal. we know in four days tariffs are expected to go up on a bunch of chinese goods. they have talked about delaying those tariffs. every headline is full of speculation and competing interests, leaking information. where do we stand on ...

Mitch mcconnell said i don't think so. ainsley: they need a useful talking points going into the christmas break. steve: 100 percent. brian: i'm worried about the dairy farmers and auto manufacturers. i don't care about politics. ainsley: going to create 176,000 new jobs. inject $34 billion into the auto industry. over the course of five years, 589,000 new jobs. brian: that's what he said but much slower. steve: this is a gigantic win for donald trump. back in 2016 when he was running for president he said i'm going to get rid of nafta or blow it up or do something. so nancy pelosi is handing ...