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Partner at mckenzie and company. also the chair of the canadian finance minister's advisory council on economic growth. good to see you. >> good to be here. >> this is one of those remarkable relationships, strategic, military, economic, and otherwise relationships between two countries that most people don't know about. >> exactly. i mean it is a deep, long standing relationship. and hopefully it will strengthen even through these bit of rough times right now. >> what is interesting about deals like nafta or the free trade agreement or the auto pact before it is there are really -- i call it ...

Remember when nafta came to be and before that the free trade agreement with canada and the fact that came with the auto pact between canada and the united states which was an active decision to create assembly in canada for american company cars at the time. the president is treading on dangerous water here. he torpedos the talks with the canadians and says the answer will be to tax cars coming from canada. that shows a poor understanding of basic economics. >> it does. and canada is our basic trading partner. a big chunk of our economy depends on that relationship. he's playing with dynamite...

Mexico. that was 2015. it's the latest year in which we have numbers. canada and mexico remain the largest destinations for u.s. exports. so this is the stuff that donald trump never says when he talks about it. and what people talk about in terms of jobs, hallie, 14 million u.s. jobs are said to rely directly on nafta and in theory they pay 15% to 20% more than jobs that are lost to nafta. this is the past that donald trump leaves out. but the fact that jobs have been lost is important. >> i want to dig into the jobs thing, ali, because i think it is sometimes tough to hear this discussion. h...

Later. >> we want to dive into some of the impacts some of these executive orders could have. let's bring in ali velshi who know as thing or two about all of this. to set it up, break down nafta. give us the nuts and bolts. >> and where better to do this than in the hallie and ali segment. nafta took effect in '94, derived from the u.s./canada free trade agreement. before that there was the auto pact between canada and america. it was designed to sell american and canadian products more into the mexican market. that was a good market that didn't have heavy machinery. they could buy a lot of th...