. >> nafta has been a disaster for the united states. a complete and total disaster. >> it was april 2017, three months into donald trump's presidency. and he wanted to withdraw the united states from nafta, the north american free-trade agreement. >> he would say repeatedly in the oval office to everyone who would listen, you know, they're ripping us off. they're taking advantage of america. we're suckers and losers. >> it's been very, very bad for our companies and for our workers. >> he heard lots of concerns when he was out campaigning from blue collar supporters of his who thought nafta had taken jobs from america. >> trump wanted to announce a withdrawal on his 100th day in office. >> a huge freakout occurred when this became known inside the white house and various advisors rushed over to stop this. >> almost all economists think of trade to varying degrees as a potential way to make both sides winners, that, if you in your country are really great at making cars, and i in my country are really great at making airplanes, then it w

>> you begin with nafta, nafta is the original sin in many ways. the left democrats are not against trade or globalization. millions have been shafted as a result of these trade deals and many have greatly benefited. so i think that needs to be understood as one of the grievances that is driving the selection, covid, and previous elections. i haven't followed the link to 72 and the oil, but i think the bernie sanders wing of the democratic party was right about the impact of these trade deals not just on the economy, but on the workers. they remain the heart and soul, not just the white working class, but the working-class brown, black of the democratic party. host: rich, can you talk a little bit about some of these proposed tariff that president-elect trump has talked about. >> first of all, i think the most important point is to realize despite the depiction we get from the left and parts of the right, america has just been economically devastated in the last 15, 20 years. we've advanced much further than the e.u. has. they are higher than they

nafta has taken all the jobs out of these small towns. i've seen it. bel air, ohio. robinsonville, north carolina. those two towns have lost their manufacturing and really went downhill because of it. andrews, north carolina, used to be a wonderful little town. beautiful valley out there. they have no manufacturing jobs. they can't even keep a mcdonald's open in this little town. and it's because the jobs that were there, like the lee plant was there and it closed and went overseas because there was so much incentive, economical incentive and nafta for these jobs to go overseas. host: i've got to get to a few more callers but thanks for chatting. i appreciate it. caller: you're welcome. thank you. i think a majority of americans look at things the same way and if we can find that common ground and start promoting that and if the media could report the facts, not their opinions on the situation, but the facts, i think most americans can come together and find that common ground. hopefully the parties can find that common ground. not fight each other on policy. host: b

of nafta and got this new thing. for the chips act, they have a tweak and it's basically the same thing. you will see that with the clean energy subsidies. >> the subsidies and the i.r.a. any risk of that money being deployed in your mind? >> listen, it's hard to say that you want the government to intervene more in the economy for the help of workers and sort of president trump in the new way the republican party is doing and pull that money back, especially when so much of it is going to red states. i think the location where that money is being spent in all reality will mean it will keep being spent because that's where the votes are. >> okay. >> again, he may end up calling it something also, but the money will still flow. >> jimmy pethokoukis, great to see you. >> you bet. >>> the dow transports are out performing before the election as investors, customers and logistics companies are trying to figure out the tariffs and trade. >> i think there have been plenty of headlines and customer conversations as well whe

and then there's nafta. she wants to see society dominated by and so tell a terry and rosie to so it's area and resumes were starting to take power in europe at that time with the rise of communism, the fastest sometimes cast off is caught between these 2 that the whole novel revolves around the decision which site to take, but at least both these characters become a how does costs are mentors and he's really torn between the $2.00 philosophies. eventually search most of debates turn by on the to rival space, often a deal. and that's just the beginning of the violence. the book ends in 1914 with the start of world war one has cost or disappearing. and so the chaos of battle. when the magic mountain came out, it quickly became an international best seller, translated into many different languages. and over the decades influential people have claimed it as their favorite book, like american critics, susan sontag, who said she'd read it 7 or 8 times in spain. big fan clubs cropped up at schools and universities

, the whole deal with nafta, what got nafta through which is the north american free trade agreementhas led to the collapse of our manufacturing in america, part of that was exactly what you're talking about, this promise that they were going to have these apprenticeships and teach people to do brian: right. charlie: which, of course, the federal government didn't do any of those things. rachel: no. charlie: they took all the manufacturing, put it overseas, didn't do any of that and also didn't enforce any of the trade rules, you know, governing foreign theft of our earlies. and so -- of our materials. and so if trump is going to follow through with it, that could be a very good thing. but she's going to run into, i think, a bit of a buzz saw among republican -- rachel: what is that? charlie: -- who are going to be very wary. the unions are thrilled with pick. sean to o'brien said thank you -- shaun o'brien said, thank you, donald trump for nominating lori chavez, you pledged to us the workers the find common ground to protect and respect labor in network. you put words into action,

this is nafta three. everybody remembers nafta so he's beginning his negotiating this this way. they'll never be 25% tariffs on canada. everybody knows that. >> so if you're saying it's just a negotiation tactic i want to bring in catherine because you're pointing out there was a few negotiations between nafta and now. oh yeah. yeah. >> including two which you left out of this narrative was negotiated by donald trump himself. and he said it was the very best deal that america ever got. and now, apparently it's trash. i don't understand why it's trash, but apparently it's trash and it's not even clear what he's asking these countries to do. i mean, he says it's about fentanyl, but like, no fentanyl comes over the border from canada. you know and even the fentanyl that does come over the border from mexico is mostly brought over by american citizens. so it's not really clear what these countries could do to appease trump. i really hope he is just saber rattling because i agree, at least i think we agree that a 25% tariff on all canadian goods and all mexican goods would be devasta

he wanted to cut off trade with nafta. he thought trade was a disaster. the guy who won the nomination was pat buchanan. his shtick build a wall. immigration and trade are issues donald trump is 100s percent sincere about them beyond that, i don't know. we are getting ready to find out. the wall street journal doesn't do endorsements but in the peace they wrote basically endorsing trump, they said, he's crazy and dangerous but we think he's probably bad at it. we think he will be ineffective at doing this but we think kamala harris will be extraordinarily effective at doing the things which are maybe less dangerous but you will get it done, donald trump will fail to achieve the things you want. part of the reason donald trump won is that when democrats said he will have mass deportation, he's going to do this, they said, when he was president he said he was going to do all kinds of stuff. i don't know that voters take trump neither literally nor serious. he has become a hood ornament for the republican party. in the united states we have a gas pedal party

it as as nafta and trump approved. that's what the usmca really is and now, despite the fact that it's his trade agreement that he passed with two countries, he's now ripping it up with sharp tariffs on both of those. look, disentangling american business from mexico and from canada would be very bad for mexico, very bad for canada, and very bad for american business. >> i want to give you the last word here. you were the chief economist as we said, on the council of economic advisers under president george w. bush. if you were serving in this trump administration, what advice would you share with the president on their tariff proposals and his tariff proposals well, i'm not going to be serving in this administration because i was in an administration that believed in lowering lowering barriers to trade, that american workers benefited from selling our goods around the world, that we fostered allies by having trade agreements with them. >> and that world is gone. there is now a protectionist tilt to trade policy everyw

i see it as whose side you're on and since nafta, and i still hear about nafta, dayton or wherever, sincee aren't fighting for them. we're not seen to be on their side, and as i said, i don't think politics is left or right. i don't think governing is left or right. it means standing up for workers and families, standing up to the drug companies, standing up to the oil industry, standing up to those companies that outsource jobs. that's why i ran seven, eight points ahead of the national ticket, because i make that contrast of whose side you're on and a lot of ohioans, unfortunately, not quite enough this year, because of the national -- the national brand, if you will, but a lot of ohioans understand that, and i think that's the case from maine to california. >> anything you notice that's been different. i mentioned your many terms, your public service. a lot of our viewers know you. anything that's changed a lot over the years in terms of how you found voters and your constituents learn about politics, misinformation, accurate information, grassroots information? what'd you find out the

when i was in the fourth grade, a career politician by the name of joe biden supported nafta, a bad trade deal that sent countless good jocks to mexico. when i was a sophomore in high school, that same career politician named joe biden gave china a sweetheart trade deal that destroyed even more good american middle class manufacturing jocks. when i was a senior in high school, that same joe biden supported the disastrous invasion of iraq and at each step of the way, in small towns like mine in ohio or next door in pennsylvania or michigan, in states all across our country, jocks were sent overseas and our children were sent to war. host: what is your assessment thus far of president-elect trump's pick for his cabinet as well as what you're hoping to see from vice president-elect j.d. vance on economic policy? guest: i think something really interesting that you notice in that clip from j.d. vance is he's pairing together two different issues where the republican party has really shifted. on free trade and economic policy the republican participant and for that matter, the democratic party

did not withdraw from nafta as the president had threatened during the campaign in 2015-2016.the government of mexico and canada, and essentially renegotiated nafta even though he has touted usmca as a new deal. everybody involved with it recognizes it leans heavily and contains a lot of the concepts and the agreements from nafta from the early 1990's, although updated to today's realities. so, we've got a renegotiation of the usmca that by law is part of the usmca, actually revision is supposed to happen by 2026. each country has been debating how that looks like. but, president trump making clear even two months before he gets into office that he wants to see a lot of changes to the agreement that his own administration negotiated just 4, 5 years ago. vonnie: i am just curious because monterey is not far over the border and that is where a lot of factories are, including tesla. how much of a chill is running through that city right now? eric: well, vonnie, certainly for the entirety of the mexican economy, as tim mentioned, the number of leaders who were flanking president s

i have two things, the tariffs that donald trump has proposed he negotiated nafta to usmca and i do not understand the issue with the trade agreement that he himself negotiated. the other thing is that in all all of -- a lot of these illegal migrants into the u.s. over the last four years have been mainly from el salvador guatemala and venezuela where there is economic hardship. many illegal margaret -- migrants living in the u.s. who are mexican have actually ended up going back to mexico because the economy in mexico is good and the u.s. factories have set up there for decades. so they are going back. so this will have a negative impact. you will cause those same mexicans who want to come to the u.s. for mexican -- for opportunities. this does not make sense to me. i am in the import business and i was hurt a lot when china imposed -- when trump imposed tariffs on china. i import area rugs. the area rug tariff went from zero to 35% and it was impossible for me to continue so i had to shift production to another country. i was not taking any jobs away from the u.s. country and i have f

trade deal that trump signed with our closest neighbors to replace nafta, trump is threatening chinah an additional 10% tariff if beijing does not crackdown on their production of chemicals , the mexican cartels they used to create fentanyl that is smuggled into the u.s. altogether, the three countries by about $1 trillion in goods. >> christine, start us off because the facts of tariffs are not as described by the president-elect and we know he has some really good economists lineup, also the treasury secretary that is supportive of this, what does it mean for consumers? especially for the car industry. >> it could mean higher prices and disruptions of supply chains, tariffs are paid for by the entity that imports the goods, whether it is tomatoes or cars or auto parts or shoes from china, the person or entity that is importing that writes a check to the u.s. government to pay that import tax and turns around and in many cases, passes that along to consumers in the form of higher prices. there are a lot of industries that are cross-border industries, vehicle manufacturing in north a

when i was in the fourth grade, a career politician by the name of joe biden supported nafta, a bad trade deal that sent countless good jobs to mexico. cd when i was a sophomore in high school, that same career politician named joe biden gave china a sweetheart trade deal that destroyed even more good american middle class manufacturing jobs. when i was a senior in high school, that same joe biden supported the disastrous invasion of iraq, and at each step of the way, in small towns like mine in ohio or next door in pennsylvania or michigan, in states all across our country, jobs were sent overseas, and our children were sent to war. >> oren cass, what is your assessment thus far of president-elect trump's picks for his cabinet, as well as what you're hoping to see from vice president-elect jd vance when it comes to economic policy? >> well, i think something really interesting that you notice in that clip from jd vance is that he's -- he's actually pairing together two different issues where the republican party has really shifted. on free trade and economic policy, the republican party

. >> with the first term heat cut great deals getting nafta renegotiated, the deal with china, i think he wants to be tough on people until they went to work. >> the usmca is fundamentally similar to nafta. everybody talked a bit about it being a huge change. >> i think that josh's point is really important here because you have all these different people coming together, ostensibly they are differing and challenge one another they are coming up with the best policy, but the underlying thing that unites all of them is their loyalty to donald trump. so if the leadership, right, if the leadership does not have a clear vision of what they are going to do, how they are going to proceed, then really all you have is a bunch of people arguing in the room who then swear fealty to whatever the guy who decides that he wants to make a decision. >> his vision on foreign policy is an isolationist vision that abandons our allies and makes us less safe. i think there will be chaos in the meetings, but ultimately, to a person, everyone understands that he wants to be less involved in nato, he wants us

i looked at numbers, i only looked going back to 2012 but i bet if you went back to nafta and looks from nafta onwards, you would see how we are losing working-class americans and there are democrats in leading physicians who have said on camera that for every working- class person we lose, we will gain two republicans, that's not happening. that's not happening. >> you are right, in the vein of the political process, certainly the politics of the legislation which you know very well as a member, you are right, you will not be gaining republicans that way, this cycle was an offset because all of us in the democracies face was like, the country matters more than the political aspirations of donald trump to be a dictator, so we are going to save ourselves together but now you're in a different space, as you rightly notice, with the new leadership emerging in the senate, as you said, and now with the president, how do you see this actually playing out because there are some of us who would believe, you just let it ride, the country asked for this, the country told you and you laid it out, t

it has been a slow migration away from the democratic party of american workers starting with nafta.n't talk enough about workers or put workers at the center of what we should be doing. my career has been working to do that. and my post senate career will continue with that. how do we make the democratic party the party of workers again? amna: in your estate, people know you and it is a central theme for you but it was still not a winning message. did you lose because of your opponent or because you are a democrat? >> i lost mostly because i am a democrat. i'm not judging him. he spent 220 million dollars against me. 20 times what mike dewine spent as a senator in 2006 when i beat him. the ads they ran about transgender and immigration were proven to be lies. the last two weeks donald trump was on tv and their ads was saying -- were saying that a vote for sherrod brown was a vote against donald trump. hi it tells me that the democratic -- it tells me that the democratic party over the last 30 years and the reputation of the party as a whole is -- betray is too strong a word -- but i

i still hear about nafta in dayton or whatever, since nafta, workers have drifted away from democratsfighting for them. we don't seem to be on their side. and as i said, i don't think politics is left and right, i don't think governing is left and right. it means standing up for workers and families, standing up to the drug companies, standing up to the oil industry, standing up to the companies that outsource jobs. that is why ran seven or eight points ahead of the national ticket. because i make that contrast of whose side you are on, and a lot of ohioans, unfortunately not quite enough this year, because of the national brand, if you will, but a lot of ohioans understand that. i think that is the case from maine to california. >> anything you notice that is been different? i manage your public term, your service, a lot of our viewers know you. anything that is changed a lot over the years in terms of how you found voters and your constituents learn about politics, misinformation, accurate information, grassroots information? what did you find out this cycle? >> all the above. this

yes, there was the usmca that was ultimately signed, an agreement that nullified nafta. it was a new trading agreement between these three countries, but it already prompted the prime minister of canada, who said he got off the phone last night with donald trump after these social media posts and said that the two men began to engage in conversations about what this could look like in 2025, and the president of mexico here this morning telling reporters in mexico that she intends to sign a letter and begin to have dialogue with donald trump. so he is sending a message two months until he takes office he is serious about the proposals that he made during the campaign. >> i am thinking of trump in his first administration, there was, as you mentioned, some not only tariffs in china, but threat of tariffs, specifically in mexico that the threat seemed to work for the united states then, but there is also the issue that you just mentioned, vaughn, of the usmca, which is the trade deal with mexico and canada, that the trump administration had leadership on, blowing out nafta.

they did to the devastations of nafta. they lost job after job because of nafta.ple in those regions. to come back and say it's because you're not very bright, in fact, you stupid, you are garbage, was the most heinous example of campaigning i have ever seen in my life. >> cheryl: knife got gavin newsom, kennedy, saying we are going to trump-proves our state. you're from california. final word from you on that? >> kennedy: how is he trump-proving it, by expanding homelessness and taxes? people can't get out of there fast enough. if they can afford to leave, they are leaving. they are doing what elon musk did, and going to places like austin, texas, where you still have creativity but no state income tax. so he's failed on so many levels. the only thing he's good at is looking like a perfect casting for a presidential candidate. unfortunately his resume -- coat. >> cheryl: spending millions on a home, which he just did. coming up, a new survey says some americans are so stressed about politics they are skipping thanksgiving dinner. we will have more on that next. ♪

thing, i think when you come from ohio, the industrial states, even on the east coast, like trade, naftaissues devastated communities. factories moved over the border, so the idea of a tariff for a working class person is like, yeah, we got to figure out how to make this system right. but the reality, obviously, is you have different. targeted tariffs on steel dumping from china is one thing. across-the-board tariffs are terrible for the economy and bad for consumers, but he sees everything through a political lens. it will be interesting to see how it plays out because they're all in charge. >> right. now, let's pick up where "the new york times" left off where it says the basis of tracking mr. trudeau's plane is intends as a direct effort by my trudeau that he has a plan to address mr. trump's tariff's plans and tariffs should be avoided for the sake of both country's economies. he got on a plane and flew to mar-a-lago, for what? you have people in trump world saying, oh, well, this is just trump sort of positioning and he is just posturing, he doesn't really mean it, he just wants to

>> i thought brian's point on sort of the perception about nafta and globalization is a really interesting one, because we've been talking for quite some time that actually it's deglobalization is going to lead to longer term secular inflation pressures. i think that's fairly lost on the current -- incoming administration, and so, that goes to what i mentioned earlier, that you've got a situation where you've got secular pressures of inflation going higher at the same time you have cyclical pressures with tariffs and the strong growth environment, and that just can't great for yields. necessarily. it could be great for sort of small caps, you know, companies that are really sensitive to strong economic growth, and onshoring, those are the types of companies that are going to do really well in that regime, and a lot of others may be left off. >>> a record day for nvidia as it gets ready to enter the dow tomorrow. the stock is up 10% since last friday's announcement. the company replaces intel, which ends a 25-year run in the index. sherwin-williams will replace dow inc. what do you make of

some less, but the one thing to remember is that when bill clinton worked with newt gingrich to pass nafta china, there was an awful lot of folks who took a hit from that. there are many analysts who tell you at the end of the day free trade is good, but it isn't necessarily good in factory towns in battleground states. at the end of the day, the democratic party did not do enough, you know, to compensate for that. and the way you compensate for that is to say, look, we recognize we made mistakes in the past, we're going to work hard to do it a different way going forward, and to talk about donald trump's record. at the end of the day, there was not enough of that, and it blew back on the democrats in a number of states. >> there's a lot of arguments among lawmakers l chris murphy that the neo liberal order isn't working and nafta is a big reason for that. that is for another longer conversation where we explain all the jargon involved. john nichols, thank you very much. >>> coming up, what some of donald trump's legal advisers have said to suggest the department of justice could be turned

we benefit tremendously from nafta and nafta, part two, and as does the american worker. so i think that's exactly right. that that they'll you know, they'll view this as a transactional relationship with trump. and that's how they'll adapt to the united states as they've adapted to previous presidents before and and then in the end, what the policy is is what will what will matter, not what the tweet is or what the early morning statement is what i took away from this by trump's sort of positive attitude towards both the mexican president and the canadian prime minister, is that he wants this out. i mean, in other words by saying that they were great calls he understands that he they gave him an exit and and then we move. as i said, we may be moving. i'm not sure we're moving forward. we will see what happens next. but there's no such thing as closing the border. and as i said, you know border crossings have been down uh, over the last year about 75%. >> juliette kayyem, great to get your perspective. thanks for joining us and happy thanksgiving. >> thank you. >> thank y

. >>> nafta an equitable story of survival. a camper down a live in the northern rockies after seven weeks. stephanie goff shares how he endured the wilderness implementing temperatures to find his way back. >> lashing thumbs-up in a british columbia hospital. it is nothing short of miraculous that he ended up here. according to the police, the 20-year- old left on a solo hiking trip in early october. his destination, read current kiley park, deep within the canadian rockies. this time of year, the weather is unpredictable and temperatures often plummet to zero. >> the goal is to survive in that time a place. >> if you don't know how, it would be difficult. >> the wild terrain, home to dangerous predators like black bears, grizzlies and wolves. >> large packs of wolves, well over 100 wolves in the pack and they are active hunters in that area. >> benastick is supposed to return october 17 but he did not. instead, the outdoor enthusiast found himself in his own version of the popular show, alone. >> bone chilling cold. >> winter

so in his 1st administration he, we negotiated nafta. um, so the previous agreement about club nasa, the current one has called us n c a ins as we now from the temp administration. and what she wants to do is he going to connect different policy fields with each other, and he's using type policy and the set of tires to get something else. and in this case, the one says strict to border controls to one to contain is ega immigration, he wants to contain or address, or fights, a drug smuggling and so on. and she wants to use us m c a for this, according to the women's, um, he would not be allowed to put a 25 percent type of on products coming from nasa from, from the partner countries. and i'm pretty sure that they would also take those to the um, if we minutes dispute settlement for caesar. but you can split in with this, um and she can do it and then wait, what's going? going to happen? okay. so that, so he's, he's, he's opening shots just turning to the china. we saw in our report the increasingly i aggressive chinese ministry, past you

and they're mad at democrats for nafta. at democrats for not paying attention when they lost their jobs. democrats made the choice of going for liberal moderate republicans when i'm not sure there are any right now. and certainly liz cheney isn't the the mediator to bring them on board instead of speaking to working class people about their needs and hopes. no talk about universal health care, no talk about raising the minimum wage, no talk about benefits that are required and needed by working class people to bring jobs back. joe biden had a good record, but kamala harris didn't emphasize the job creation part for working-class people. and so, yeah, there's outreach needed everyere, but among arab americans, bringing us in and talking to us, joe biden never met with arab americans in his entire time. when i've spoken to other presidents aboutt, they were shocked because they bill clinton met with us every month or so. or al gore did. barack obama met with us or people in his kise tactic. we had no outreach from four -- or

puts a lot of the old, him, the pro war him, that he distance himself from, into the character of nafta. left me hand to muslim watson price is the most about thomas. mine is honest and sincere willingness and courage to change his mind. to put his views, the task again and again, and to write that news, use one and to stand up for those new views until until you revise them again. i think of the some of the magic mountain reflects exactly that in this up when the magic mountain came out in 1924 european society was really on edge versus feeling like today. actually, the restlessness of heightened tensions, existential dread, and the feeling that society could go off the rails. best of luck and at least what was in the air, he writes in the novel, you can sense of tremendous on ease of fear of the future. and suddenly there's the situation at the end of the novel, where things are unraveling, uncertain as to where they start hitting each other, where they're cursing at the steps where the craziest ideas of merch off and people are literally losing their minds. boston is walters. someone

nafta was one of the worst policies we passed.m when he became president on nafta to get the u.s. embassy aid and there are still loopholes in the things we have to address. and i will work to address those. i think at the start of, at the immediacy of saying 25% without looking and really understanding what the impact is because i don't think people understand how intertwined the industry is in north america, and quite frankly, i will say our relationship with canada and our relationship with mexico, yet we call this north america trade. the first thing we need to do, there is a loophole that lets china build a plant in mexico and bring those cars, electric vehicles and other vehicles into this country and call them north america. that's got to stop. i will absolutely support president trump in changing usmca to address that. but i think before we jump, we need to understand what the implications are of what's going to happen, give the industry time to understand it, and what the impact is, and i don't think anybody wants to see

, the bank says when president bill clinton signed the north american free trade agreement in 1993 nafta allowed us companies to move their production to mexico. where labor is significantly cheaper, master locked it, just that downsizing its milwaukee plant in earlier this year, announcing it's closure. and there was no way to compete with that. so the job search is going to move. it's now been 7 months since the master lock company shuddered. it's milwaukee factory and the last $300.00, some workers clocked out for the final time and entered a new uncertainty. and you accumulate all this money for this plan. you know, and they still you, while i transfer you down, which is the chance the adam says he's been struggling ever since to support his children. he now works 2 jobs and still makes a 3rd less than he did at master lock. we found no job that's paying us that money, you know, my skill was wasted. so starting all the way over 44 years ago to bring. 8 in manufacturing, he remembers president brock obama visiting the plant in 2012. the master loc announced plans to bring some jobs ba

. >>> nafta an equitable story of survival.amper down a live in the northern rockies after seven weeks. stephanie goff shares how he endured the wilderness implementing temperatures to find his way back. >> lashing thumbs-up in a british columbia hospital. it is nothing short of miraculous that he ended up here. according to the lice, the 20-year- old left on a solo hiking trip in early october. his destination, read current kiley park, deep within the canadian rockies. this time of year, the weather is unpredictable and temperatures often plummet to zero. >> the

does not want the plant from china to ho monterey and circumvent any tariffs going to try to move nafta a very important point 2.6 million light vehicles shipped into the united states, from mexico. in 2023. and when trump first made this announcement this is what he wanted to do you actually saw shares of ford fall gm fell on the market, but seem to me your overly take is a threat this will not go through, only pushback sheinbaum after this phone call with trump, he said it was a great call she comes back said wait a minute, you know not so fast, so, all we're getting right now are these social media posts from two leaders -- soon to be next president of the united states, how do you gauge this as an investor? because we're getting a lot of rhetoric right now. >> because this is how trump negotiates, he wants you extremely uncomfortable, so he wins that is all how he negotiates. so he is going to be, get canada, mexico to do what he wants. and they will they have no choice other than to cooperate. >> okay. >> just that all they're trying to do is protect political reputation, you know.

party because i was scared that my factory job would be sent overseas, so i got involved to get rid of nafta. and i was tired of seeing my tax dollars spent on overseas wars. i want it to spent in my neighborhood and community. who does that sound like? donald trump today. that's why he won. we've let him co-op our message of the reason i joined the democratic party as a 19-year-old factory workers. and it's no different today. the fastest growing group of middle class workers in this country are latinos. it's another reason why you see latinos moving a little bit to the right. we have to get back to making the the democratic party the party of the workers and the republican party the party of the bosses to win for the future. >> and on that, i talked to bernie sanders on monday night and he kind of alluded to the fact he thought harris might lose, and he said regardless of how the election turns out, the democratic party needs to take a good hard look at itself and was essentially referencing the economy and issues the democrats have been running on in this cycle. do you think he has a poin

the rewrite of nafta, the usmca. autos definitely on the sideline. weight loss drugs and you can have them. 7.4 million people can access glp-1s, spending $35 billion over nine years. what is the rollback risk? jfk junior -- rfk junior gets into power and changes some of this proposition. yes, a proponent of healthy diets. jonathan: we will touch base with manus and about 60 minutes. our top story, donald trump vowing additional tariffs of 10% on all goods from china. 25% on product for mexico and canada. posting on true social, "it is necessary to clamp down on illegal drugs and migrants flowing across the border." lisa: interesting to see the reaction in markets. stocks and bonds are not really responding, except for a couple of select names. it really is in the currency market. it highlights to me how the market is going to be responding in real time and how trump will respond to markets responding to his tariffs. your head is spinning and so is everybody else's. deutsche bank saying the previous playbook was the last that market reacted, the hard

we have a longstanding relationship on free trade thanks to nafta.n an economic boom since nafta was passed, real family incomes have raised by $28,000 per year and our total manufacturing is up 40% during those four decades of free trade. if we actually did see a 25% universal tariff placed n the imports from canada and mexico, just on those two countries alone that would result of 15 hundreds of year after annual taxes on american families. a lot of us don't think of all the products that we get he from mexico. if you look at the top ten lists like beer, tequila, tomatoes, avocados, blueberries and raspberries. i ran the numbers just on the beer component because beer is on the tom ten list. a 25% on the beer alone that is about $20 extra a year per family. this it will be a tough burden for families to bare after four years of biden-omics. >> if this would go in effect and economic affect. but some markets don't believe it is going to happen. otherwise it would have moved in a different direction, no? >> i think the markets are smarter. we're goin

life , and as for those blue-collar workers you are talking about, there has been bitterness over nafta , which was passed and embraced really by bill clinton and george herbert walker bush . ross perot ran, he got 19% in 1992 on the sucking sound that you hear, of the jobs going to mexico, meaning, the gutting of cities like milwaukee or akron so, trump means his tariff but it will not be anywhere near as high on mexico or china as he was intimating. there was a lot of hyperbole by donald trump on the campaign trail, that'll get shrunk down to size it doesn't mean it won't be ardent. >> there is always the question of what a candidate says on the trail and what will actually turn into policy when they are in office. we will be watching that closely. douglas bradley, thank you so much. >>> still ahead on this saturday night, state and federal agencies are looking into racist text sent to mostly black americans, including children, after the election. >>> a suspect is in custody after a stabbing spree in seattle. what we know about the nine victims. you are in the cnn newsroom. >>> tonig