few days ago.
an influential senator, charles
grassley, said he would not
approve the deal going through
if the tariffs were still in
place.
trump used these tariffs as a
way to have leverage over these
countries.
now that the deal was sealed, he
is facing more pressure to lift
of them.
canada and mexico were pressing
through the whole process for
the lifting of these tariffs,
and it is more of a practical
measure for trump than anything
about prices and the national
severity, which is at the
heart of this, too.
carl: you're talking about this
new nafta, the trade deal in
place between the countries.
this is something that trump
campaign on redoing, saying this
was a bad deal for the u.s.
what about the new nafta?
steven: the new nafta for trump,
it updates some things.
it updates labor standards,
requiring more minimum wage
manufacturing in these
countries.
it requires more local
components for cars.
they will reach the zero-tariffs
eligibility, for example.
but ultimately, it does...