unions like the uaw. those tears make it hard to work alongside coworkers that have a decent retirement, decent health plan. that is one of the biggest things they are fighting for. when the union in 2008 and 2009 give up sunlight, and the workers took it, and we the companies out. but when profits are 365% more than the median wage, we as workers are standing up. if it is not uaw, tesla will become union. if starbucks and other places are fighting for a union so will they. i hope they win and i pray that our government stays out of it. they have their own election time. none of them are honestly thinking about the workers. we workers have to stand together and think about ourselves. we will win should be our same. host: nathan bomey? guest: it is interesting. i think the uaw is primarily focused on past products the automakers have made. automakers are focused on future profits. that is where the tension is. the uaw says you made profits. pass that on. the automakers are concerned that going forward they

i have family members who have been uaw.nytime they struck it was always the most profitable time and the next thing you know, we are close to bankruptcy or my dad was struggling all the time. whenever overtime was about to be there, they would strike. >> it is interesting. overtime uaw deals have changed to include percentage of a prophet. since the bankruptcies in 2009, uaw members actually get profit-sharing checks with ford, stellantis and gm, those are profit-sharing checks, that is a percentage of the north american prophets for the automakers and that happens to be where they make most of their money. what you are seeing with gm and ford, profit-sharing checks in the order seven, eight, nine, $10,000 at the end of the year, it is a nice boost for the union members at the end of the year. it does reflect, if the company does well then they do well. with the uaw wants and assessed your point, the ceos of making way too much and their bonuses and their pay far outstretched the pay of the average worker. they want some of

you hear sean paint, the uaw president.ould you say to the ceos that the auto companies that say that the union has not been acting in good faith, that there were delays? what do you make of that? >> let's talk about what good faith is. they've had our economic demands for six weeks. we told him for day one, we expect a bargain now and not wait till the end. they waited until last week. we had to file on their labor practice charges on the two companies to get them to come to the table. they waited until the last week to get down to business. shame on them, and what they say is complete bs. >> you heard the ceo of ford said that it would bankrupt them if they meet your demands. what did you think that? >> i think it's a joke. they could double our pay right now. the cost of labor for a vehicle is 5% of the vehicle. they could double our wages and not raise the prices of vehicles, and there was still make billions of dollars. it's a lie like everything else that comes out of their mouths. >> the strategy as three facilities,

particularly the strike of uaw- in any of this? potential for a massive economic impact potentialfor a massive economic impact notjust of the region but the whole of the us? under an act of 19a7 president biden has the authority to call for an 80 day cooling off period that is different than what he did under the rail word workers strike. that wasn�*t different law, the railroad labour act and that allows presidential administration a heavier hand in stepping into a labour dispute. the administration would have the capacity to call for a cooling off period. i�*m not sure that president biden will do that, however. �* , ., president biden will do that, however. �* , . , however. it's an interesting one for him, _ however. it's an interesting one for him, isn't _ however. it's an interesting one for him, isn't it, - however. it's an interesting one for him, isn't it, givenl one for him, isn�*t it, given how he kinda prides himself on coming from that working—class background and speaking for workers and fairness.- workers and fairnes

unions like the uaw. hard to work alongside coworkers that have a decent retirement, decent health plan. that is one of the biggest things they are fighting for. when the union in 2008 and 2009 give up sunlight, and the workers took it, and we the companies out. but when profits are 365% more than the median wage, we as workers are standing up. if it is not uaw, tesla will become union. if starbucks and other places are fighting for a union so will they. i hope they win and i pray that our government stays out of it. they have their own election time. none of them are honestly thinking about the workers. we workers have to stand together and think about ourselves. we will win should be our same. host: nathan bomey? guest: it is interesting. i think the uaw is primarily focused on past products the automakers have made. automakers are focused on future profits. that is where the tension is. the uaw says you made profits. pass that on. the automakers are concerned that going forward they will not be that pr

we're waiting moments away from uaw president shawn fain to announce exactly where the uaw plans to strike starting at 12:00 a.m. friday. tomorrow. he's going to be will you have from inside this uaw headquarters. but in terms of what the offers have been, general motors came with a new economic proposal earlier this morning 20% praise across four years. matches ford's 20% offer and stellantis was at 17 and a half at the last public offer. as you mentioned that's nowhere close to the 40% the union has been looking for since day one. and what we expect to hear from shawn fain is that they are going to target select plants by activating select unions across the country. that is by design, to keep the companies guessing. so that they have to try figure out who's going on strike and who is not. that leads some workers still in the plant's working. it is very unclear. because there will be no contract. what will happen to those workers. ford ceo earlier telling me that those workers will likely not be paid. but in just moments, well hear more about the roll-out plan, as there's two hours until

in a statement last night, gm has put five offers in front of the uaw says it is now clear that the uaw leadership has always intended to cause months long disruption. uaw leadership needs to put the members ahead of the personal agendas. gm has put five offers on the table. >>> and now no deal yet with the hollywood writers after both sides were closing in on agreement. taking part in the negotiations yesterday were a group of ceos including bob iger and david zaslav and donna langley. >>> and house speaker kevin mccarthy is hitting a dead end. sending house members home after not coming to agreement yesterday. they are preparing for a shutdown, frank. >> silvana, thank you very much. we will see you later on. >>> turning back to the markets. looking at futures right now which are pointing to a mixed to higher open. surging treasury yields driving stocks to a lower level. morgan stanley says this could continue as investors are repositioning in tech and higher for longer narrative from the fed being a factor. the bank says it will scale back on outsized positions in the coming days. op

that's why we are pleading with the uaw.s could mean the plants and employees may not receive strike funds or even unemployment. it's chaos. >> joining me from michigan, peter alexander and brian chung. recap for us what the demands of the uaw are. how far apart are they from the car companies? >> reporter: the last we have officially from the uaw is that they are demanding 40% pay raise or 46% when it's compounded over four years. the latest offers we have from the big three automakers, are around half of that. there's clearly still quite a ravine between those two groupings. there are more demands from the uaw, including restoration of pensions, traditional pensions, and retiree health benefits. this is something we have been asking executives about, including the ceo of ford and gm this morning. these are obviously not the kind of thing you hear about workers getting as much right now. the uaw is sticking to demanding for those things. put this into context of the economic situation. the big three automakers, because they

luigi gjokaj is vice president at the uaw local 51 branch. just before that began. they are still quite far apart on wages and also on a number of issues such as the workers would like everyone to receive a defined benefit pension in retirement instead of a 401(k) contributions, they would like company financed health care in retirement which not all workers get at the moment, and the company has pushed back on both of those demands. unless there is some real bunching on one side of the other or something makes this untenable for one side or the other, i don't really see how it can end very soon. don't really see how it can end very soon-— very soon. ok, this as you say, len very soon. ok, this as you say, plenty more to _ very soon. ok, this as you say, plenty more to talk— plenty more to talk about, but we leave it there for the moment, jean whelan from the washington post, thank you for joining us. it has not kept up with the retirement packages, i don't have the same opportunity and the samejob don't have the same opportunity and the same

uaw is a good example. a young fellow named walter ruther decided to make the union a viable force in detroit. they were a confrontation at a river rouge plant and violence broke out. some people were seriously injured. those sacrifices were made and america changed as a result of it. now the modern struggle of the uaw is not unlike that of the 1940's. the president of the uaw came by my office to talk about his goals. he made it clear that about it came to the question of the survival of these automobile workers in 2008 when the economy plunged, it was the workers who stood up and said, we'll make sacrifices and changes so these companies can survive. some people, even those people on the floors of the senate, were arcing, let them go. that's -- were arguing, let them go. that's capitalism. but president obama and i and ears felt just the opposite. automobile manufacturing is a critical part of the american economy. president obama was determined to keep those companies alive during that period of time. ua

amy: we'll have more on the uaw strike after headlines. in libya, the death toll from catastrophic flooding in the coastal city of derna has soared to more than 11,000. more than 10,000 others remain missing. al jazeera reports the two dams that burst early monday amid unprecedented heavy rains were more than a half-century old and not undergone maintenance since 2002. on thursday, the u.n.'s world meteorological organization said most of the deaths could have been avoided if libya had had a normally-operating meteorological service able to launch evacuations. in phoenix, arizona, the maricopa county department of public health reports at least 202 people died due to this year's unprecedented summer heatwave. another 356 suspected heat-related deaths are under investigation. nearly half the confirmed deaths were among people without permanent homes. about 50 occurred indoors, usually when people lacked air conditioning. jeff johnston is maricopa county's chief medical examiner. >> it is hard to ignore 31 days of above 110 degrees in a row

>> i stand with the workers of the uaw. these are my constituents, tens of thousands of these people are people that i work for. look, they are fighting for the future. a couple of generations ago, here in my hometown of flint, the workers staged a sitdown strike, it gets poetic that this is referred to as a stand up strike. back then, the workers occupied the factories and got the first uaw contract, and as the previous guest said, that led to the creation of the middle- class in the united states of america. what's happened in the last couple of decades, much of what was gained was lost, and the workers that we're talking about, actually made concessions in order to keep the american auto industry alive when it was challenged a decade or so ago. so, this negotiation is really about getting back to that principal that says that if you work hard, if you work for one of these countries companies, a highly successful, highly profitable company, that the workers ought to share in the incredible wealth that their productive han

the wholesale push to electric vehicles is an existential threat to uaw and uaw is posturing strike and they're serious about it and what's happening is biden says that electric vehicles will make 1 million jobs and make a million jobs for electric vehicles, you're making everybody change their job and not the same people. what's going on is auto makers are putting new factories down in tennessee, which is out of reach of the unions, and they won't necessarily organize for the uaw and uaw is going to hemorrhage jobs so it takes 40% fewer workers to make electric car than a gas-powered car. that really means that 40% of workers in the uaw will be out of work if the evs shift that biden is advocating and subsidizing happens. larry: so the new president of uaw understands all this? he probably hasn't even talked to you, but he's still probably a pretty smart guy, and he understands all of this. >> he is. larry: what else is at stake here? talking about a roughly 500,000 jobs lost and you mention in your article and i picked up on this, that doesn't include the sort of spillover effects

uaw organiser _ exists in this country. uaw organiser daniel _ exists in this country.xists in this country. uaw - organiser daniel says members are ready to walk out. the organiser daniel says members are ready to walk out.— are ready to walk out. the wall street analysts _ are ready to walk out. the wall street analysts are _ are ready to walk out. the wall street analysts are looking - are ready to walk out. the wall street analysts are looking at l street analysts are looking at this on paper, as numbers. we are trying to tell you, this isn'tjust are trying to tell you, this isn't just about money. are trying to tell you, this isn'tjust about money. and so, some of america's _ isn'tjust about money. and so, some of america's biggest - some of america's biggest industrial names and its workers inched closer to a shutdown, one with big implications for the us economy. the hunting of whales has resumed in iceland after the country decided not to extend a temporary ban put in place earlier this summer. a series of new regulations and increased monitoring will be put in

guest: it's important for the uaw and for joe biden. he has campaigned on being the most pro union president. there's an election coming up next year and those union workers will be crucial for his reelection chances in a key state like michigan. the uaw has yet to endorse him so you heard the leader say the president is standing up for working people so this could be big in the relations between the president and that union before his reelection push. jon: beyond that, what can the president do? in terms of legal intervention, this is a different situation than what we saw in the rail industry. guest: not to get too wonky, but freight rails are governed by separate law been auto strike. the president does not have a lot of levers to pull. one thing he can do is use his pulpit he did today, go out to the picket line, say to the auto companies you should pay these workers what they are asking to try to bring this to conclusion. the president getting up there today getting behind the union demands, but this is not a president who wants a

uaw believer believes they have. frank, they did not hit engine and transmission plants which would have crippled the automakers. there is assembly work going on around the country. that will be the case. if they do the targeted strikes, it is death by a million cuts. at this point, we have to see if there is movement from the automakers. >> phil, thank you. great reporting. we will talk more about this. let's talk about the financial impact of the strike and the i believe pact on the u.s. automakers if it drags out nfor week. we have phillipe here with more. >> good morning. >> how are the targeted strikes going with strikes at all three of the big three? >> it is interesting. i think to be fair, we have been prepared by shawn stating the wide strike. the first thin g is they are striking widely. they are looking at final assembly. they are not trying to shutdown the value chain. they have not targeted the biggest earners. mid sized trucks at gm and ford also with the wrangler, i'm sorry. ranger and bronco. if they

that's not been the case for the uaw. is a union sector, they signed a four-year contract. they signed it way back, four years ago before we had ever heard of covid and before we ever saw the post covid inflation research. so workers throughout a lot of the rest of the economy have actually had a little bit of chance to catch up to some of the worst of the pain of inflation, that has not been true for these folks because they have been on a very long run contract. interestingly, that last contract had no cost of living clauses in it at all. they have fallen behind more than other workers have, which is why some of the numbers you just showed on your screen might strike some of your viewers as looking pretty big, but that's because those folks really have fallen behind a little more than other workers have. >> that's such an important point and i'm glad that you underscored it because, especially when you talk about the union contracts, the cycle, which you signed them, not being able to contemplate one of the biggest impa

uaw family, that deadline is nearly here. tonight for the first time in our history, we will strike all three of the big three at once. >> reporter: and we're hearing from toward that they received a counterproposal at 8:00 p.m. this evening from the uaw after waiting days for that counter.t counterproposal at 8:00 p.m. this evening from the uaw after waiting days for that counter. and the uaw only came down slightly on their wage demands. ford offered 20% over four years. we know the union from the get-go has been asking for 40% in wage increases over four years. and ford saying that the uaw made it clear that if they did not again to the union's counterproposal this evening, they would head on strike. and we are expecting shawn fain, uaw president, to be in wayne, michigan at that ford facility at midnight if this agreement does not come together in the next hour. laura. >> vanessa yurkevich, thank you so much. i want to bring in a man who those a lot about what is going on in these negotiating rooms. he is former uaw presi

are they uaw jobs, and at what pay scale do those people get representing if they are with the uaw?n there's stellantis. they put oh ut a note yesterday saying look, we are ready to negotiate and to award a large raise to the uaw but our costs have to be competitive. and stellantis says for its costs to be competitive, it has to benchmark those against foreign automakers here in the united states, and against tesla. and then there's general motors. it continues in its discussions with the uaw but we get no sense that an agreement is in the offing, whether it's with gm, stellantis, or with ford so, again, we are waiting to hear from joe biden. that should be momentarily and this is a little unusual, guys they are not doing this where he's at a big rally and there's a whole bunch of press there it's a pool reporter and a pool photographer who are with him as he meets with some of the rank and file members of the uaw. and then they will feed that out. >> there's the president we're looking for that black hat. he's making his way in a blue windbreaker. you can spear through those picket

president biden offered his first reaction to this uaw strike. he said he understands where workers are coming from and he appeared to strongly defend their demands for increased pay and better benefits. >> no one wants a strike, but i respect the workers' right to use collective bargaining. we need labor agreements for the future since we are working on an economy for the future. it is my hope the parties can return to the negotiating table and move forward to a win-win agreement. >> not every workers off the job. about 13,000 are not there right now. it's a faction of the 146,000 workers in the union. they have a bunch of different demands, among them a 36% pay increase, less reliance on temporary workers. they want more full-time workers, shorter work weeks, better retirement benefits, and stronger protections in the electrical vehicle era, which many believe tus

they don't want to cave in to the uaw.aw has been very consistent that there be major wage increases, cost-of-living increases, and also some benefiting increases. sumi: let's talk about those wage increases. general motors president mark ricin wrote an op-ed and said, the uaw demand for a 40% pay hike, that demand is "untenable." and that the automaker is countering with 20%, which would still be a record. is that a fair offer? robert: what is a fair offer? the ceos of the chief executive officers of the big three, they have seen their paygo up about 44% over the last four years. it is not just them. it is also the top executives under them. there has been, in every major auto manufacturer, a huge amount of money going to buying back stocks. shares of stock, to keep the share prices up. which is a big subsidy to major investors. if i were a worker, i would say to myself, wait a minute, what about me? my wages over the last 10 years have gone up 6%. i am the last person who has been thought about here. and i have a lot of

uaw said we're not doing that. they're not picking one company at a time to target and to negotiate contracts with and trying to replicate that contract with the other two. they are negotiating with all three and threatening to strike all three and be strategic about which plants they strike at two put the management on the divisive and not know what is going to happen. i think the short answer is they do not -- they cannot plan for this and it complicates things and makes it messier than what we are used to. lisa: when this uaw kill the goat includes? have people put a number on what levels break the backs in the companies of profitability and competitiveness? craig: whether we get to a point where uaw is able to negotiate contracts that are attractive enough to interest these next-generation battery workers that are going to make the workers used to make tensions and commissions -- transmissions , can't uaw get enough from these companies to leverage into organizing? in the palace, because of the position the uni

we are on top of that and the strike going on, the uaw. the uaw has targeted two of the automakers for extended strikes. not one, two of them. we will tell you who is who after this. ♪ nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. adam: we are near the government shutting down but nowhere near the uaw strike ending. it just expanded by a little bit targeting two of the automakers. jeff flock has more on that. >> reporter: looking at a convoy, gives you a picture of jeeps and ford broncos making their way from toledo, ohio, uaw headquarters, today's headline just gets bigger. the president of the uaw, and 7000 workers. >> displayed a willingness to bargain. and that's why at noon eastern time, we expanded strike to these companies. >> gm and ford, the for assembly plant, the police intercep

we see it and big unions like the uaw. they make it extremely hard to work alongside coworkers that have a decent retirement. have a decent health plan. that is one of the biggest things they are fighting for. when the unit in 2008 and nine gave up so much. the workers took it. they save their jobs. we as americans build the companies out. but when profits come 3065 more than the median wage. we as workers in the united states of america are standing up. and believe me if it's not uaw tesla will be. if starbucks at other places are fighting for union so will they. and i hope they win. i hope and pray that our government stays out of it. they each have their own. it is an election time and none of them are honestly thinking about the workers appeared wheat workers have to stand together and think about ourselves. we will win it should be our saying. good luck. stu and arik kim will give you a moment. >> it's interesting the automakers i think the uaw is primarily focused right now on the past process the automakers had made

maria: that is right you are right we still have not seen uaw get behind biden.ump is far and away leading candidate in the republican party, and these new polls that we're looking at have trump beating biden, the uaw would be critical. >> he needs michigan and pennsylvania two crucial states in this story as it plays out with ought makers what is going to be interesting how does president he handle this coming up we still don't have a time when going to address this nation we do know that he is going to speak about this, there are reports, out a there that he is the administration trying to put together potentially some financial aid package to offer to smaller firms that are going to be affected within the supply chain of the big three, to your point about president trump the electric vehicle mandates in california charles payne brought up earlier dan ives said there is a bodily of champagne on ice at tesla this method of plans for gm, ford if it goes on three to four weeks. >> market has turned negative, stay with us. . ♪ when better money habits® content firs

that's not the concern of the uaw.he concern of the uaw is what are you doing here in the country where we are building vehicles? and profitability has never been stronger in north america. record profits in north america. that's why the uaw feels that it has leverage right now. >> all right, phil, tim, want to thank you both. i get the feeling we'll be talking to you a lot in the days and weeks to come. >>> another strike. keep talking about strikes. talks between the writers guild and hollywood studios are set to resume this week. the two sides haven't even been at the negotiating table since august 18th. what's today? september 18th. >> yep. a whole month. >>> drew berry more is backtracking. he announced yesterday that her talk show would not return following blow back from her decision to resume production without writers. and she said she's pausing the show's premiere until the strike is over. and after berrymore's announce, including "the talk" and the jennifer hudson show. wow. jennifer hudson show. said they w

way, the actually there's a settlement uh with the canadian uh auto workers who are also part of the uaw, so the management it is, as you can see quite different in canada. what type of settlement did they reach with canada? so they reached a settlement more in the lines of 25 is percent to 30% increase, 25 to 30%. increase okay uh that's over the period of several years right right um let's look at um one thing here daniel shot that perhaps many don't realize and this uh pretty much a flashback and that's going back to the year 2009 um i don't know if you recall but gm was on the brink of collapse the ua the uaw agreed to let the company hire new workers at that time but at about half the hourly wage that that prevailed and with um skimpier retirement benefits. uh and higher temp workers at even lower rates from what we understand and outsource more jobs abroad uh this is while the american tax players forked over $10 billion dollars to save the company uh so in a way they sacrifice themselves in order to get the company up and running um coming out of the uh the sorry state that it was

i think the uaw has done an amazing job.e never seen uaw members this engaged and this involved in a contract fight. it's great to see. >> and, doug, we heard shawn fain sort of talking about this, that this isn't about autoworkers, historically, middle class looks to autoworkers he was sending messages out to nurses and others in his comments. how worried should biden be about the middle class when he's having a difficult time selling the economic message and you're seeing 4 in 10 americans saying they're worse off financially since he took office? >> well, biden should be paying attention to that. i mean, he has to sell the green economy also, joe biden. i mean, he is -- with his biggest accomplishment, his infrastructure package, so much for climate. and companies like ford are really starting to build the evs to meet the green revolution, but the workers have to get paid a fair wage. biden has a lot of try try angular work. while i mentioned the name walter ginsburger, he created a environmental lift alliance. it's walte

that�*s a core issue to the uaw. there are plenty of jobs that will issue to the uaw.e in electric vehicles. how many of them are under the master agreement has a huge impact on how fair the transition is. i want to ask you about the timing of the strike. ahead of the the ford ceo said: what do you think led to a strike now at this point? i think it was the three companies losing sight of how much workers sacrificed, making sure notjust dramatically increasing ceo pay, giving bonuses, 25 million, you know... ridiculous figures to me. and expecting workers... i have spoken to hundreds of workers on the picket line, the amount of injustices, how long workers were kept on temporary, some four years, some six years, i spoke to one member, ten years temporarily, and then eight years full—time to get to the top pay... that morally wrong when these companies are so profitable. i wrong when these companies are so profitable-— so profitable. i also want to ask ou so profitable. i also want to ask you about _ so profitable. i also want to ask you about the _ so profitable. i als

bob king served as president of the uaw from 2010 to 2014.me earlier to discuss the president's visit and the ongoing strike. bob, thank you so much forjoining us on bbc news. do you think the president's visit is important for uaw workers, or with the former president also announcing he is heading to detroit and the picket—lines on wednesday, are you worried that this strike and the concerns might be politicised? no, i think president biden�*s visit today was extremely important, it was very meaningful to the workers. it's a demonstration of how strong public support is in favour of uaw members getting a really good contract. i really appreciate that the president and the public understand how much workers gave up to make these companies profitable, and now these companies have been extremely profitable and have not been fairly sharing that profitability and success with the workers. i think his statement today was great, it's really appreciated, and i think the whole labour movement was excited that we had a sitting president, first time in

we're also here from one of the presidents of a uaw local.ll present his side next. ♪ (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. eat pretzels. eat more pretzels. watch movies. watch more movies. get airline miles. get onekeycash. book in-app to earn onekeycash on top of your airline miles. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ah, these bills

we can worry about who the uaw endorses down the line. what's key is that the workers get the benefits that they deserve. >> i want to expand on what you just said. you wrote in an op-ed that shawn fain -- you write the electric vehicle transition must be as much about workers' rights as it is about fighting climate change. we won't let the ev industry be built on the backs of workers making poverty wages while ceos line their pockets with government subsidies. so how much is innovation complicating an agreement with the workers and the companies? >> well, laura, people know i'm one of the biggest climate advocates in the united states congress. i am a champion for electric vehicles. i'm a champion for renewable energy. i believe they're going to bring new jobs. but these new jobs have to be as good as the traditional jobs. what you have right now in certain cases, if you don't get a good union contract, is these new jobs not paying as much as the traditional auto jobs. and if that happens, laura, you're going to lose support in this coun

does any of this save the uaw? well, i don't know.ut i don't think they bargained on biden's price hikes and evs and chinese batteries. and so maybe folks should think twice before they bash the uaw's positions. now, here's a final thought on all this. if you have a chance, take a read of donald trump's agenda 47 white paper. it's called rescuing america's auto industry from joe biden's disastrous job-killing policies. all right. the former president pledges to end the assault on the internal combustion engine and to cancel harmful emissions regulations for trucks ask cars. and cars. moreover, the president would also end biden's insane cafÉ if fuel economy standards, and mr. trump would end or revisit at least some of the usmca cheating on regional auto parts content. of course, the former president would reopen the spigots for liquid gold and drill, baby, drill, and he intends to seek new reciprocal fair trade legislation. now, as far as i know, no other candidate in either party has a policy prescription to deal with any of these a

we reached out to the uaw repeatedly throughout the day.this point the union said it declines to comment on the bloomberg story. meanwhile, a lot of people will be focused on what happens tomorrow morning. that's the next time we will hear publicly from shawn fain, president of the uaw. he will give us an update on negotiations at 10:00 a.m. eastern time. he says if there's no progress we could see more strikes. could see more strikes. the walk-outs, if they're at one automakers, two automakers, three automakers, if there are new ones those new strikes would start at 12:00 p.m. eastern time. i want to clarify something for a lot of people. yes, it is a nationwide strike that is impacting all three of the automakers, but it is limited to a certain extent here. we are talking about just 12% of the big three uaw members who are on strike. as you take a look at shares of gm, ford and stellantis, one reason the stocks haven't moved a lot since the stocks began is three of the 26 final assembly plants in the country have workers who have gone on

president biden traveling to michigan to join the uaw picket line the uaw president is expected to joinking about, there could be another strike hospitaling in hollywood. video game voice actors and motion capture performers authorized a strike if negotiations on a new labor contract fail, and the sag-aftra union voted in favor of authorizing a strike, and it might not affect my life -- >> i would like to know how many voted in that, 98% voted -- they have emailed me because i am a member of sag. i would like to see how many people voted for that. > >>> kashkari said rates probably have to be go higher and then be held for higher, and we will ask him about that -- oh, it's tomorrow when he will join us live in the 8:00 hour. in the meantime -- i'm looking at you because he stayed pessimistic, and it was hard for you. let becky introduce you. >> a long-time friend of the show, chairman and ceo of a beared company it's higher interest rates putting pressure on the market >> yeah, we got bearish last march of 2022, and we stayed bearish this year, and largely because of the wrong reason be

the ceo of ford said the demands from the uaw would bankrupt the company. the ceo of gm tempered her comments a little more. here's what she said earlier, mary barra, about what gm is currently offering to the uaw. >> i think we have a very generous offer on the table right now. it's historic from a wage increase perspective, it's the most significant offer we've had on the table in our 115-year history. so i'm not going to bargain in the press, but we need to get there fast because this is not good for our employees. it's not good for the communities, their families, and for every gm job, there's six other jobs in the economy that depend on us running. so we got to get back to work. >> reporter: and while we're hearing that from a ceo, both gm and ford say that they did not receive their first substantive counteroffer from the uaw until late yesterday in the evening with just hours before the strike deadline. at the same time, the uaw has accused the automakers of dragging their feet on negotiations. so again, all of this continuing to be an impasse, and i

they got the invite from the uaw president, he accepted. and he's going to do what he has said he does all the time. he will stand with workers and standing with men and women of the with w. that is important to the president. i have to call on people i haven't called on. >> when you are working with automakers, the trip to india earlier this month, what work i don't have any calls to read out. >> when you consider that in wishing -- in michigan tomorrow? >> i don't have any details with the triple look like tomorrow. >> with the thousands of refugees within the country at the moment, how concerned is the president about this? mess amounts to ethnic cleansing. >> we certainly are watching closely the reports. this is something i would have to refer you to my colleagues to give you any update on. certainly it is concerning that this is something there keeping an eye on closer than we are here. they will give you an update specifically. >> i wanted to ask about the situation on the southwest border. i know there was an agreement over the week

but it's noteworthy that the uaw has yet to endorse in the 2024 election. president was asked earlier what had would take to win that endorsement, he said it's not something he's worried about. the white house has stressed this trim about showing solidarity with the workers as the negotiations are ongoing with the three big automakers. the white house has walked a very careful line with the negotiations. they don't have a direct legal authority with the negotiations but tried to lend support. the president has come out in vocal support for the uaw since the strike has started. one thing that the white house has refrained from doing is weighing in specifically on how the white house used the demands of the uaw as these negotiations are under way. now, what's also playing out over the course of the next few days, the remarkable political split screen, when you think about the fact that biden is here today. and former president donald trump is also expected in the detroit area where they're gathering a group of union workers to address. now, it comes as both o

the uaw wants final assembly put back in that plant.rested in saying we'll reopen that plante, maybe not for final assembly. that's a huge sticking point between the two. to answer your question, usually you see it come relatively quickly, not within days, but relatively quickly. in this case it may take longer. >> phil, in terms of, i guess, a lot of below the line details to what degree do we expect any of these agreements to include things like specific production targets of different types of vehicles, anything about the company's planned transition to evs or mostly just more about the financial terms? >> great point. that is a big part of this, mike. one of the things that the uaw wants are guarantees in terms of jobs. we know it takes fewer people to build an electric vehicle than an internal combustion engine vehicle. how much of that transition happens between now and may of 2028? which is when the contract would expire. my guess is, some of that will happen, but how much then brings up the question, how do you transition the wo

auto workers, the uaw. union is is asking, well where is the money, why are you so stingy with us? we've seen that this has turned into um one of the biggest stories in the country with biden and and trump uh visiting the workers uh this week, as we know we're gearing up for an election year uh next year, so it'll be interesting to see what happens. william black - guess talked about the cp, looking at uh what? promoters ceo is making its 29 million, ford ceo 21 million and slanta ceo 25 million, so these are uh these are, i mean pretty high salaries, i'm guessing, especially when you take a look at the profits overall of the uh manufactures themselves, where we're looking at $250 million dollars, one particular that $1.7 million dollars were made off of each and every one of the workers, why are they holding out so uh much then when it comes to the workers? oh, because they get their bonus in part by precisely those things that you've just explained, so uh, it is really important, and very few americans understand that there is this uh two tier system that the companies insisted o

good afternoon, uaw! >> thank you! >> i want to thank local 174. [ applause ] thank you to the leadership and director lloyd dickerson. [ applause ] you're all the reason we're here. this is all about the membership. this site, it holds a historic place in the history of our union and our country. this was part of the arsenal of democracy during world war ii. it is where they built the b-24 liberator bomber. that bomber, they built one of those per hour when they were at their peak. it is what helped us win the war. so, today, 80 years later, we find ourselves here again, with the democracy. it is a different kind of democracy and different kind of war we're fighting. today, the enemy isn't some foreign country miles away, it is right here in our own area. it is corporate greed. and the weapon we produce to fight that enemy is the liberators, the true liberators, and so working class people, all of you working your butts off, on those lines, that deliver great product for our companies. >> that's right. >> that's how w

sources are telling nbc news uaw president shawn fain is expected to be there. tens of thousands of auto workers walked off their jobs nearly two weeks ago after their contract with general motors, stellantis and ford expired. they're demanding better wages which the president supports. >> i think the uaw gave up an incredible amount with what the industry was going over and they saved the automobile industry. and i think that now the industry is roaring back, that they should participate in the benefit of that. and taking a look at significant increase for salary increase for executives and growth in the industry, they should benefit from that. >> according to the white house this is the first time a sitting president has visited a picket line in modern times, but it's not the first time for biden. back in 2019 when he was running for president, biden joined several strikers including a uaw picket line in kansas city. joining us now white house reporter for the associated press. darlene, great to see as always. let's start with that brand new nbc news poll. som

basically, it comes down to the uaw, once those jobs, about 2500 when it opens up, to be uaw memberser the same contract. with everybody else at ford, because sit a subsidiary. if it was a joint venture, the uaw would have to negotiate with the joint venturer in terms of getting those workers organized. so that's the issue there, with regard to this battery plant. bottom line is this, kelly. all of the automakers are in the same spot. there is no indication that the uaw is close to wrapping this up with any of them. what have i said for some time? the uaw believes it has leverage and momentum. and as long as it believes that, it can push these strikes to go on longer and likely add more locations. and because it's an effective way for them to put pressure, they believe, an effective way for them to put pressure on all of the automakers. >> phil, thank you very much. >>> and my next guest says this negotiation is ultimately a fight about the big three's transition to evs. they have a lower labor foot print than traditional combustion engine cars, could result in job cuts and workers a

they are not expanding the strike according to the uaw president. he spoke earlier about the expansion at the other plants. guest: we can and will go all out if our national leadership decides companies are not willing to move. stellantis and gm will need serious pushing. all the parts distribution facilities at gm and stellantis are being called to stand up and strike. we will be striking 38 locations across 20 states across all nine regions of the uaw. jon: let's bring in detroit's bureau chief for more perspective on how things been playing out. what has been a reaction to the fact that you have or strategy from the head of uaw here when it comes to this additional strike action and as we were just talking about, the fact that work for now spared at least in terms of more lockouts? guest: ford gave in on cost-of-living allowances. they didn't give us the exact number, but it sounds like they reinstated what was taken away in 2009. in addition to the raise date agreed to, also get whatever inflation is negative built and. what gm has wanted to do

and ford in terms of will these workers be represented by the uaw?here is the plant here? a number of these ev battery plants are joint ventures between a big three automaker and a korean of japanese battery firm they're not under the master agreement of that particular auto automaker. that statement from the uaw minutes afford's, clearly this is one of the issues in focus today. one last thing as you take a look at what we might be seeing today, keep in mind as you look at gm and stellantis, you're looking at just 12% of the uaw members here in the u.s. who are on strike right now. certainly a big deal we're not trying to downplay that keep in mind it's just 12% of the membership on strike right now. the uaw could make this a much bigger strike in the days to come, weeks to come. they could say we want to strike this particular plant or take down a couple plants that remains to be seen. we're waiting for the president to come to the detroit area. there's a pool camera with him you know there will be pictures of him shaking hands with uaw members, gi

number 2, uaw is waiting in line. look, i'm all for a family being able to keep with inflation that has been created by this administration. so you know, they're standing in line. they saw ups get 40%, saw american airlines get 9.2 billion, the dock workers on the west coast get an increase. hey, it's my turn. i'm in line. you can't argue with a family wanting to keep up with inflation. $500 a week, the union -- the strike fund, that won't go very far. you'll spent $80 to full your tank to go to the picket line. this is a problem. the longest it goes, the more polarized that they'll get between the union and the big three. then it's a matter of who will blink first. it's unfortunate. this didn't have to happen. >> charles: i'm glad you mention inflation. inflation drives work stoppages. we understand what is happening. appreciate your expertise and wisdom. thank you, bob. >> thank you, charles. thanks very much. >> charles: the question is how is all of this going to play out in this 2024 race as that starts to head i

we don't have many uaw workers in china, do we? the point is every issue that this president has been touting seems to go against the interests of the uaw. >> harris: i chose venezuela for a reason. one of the representatives had pointed it out. we are doing some of the same things i'm reading that that country did before its insolvency. now you have more than half the migrants, some of them illegally, however they are getting here, they are on our streets and we can't handle it. it came from one of the democrats here today, jerry nadler. why is it that there is irony. they are coming from a place that had solvency and look at them now. where do they come? we are making some of the same mistakes they are. can you speak to what they are doing and what we're doing? >> with venezuela, while we cut back on fossil fuel production. getting them out of our resource evers in alaska, we are buying oil from the dictator in venezuela and it is dirty oil. we produce much cleaner oil in the united states whether it's in alaska or whether it's i