Well, howdy there internet people? Let's bow again. So today we're going to talk about

Trump's signature trade deal, the one he's been touting and talking about what a

success it is going to be, how it helped autoworkers.

Okay, the name of the deal is the US MCA.

That's the United States, Mexico, Canada agreement.

It's NAFTA 2. Trump's goal for this was to bring back

auto manufacturing jobs to the United States. That's what he wanted to do to

accomplish with it.

He set out to do this with two components in the agreement.

The first was that 75% of parts in cars had to be manufactured in either the United States, Canada, or Mexico.

The second was a labor component, and it required that 40 to 45 percent of parts had to be manufactured by employees who were making

at least $16 an hour. Now in Trump's mind, this was going to encourage Japanese auto manufacturers to move their facilities from Mexico to the U.S.

where 16 bucks an hour is kind of a normal wage.

And that makes sense in Trumpland.

However, if you're the CEO of a successful business

it wouldn't take you long to realize that it is cheaper just to pay your

employees in Mexico $16 an hour than it is to pay to move your

factory and then pay $16 an hour.

Sixteen bucks an hour in Mexico gets a really happy employee. The trade deal went into effect July 1st. That's

exactly what's happening. The Honda Affiliated Company down there, they're just raising wages. Most of the

component manufacturers down there are just raising wages. Toyota back in February actually shifted production of one line of vehicles

from Texas to Mexico. Now they are investing in some infrastructure in the US as well.

...