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TRADE DEAL: It is in the details!

Image result for Mexico US tradeThe details of the Mexico:US Trade agreement: 

It looks to me as if  some  good could come out of the Trump admin.  Reuters, reports that the agreement with Mexico requires 75% of an automobile’s value to be manufactured in North America, up from NAFTA’s current level of 62.5%. It would also require 40% to 45% of the car to be made by workers earning at least $16 an hour.  If true this makes sense BUT .. I wonder if Trump’s crew realizes that this would still give Mexico a huge advantage since healthcare and education are free (state subsidized in Mexico?

Oh, and no mention of Mexico paying for a wall!


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