The kicker is, thanks to CPTPP (both Canada & Mexico are members), neither Canada nor Mexico will actually suffer all that much because it'll reduce prices on Japanese cars, and with CETA in play, Canada will also see lower prices on European cars. That'll have a knock-on effect on US automakers and the US economy. Killing NAFTA is a very bad idea.

1:53 is that a typo? $1200 less?

@Vineet0k It's a dash, designating a range of values.

Cars costing more would be a good thing. We need less cars on the road to combat global warming and rally support for public transportation. I hope it hits the high end of price increase

Cars should be made with less amenities and features so consumers can repair them easier and last longer. That would reduce prices if thats what you want. But we really dont want more cars on the road

It's funny because once Obama was elected he changed his position

@Luís Filipe Andrade because it required any parts being made in the us so now the new deal is worst

@Luís Filipe Andrade it's not better will just have to pay more for more this benefit their labor standards would just be higher

@Luís Filipe Andrade US Labor standard aren't that much different from Mexico and Canada. We are in dealing with China or Taiwan here. We just have to pay more for goods

Your bubble has popped that Trump actually makes sense?

Ya. I hear ya. Automation has been and will continue to push people out. Retraining people would be a better option in the long run

@@St3v3NWL only if you aren't prepared for the changes

@@St3v3NWL it is already happening. And it has happened many times in the history of humanity. Economies change and put people who were unwilling to change with it out of work. The answer isn't holding onto a changing economy, it is preparing people for the new one

We all aren't like that. Some of us know how much automation and robotics are already changing the world everyday

Because some Americans have problems accepting change whether it be in the economy, demographics, values, etc... Those are the people pushing back against what they view as the correct way for things to be and that's how we end up with people like Trump in office.

Lol ya its bizzare

Yeah right i would rather have expensive cats and cheap food and energy.

Doubtz -Industrial and intellectual properties -International Controversies -Regulations -Compensatory fees

Doubtz or even if people are better off due to NAFTA. GDP may have grown and prices may have decreased but is this a good indicator of the financial well-being the citizens involved? This neoliberal idea of increases in GDP and the stock market mean people are better off is showing to not be true.

Environmental standards has nothing to do with car

Exactly! Empire of the United States.

@@eavyeavy2864 are you the not smart?

automobiles were the example but it explained the deal before using the Ford Mustang as an example

Soul Glow NAFTA is a lot bigger then just cars, this video only took a small dap at NAFTA.

@@xrellikgr did you read my comment? did you miss the word EXAMPLE?

Well said.

@@jusletursoulglobaby the deal that still misled the viewers by that example.. Like the gentleman says, it's bigger than auto business... Why cherry picked?

To be fair, the video title is put as "explained with a toy car".

I think the video did say that the cost of other goods went up around 86% since NAFTA signing

NAFTA means diesel in my language lol

@Michael Jordan The video didn't say that there was any relation between the two, as you are implying.

Not a single mention of the corn industry, maquilladoras, and the immigration and economic crisis NAFTA created in Mexico when we supported the exploration of labor and changed all of their markets that help them self-sustain to meet the demands of the US consumer, leaving Mexico on the back-burner, and forcing them to become reliant on us after their natural industries died off. Nice to see Vox is still the neo-cons they always have been

Makes no sense

@@Dwarfplayer ah yes, neoliberalism is when tariffs increase

@@Dwarfplayer neoliberalism would mean less tariffs

Cars are neither luxury nor necessity in most cases yes if bmw or labos are taken into consideration then it's. A different story

Lol

Increase is a increase whether small or large.

EXACTLY

Canada's actually went down

@@KodeKween Yes, but you got to wonder if the increase is based on a trade deal, or the natural increase of demand based on a growing population.

What can Mexico farm? Their land is either hot dry desert or dense rainforest

@@AdamSmith-gs2dv Wrong!

@@AdamSmith-gs2dv what?

Are you serious? That's the most hilariously uninformed comment I've seen in a while.

@@arturogonzalez-barrios8206 It's on up there for sure but claiming South American immigrants are bringing an officially eradicated disease with them (smallpox) beats the hell out of it for "uninformed" LOL

EXACTLY!!!!!!! Everything has gone up but our wages!!!!!

thats a really good rate of inflation, in economics you aim at having 3-4% of inflation at all times. 25x3.8 should make sense. The reason why you want inflation is to increase output of the economy, to try and break down my whole semester of macro economy of why inflation is good let me explain. Inflation essentially means that workers are producing more and more each year, if 1 worker produces more than 1 unit the difference is inflation. Your employer will probably give you raises as productive you are so 2-4% increase should be guaranteed. if the inflation were to be kept at 0% you employer would have to cut your pay by 2% to maintain their margin and cutting wages has more of a psychological toll on workers than raises so they might become less productive or be afraid of the future of the economy. On the consumer side lower inflation is great but on the producer side it isnt and since the producing side determines wages and outflows it would essentially be detrimental. Technically in a perfect system there still can be growth at 0 inflation but society is not remotely perfect so inflation is the phenomenon we have to deal with. Deflation is just as bad as Stagflation

@@cdr861532 Wages are relative to the market you work in. If you ask any engineer working in tech or Finance major working in banking or a Doctor they would completely disagree with you! The market allocates money to where it deems it the worthiest.

@@moderndilettante6896 markets general dictate wages, but that's true only without outside control. What we're seeing frequently is business sticking together to set wages low. It's the same idea as markets dictating rent prices, that's true, except for the landlords sticking together to set prices high. When businesses don't compete, the markets are no longer dictating the price... that's why rent in NYC and LA are so high. Instead of competing, they've banded together. Greed is prevalent now more than ever. The rich are paying to set laws that benefit the rich. Of course doctors and engineers aren't hurting, but those are specialized jobs, we are talking about everyone else. That's kind of like a surgeon who has killed many patients saying "but look at all these other incredibly healthy patients".

*_Inflation is a choice_*

Vox loves slaves.

And your defending rich businessmen

@@waflletoast11 The minimum wage in Mexico is 8.50 a day. Of course, those wages are paid by rich Mexican businessmen, so you aren't only supporting low wages, you are supporting rich businessmen as well without even knowing it.

Vox Is defending big profits of greedy and lazy managers of Auto industry who pretend not to invest to rise efficiency in american motor plants. Those MBA Ivy league CEOs aren't skilled to improve american industry

MrSpiritchild he never replied 😂

Even if NAFTA or USMCA was removed, I'm sorry but I doubt those manufacturers would come back. They'd most likely go to countries with cheap labour like Thailand, Vietnam, or India since even though there're tariffs the cheap labour would just cancel it out

Everything you mentioned gave people cancer and destroyed families!

What Americans don't realize is that alot of Canadian jobs drifted down to the U.S. because it's cheaper to make things in the U.S. than Canada

Vox is always doing hit jobs for democrats, If Trump does anything ,they search for anything bad even in small portion they highlight it

Did you even watch it, only 5% of workers lost their jobs to mexico therefore 95% lost it due to automation

They'd just get them from somewhere else, unfortunately. :(

WRONG what about the car community theres an entire community that obbseses about cars also about the environment alll transportation including boats and planes make up only 13 percent of the worlds pollution also another 13 percent of the worlds pollution is from meat somore like less meat-better enviroment

It's not about less cars, it's about potential job losses.

The car are just being used as an example. Laptop, washing machine & other industries are being threatened by the new tariffs.

@@richardtheedition1003 , 13%? I don't know if that's correct... Can you show me your reference? I believe road transport alone is 16% of total emissions with global transport at 23% of total emissions (IEA, WHO). Even if your claim that 13% is true, I think cutting into anything that'll keep us within the 2 degrees C limit the IPCC recommends is worth it.

It's not one product, it's an entire sector and, on top of that, they just explain the situation with the help of one product. But I do agree that they could've given us more insight into labor unions, job satisfaction, job demographics etc.

That’s why the title is “NAFTA, explained with a toy car” and not “NAFTA explained deeply”.

There are more people buying the product than people making the product. Sorry but it makes sense.

US has Jobs thanks to Mexico, if not Cars would come from china

Tbh, the system being set in place world wide is to break small farmerd and keep only those that produce huge amount. World wide a small farm is not a good investment because of labor intensity and cost of products you put into keeping your farm producing. The system has made it difficult and expensive for small producers.

@@reishlion4394 Govt farms to control the population.

saintsfearful unions are bad used to be in one

Nerd.

I really want to take you on a ride in one of those

I have a few they're Maisto diecast 1:24 scale models. You can find them at hobby shops, crafts stores maybe toy stores.

Lol I thought the same thing. But I wanted a more complicated version. I want the 1000 piece types so I can build half and never finish it

nope

Hahahahah Agreed friend! Orange man bad!

You overwatch prodigy

Orange man bad

😂👌

Orange is the New Black , i thought liberals don't go by color but it turned out to be lies you hypocrites airheads .

Because cars would be more expensive. They said it in the video.

Laziness

Cars would cost much more. We have strict epa rules on manufacturing which pushes companies to manufacture in other countries to save on labor and EPA regulations

The cost of the salararies 🤑

Because there aren't many moving parts in Tesla vehicles compared to other ones, and considering the price of the tesla battery it's actually cheaper to produce Tesla vehicles domestically than abroad. But tesla is litteraly the only exception.

No

You get a feeling there's an agenda in your reply....

it was explained with cars. ok?

Car's are the only industry affected significantly by the new USMCA deal.

Cars are and dairy products are the only major industries impacted by Trump's 'renegotiation'

Who said it's only 'bout cars, ranger?

some body and Who wants to explain NAFTA using milk

Jeff High As do most people.

Yea but itll take a ling time for people to fet used to it

The used market still exists - which is still better than making new cars.

So you'd prefer to basically have people driving cars that are too old. Yeah, it's gonna be bad.

Ó Cúin 45% of Americans don't have access to public transit, and only about 5% use it daily.

5,000 is a 11% increase, which could be a lot or not depending on how much value the car brings to the buyer. At 40K+ levels it is likely most consumers are not price-shopping.

It would've helped you escape Waterloo. What a shame.

🎼🎤 "Waterloo , Couldn't escape if I wanted to "🎵. ~Abba

Lol I know somone with a 2002 Toyota Corolla

AE86 AMIRITE

Toyota 4runner, just like the old Japanese cars it's still made in Japan and imported. It's not uncommon to see then with 300k miles

James Royce-Dawson A

Modern shipping has made it that so many parts get shipped at once that the cost and impact of shipping has gone down considerably. Especially compared to just shipping around the final products all over the world. Plus, ships move so slow that they consume so little energy in doing so, that it's actually better to ship things around the world than shipping parts all over any given country by land.

@@moriallen643 not doubting that, but it is still using energy and moving stuff around when it could be done in a smaller area. They're only moving it because the labour or materials are cheaper somewhere else, even though it's available closeby. Even if it's not a dramatic amount, it's still energy that's wasted to save a few buck.

@@JamesRoyceDawson this is the time when the price doesn't capture the value Bulk shipping costs next to nth these days but human costs can be minimised Then it's a simple accounting to realise how much price than u can squeeze out of the cost

I think this video has a pretty dated mindset that global trade is always good with everything sourcing half the world away transport it back amd forth. The newest trend lead by tesla is increasingly is produce locally made inhouse as much possible. Automation has allow major advantage in flexiblity speed of production from blueprint and reduced transport cost and time. Its a better way to go and we want more diversity and uniquess of region not homogenious products worldwide. This trend is massive many people over looked it. Preservation of local culture vs globalized world.

not only that we are most of your population

Tomatoes chillies nopales jalapeno too

You're welcome 🥑

Rigging Doctor and chocolate lol

How about transmissions built like avocados from mexico?

in an effort to keep manufacturing jobs afloat so cities like detroit don't end up in ruin... If you have to pay an extra $1000, for a car that will last you 10 years, to keep workers and businesses surviving in this country its worth it.

@@Opticillusion160 But, Detroit did end up in ruins a long time ago...

Yeah, withdrawal from American exceptionalism is a few steps further, even for Vox.

German here. They're actually kinda right - the EEC (or EC, as it was later called) was basically what the EU is today. The closest thing we in Europe have to NAFTA is EFTA (between Norway, Iceland, Liechtenstein and Switzerland, founded in 1960).

Me who's going to buy their products

@@michaelgray1803 The same folks that already buy products.

2023 here; you bought the tripe! Now you see it as it is; I hope!

Good luck seeing as they can’t and there’s no advanced technology on the planet capable of fully replacing a human in a factory and until we make androids it won’t ever exist.

Jesus Christ damn you were deep in the comments I think I’m the only one that found you

Hi Jesus

huh its jesus christ

With or without NAFTA, these are universal issues. They exist because of people's mentality and thirst for wealth. EDIT: and ignorance, above all!

@joseaca are there no poor houses? scrooge.. dude literally scrooge.

To be fair, the automobile industry is one of the best paying here in Mexico, even if wages are waaaay lower than US ones.

Well, the EU is more of a supranational political union and less of a trade deal. Greetings from Germany.

employees*. but yeah, you're asking the right questions there. basically all of us, the whole 7.5 billion, slave every day for most of our lives just to make a handful of greedy cocksuckers more money than they could ever spend. i say we all team up already and eat them alive. literally.

The thing is though that the middle class is easy to tax and is the easiest to keep under control. You say this but i bet you rarely do something that really improve other than your own conditions. The truth is that we are selfish creatures and rarely do something good for others even if it means it might long term benefit ourselves. Dont see it as a personal attack. This is just how we all are as humans.

Great question.

It just bothers me ...we had a hike in basic pay....but when adjusted for inflation in makes no dents! We wanted insurance and got unaffordable insurance that takes chunks out of check! People wanted protection but the unions abused their authority and got plagued with nepotism! Its like even if you protest some how the initial effort to gain dignity for all is wasted ! especially when parasites abuse the whole system! It scary they want a two tiered society and they literally gaslighted us when we had occupy wallstreet then bailed themselves out! Occupy wall street which was infiltrated by crisis actors and dregs of society vs the actual victims middle class working two jobs for a mortgage individuals! Its always problem , reaction and solution! Its distrubing times we live in next they will pay us in points.... Your sweat and hours will be reimbursed in points And you will have to compete with a robot 🤖 for a menial job!

@@Shineynsparkles Says the person who watches mantra videos to remove black magic.

Your comment is so underated; more ppl should point out these tricky word games

Cooperation is great. Until you’re the biggest loser.

Professor Plumm: How do you become the biggest loser?

If I remember correctly, they said that overall, robots don't take jobs from people, but rather transfer them from an area to another. They take jobs from one place but create jobs in another.

Esteban Fortu In general technology does often create more jobs overall in new fields, however it does sometimes take away jobs in a certain field. I.E. automation might take away jobs in car manufacturering, but increase the amount of IT positions available

Bradford Woodger thing is, these new IT fields require much higher levels of qualification than jobs that were taken by robots.

What the other guys said. It's really easy to make general statements but you should probably pay attention to the underlying point Esteban. Automation like electric streetlights might take jobs away from gas lighters but it gives jobs to electricians. What would you rather have, a low paying unskilled gas light job or a high paying skill trade like electricians? Of course "robots" take jobs. But not as much as people will have you believe and it's not all bad because it opens up new fields

Vox are libtards. What do you expect?

Thanks! Edit: although it's night now

Yeah. Its my birthday

@@aratht7010 happy birthday. Enjoy your special day

SOMETHING STRANGE TV it’s rare to see a happy person online these days. Thanks. You made my day 🙂

ohh, think I'm late... may I have a beautiful Wensday instead ??? (wednesday)

👏👏👏👏👏👏👏👏👏 a comment i can get behind

Seriously! Thank you! Exactly

Yes you're from mars

Lucky you...

Same

jmantime did you even watch the video?

And what about the gained jobs in Mexico? Do you not care about them?

@Baron TV the wages in those factories are so low that they are leaving Mexico because basic manual labor jobs pay more in America. Seriously. And they skimp on safety in those Mexican factories. I can only imagine what is happening to the workers in other countries around the world. Corporations are greedy.

@joseaca where is this world with free trade you speak of? a market can only self regulate if its truly free. i dont see free markets anywhere on earth. do you?

@joseaca good you made that edit. im getting tired of people constantly shouting misapplied vocabulary from high school debate club. I never said anything about what you are talking about. I said in OUR economy, self regulation does not occur as it should. it cant because the market is not free. its just basic theory 101 stuff. Im not advocating personally for any style of market.

And to complicate it, they mentioned the back up cameras, air curtains, etc. so you're comparing two different levels of vehicles that happen to have the same name. And the market is different, how many car companies are there today selling cars? Gasoline, hybrid, electric? If consumers did the math, electric cars aren't worth the money, hybrids are better, etc. Then again in California, with gas about twice as high as anywhere else, it's different math; buy nobody asks why it's so high...

USMEXICAN

yes this is why we should remove tax loophole and increase the minimum wage like other nations did

@@Twister-V1 yes lets boost automation

Nobody liked nafta, even clinton wanted to remove nafta, well i mean after she saw the polls saying people agreed with sanders, before that she was for it

Which version? The late 1980s? the 1990s? the 2000s? It's been modified many times.

Remember that prior to the EPA, the US had rivers that were so polluted they would repeatedly catch on fire.

@Kenneth Holler im just stating why manufacturers have moved from the US. How much do you really think we are saving the planet when China is polluting at the rate they are? Not to mention other countries. So wouldn't it he smarted to somehow make it more affordable for manufacturers to meet requirements rather than just go pollute in china and help China's economy? The pollution is not going to stay confined to other countries. Not to mention imports have led to the death of most of the ash trees in the midwest. We need to find a balance to be environmentally conscious yet profitable for manufacturers to keep jobs and revenue in the US

mike taylor yeah, but those measures costs money to the manufacturers. I mean, if treating industrial wastes costs them $1000 per day, then laws that told manufacturers to do that would cost them $1000 per day at the benefit of the environment not being polluted. Getting rid of that law means that the companies can save $1000 per day at the expense of the environment, because they don’t have an incentive to preserve the environment. And you haven’t even considered wages or the labor unions yet. Those things, in my opinion, killed manufacturing even more than the EPA.

NAFTA listened to too many eurobeats

Deja vu

Nepal doesn't have highways there so cars don't affect people as much.