The North American Free Trade Agreement, or NAFTA is being replaced with what is called the United States – Mexico Trade Agreement. Many are applauding the deal, but Creighton University Economist Ernie Goss has some reservations.

The change mainly impacts auto and parts production. The deal would require that 75 percent of manufacturing happen in the U.S., Mexico and Canada and raise the wages of workers to $16 an hour.

Goss says the next step is to work out a trade deal with Canada