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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

Auto Workers Union Wants to Work With Trump on NAFTA Reform

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November 11, 2016, 10:27 AM ET
UAW President Dennis Williams Holds News Conference After The Group's Special Convention
DETROIT, MI - MARCH 25: United Auto Workers President Dennis Williams speaks to delegates at the UAW Special Convention on Collective Bargaining at Cobo Center March 25, 2015 in Detroit, Michigan. The Special Convention is held every four years. Approximately 900 delegates from UAW unions in the U.S. and Canada attended the event. (Photo by Bill Pugliano/Getty Images)Photograph by Bill Pugliano — Getty Images
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The United Auto Workers union will work with president-elect Donald Trump to renegotiate the North American Free Trade Agreement, its President Dennis Williams said on Thursday.

Williams told reporters that one reason Hillary Clinton lost was that she was blamed for NAFTA. The union opposed Trump’s candidacy, but said his “position on trade is right on.”

As a candidate, Trump vowed to force Canada and Mexico to renegotiate the trade deal.

Williams said the union believes about 32 percent of union members voted for Trump. He also backed Trump’s call for an infrastructure bill, saying it is “one of the most important things we can do.”

Williams said he would be open to tariffs on Mexican or Chinese vehicles “as an option,” but would have to evaluate the impact of tariffs on the union overall including workers at export oriented companies such as Caterpillar Inc.

Williams said the union is considering running advertisements to say “if it’s not made in America don’t buy it.”

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