Daily Wire's Michael Knowles on Midterms: GOP Should be "Terrified"
President Trump is doubling down on his plan to place tariffs on steel and aluminum imports despite facing backlash from his own party. Michael Knowles, host of "The Michael Knowles Show" podcast on conservative site The Daily Wire, shares his take on trade wars and the 2018 midterm elections.
House Speaker Paul Ryan said Monday he's extremely worried about the consequences of tariffs. "I wonder if Paul Ryan is playing a little bit of good cop to Trump's bad cop here," said Knowles. "I wonder if...he is simply using very tough talk, he is using very tough means, and very tough negotiating tactics to try to address a real problem," added Knowles.
Midterm elections started Tuesday with the Texas primaries marking the official start of the season. Early voting data indicates a growth in Democratic support in the typically red state. Knowles says the GOP should be "terrified" heading into the midterm elections.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.