Before the markets closed today, Trump signed steel and aluminum import tariff proclamations. Art Hogan is the Chief Market Strategist for B. Riley FBR and Wunderlich Securities. He joins to give his reaction to the new tariffs.
Hogan said markets have been reacting since President Trump announced the possibility of tariffs. For many investors, Hogan said the tariffs felt rushed to market, and that drew a lot of concern regarding potential trade and tariff wars.
When it comes to the new tariffs, Mexico and Canada are indefinitely exempt. These two countries represent a large portion of American trade. The tariff also includes a window of 15 days before it goes into effect. This gives other countries the opportunity to negotiate and manage the tariffs.
Hogan says the best scenario would be no tariffs, but this is is a better tariff than initially expected.
Arjan Stephens, President of Nature's Path, discusses the company's origin, how it has evolved today and the interesting product that came from his wedding!
Small business reporter, Gene Marks, joins Cheddar to give analysis on how small businesses are tackling incoming tariffs and how it will affect the consumer.
Babylist CEO Natalie Gordon joins Cheddar to discuss how the website is helping new parents, how to make a registry and how secondhand options are available.
Biotechnology company Regeneron Pharmaceuticals is buying 23andMe for $256 million, two months after the genetic testing company filed for Chapter 11 bankruptcy protection.
ReturnPro CEO Sender Shamiss to discuss how his company is changing the way we make returns and how Trump's tariffs are affecting the return business. Watch!
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
