President Trump is now using tariffs as a negotiation tactic. Trump tweeted Monday morning saying "tariffs on steel and aluminum will only come off if new and fair NAFTA agreement is signed." Later on Monday Trump told reporters the White House is not backing down. CFRA Equity Research Analyst Matthew Miller explains why his outlook remains positive on the steel sub industry.
"Ultimately Canada and Mexico--the US is an extremely important trading partner for all three groups. We think that in order for steel tariffs to be effective either steel tariffs need to be applied all throughout the NAFTA region to prevent circumvention or it has to be applied across the board," said Miller.
Miller says he is not surprised Trump is leaning towards stiff tariffs, given his promise to protect the steel industry.
If you want to dine indoors, go to a gym or attend an event at an entertainment venue in New York, you'll need to show proof that you have had at least one dose of a COVID-19 vaccine.
North Korea said Monday that it successfully tested newly developed long-range cruise missiles over the weekend.
The fight for funding for 9/11 survivors and first responders is back on the legislative agenda, as Congress considers a bill to update the funding formula for a key program which could mean billions of additional dollars for care.
The Justice Department on Thursday sued Texas over a new state law that bans most abortions, arguing that it was enacted “in open defiance of the Constitution."
President Joe Biden on Thursday is toughening COVID-19 vaccine requirements for federal workers and contractors as he aims to boost vaccinations and curb the surging delta variant that is killing thousands each week and jeopardizing the nation’s economic recovery.
A crowd erupted in cheers and song Wednesday as work crews hoisted an enormous statue of Confederate Gen. Robert E. Lee off the pedestal where it has towered over Virginia’s capital city for more than a century.
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Cheddar News' Michelle Castillo spoke to former Kipp alumni and Kipp Affirm Middle School principal Dominique Mejia about the precautions it is taking to keep everyone healthy and why it was so important to return back to in-person instruction.
America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.
