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.
U.S. health officials say fully vaccinated Americans don't need to wear masks outdoors anymore unless they are in a big crowd of strangers.
Car culture in the U.S. spurred a parking boom since the early 1900s. As a result, cities are chock full of parking lots and garages. Cheddar explains why this happened and the often unseen damage it's doing to our urban centers.
Jill and Carlo talk about optimism on the pandemic and economy, a big demographic shift that will have implications for the midterms, Apple rolling out its new privacy tool, and the Oscars ratings.
The first numbers from the 2020 census are out and they show Republican-controlled Southern and Western states gaining congressional seats.
While much of the world remains hunkered down, the band Six60 has been playing to huge crowds in New Zealand, where social distancing isn’t required after the nation stamped out the coronavirus.
The White House says the U.S. will begin sharing its entire stock of AstraZeneca COVID-19 vaccines with the world once it clears federal safety reviews.
Even before COVID, Modern Monetary Theory (MMT) was coming into vogue among left-leaning economists and policy-makers. But what is it? And what are the arguments for and against it?
Officials say the European Union is finalizing plans to allow tourists from the United States to travel to the 27-nation bloc this summer.
Jill is joined by Baker Machado this morning to talk about the CDC reinstating the J&J vaccine, a worsening Coronavirus crisis in India, but also, where things are looking a lot better.
Michigan has become the current national hotspot for COVID-19 infections and hospitalizations at a time when more than half the U.S. adult population has been vaccinated and other states have seen the virus diminish substantially.
