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.
The Oregon ballot measure permits licensed service providers to administer psilocybin for mental health purposes to those 21 or older, but they don't need to have a medical background or be otherwise credentialed to get certified.
State officials and election experts say the 2020 election unfolded smoothly across the country and without any widespread irregularities.
Ingmar Rentzhog, CEO and founder of We Don't Have Time, joined Cheddar to discuss the difference going forward in climate policy with President-elect Joe Biden.
The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene.
Dana Peterson, chief economist at The Conference Board and former global economist at Citi, joined Cheddar to discuss the findings of a study about what is actually leading to wealth disparities between Black and white Americans.
A more conservative Supreme Court appears unwilling to do what Republicans have long desired — kill off the Affordable Care Act.
Democrats did not flip a single state legislature as of Monday after the election, and that means the majority of legislative maps will be redone by Republicans.
John Matze, CEO of Parler, says he welcomes Republicans and Democrats alike to create "discussion, debate, and discourse" on the popular "free speech social network."
North Carolina Congressman, Patrick McHenry (NC-10), joined Cheddar to discuss the election process and when a race should be called. McHenry says this election was called prematurely but will likely hold up once the official process is complete.
The course of President-elect Joe Biden's transition to power is dependent in part on an obscure declaration called “ascertainment.”
