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.
While Postmaster General Louis DeJoy halted operational changes at the USPS, California Rep. John Garamendi claims the concerted effort to destroy the post office was orchestrated by the Trump administration in order to steal the November election.
A day after Michelle Obama’s passion wowed Democrats on the opening night of the party's national convention, Joe Biden will draw on a collection of his party’s most experienced leaders.
The Postmaster general says he is halting some operational changes until after the November election.
President Donald Trump says he'll pardoned Susan B. Anthony, a leader in the women’s suffrage movement, who was arrested for voting in 1872 in violation of laws permitting only men to vote.
As the USPS rolls back its operational capacity, House Speaker, Nancy Pelosi, is calling ono the postal chief to testify in front of congress. Andrea Thomas Haile, CEO of Vote.org, talks steps states can take to work around USPS limitations.
There was no central meeting place or cheering throng during the all-virtual Democratic National Convention on Monday night. But it was an opportunity for Democrats — and some Republicans — to rally behind Joe Biden, the party's presidential nominee.
As eviction moratoriums are lifted and extra federal unemployment assistance dries up, there is a broad consensus among housing experts that an evictions crisis is inevitable.
The Democratic Party will convene, sort of, amid a pandemic that has upended the usual pomp-and-circumstance of presidential nominating conventions.
The Department of the Interior has approved an oil and gas leasing program within Alaska’s Arctic National Wildlife Refuge.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
