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.
Immigration and Customs Enforcement, the agency that oversees student visas, just released new guidelines for international students, which say that if an international student is enrolled in a program that decides to go fully virtual, they must leave the county.
President Donald Trump on Tuesday launched an all-out effort to reopen schools this fall.
Camden, NJ has garnered national headlines after the city replaced its police department with a community based policing program. Cheddar's Michelle Castillo gets an inside look at this alternate type of policing.
The Trump administration has formally notified the United Nations of its withdrawal from the World Health Organization, although the pullout won’t take effect until next year.
TikTok says it will stop operations in Hong Kong after the city enacted a sweeping national security law last week.
The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money from a program that likely helped prevent the job market meltdown from growing worse but that also benefited some politically connected firms.
A white woman walking her dog who called the police during a videotaped dispute with a Black man in Central Park was charged Monday with filing a false report.
Stacy Abrams, author and founder of 'Fair Fight,' talks the need to expand vote-by-mail options for Americans as the concerns of voter suppression rise.
Lauren Paylor, a bartender and mixologist, most recently at Silver Lyan, a newly-opened cocktail bar in Washington, DC., talked to Cheddar about unemployment amid the coronavirus pandemic.
The Supreme Court has upheld a 1991 law that bars robocalls to cellphones.
