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.
A federal judge on Tuesday will consider whether Texas can keep a floating barrier on the U.S.-Mexico border as both the Biden administration and Mexico push to remove Republican Gov. Greg Abbott's latest hardline measure to deter migrants from crossing.
As the Biden administration makes billions of dollars available to remove millions of dangerous lead pipes that can contaminate drinking water and damage brain development in children, some states are turning down funds.
It's almost time for the first debate among Republicans competing for their party's 2024 presidential nomination. Here's all of the information on how to watch.
Canadian Prime Minister Justin Trudeau accused Facebook on Monday of putting profits over people’s safety during the emergencies created by Canada’s record wildfire season.
For foreign workers, Lahaina was an oasis. But after fires whipped by hurricane-force winds leveled the town earlier this month, many have lost their lives, livelihoods and even their documents.
Authorities in Georgia said Thursday they're investigating threats targeting members of the grand jury that indicted former President Donald Trump and 18 of his allies.
Nine current or former Northern California police officers were charged Thursday in a federal corruption investigation that found evidence they committed civil rights violations and fraud in an effort to get a pay raise and lied on reports to cover up the use of excessive force, U.S. authorities said.
President Joe Biden opened a historic summit with Japan and South Korea at Camp David on Friday focused on strengthening security and economic ties at a time of increasing concerns about North Korea’s persistent nuclear threats and China’s provocations in the Pacific.