is set to impose steel tariffs on imported steel and alum in the from the european union canada and mexico the move takes effect on friday the european commission says it's a bad day for world trade and is preparing for what it calls counterbalancing measures mexico is responding with terrorists on american imports including polk great apples in steel. a close aide to north korea's leader is meeting america's top diplomat for a second time in new york their meeting is expected to. paves the way for a summit between donald trump and kim jong il next month president trump says preparations are going well. spanish media is reporting that a majority of m.p.'s are likely to vote against the prime minister mariano rajoy forcing him out of office m.p.'s have been debating a no confidence motion against mr hoyer after twenty nine people linked to his ruling people's party was jailed for corruption the main opposition says his policy is leading the charge it says he's lost credibility a court ruled that former people's party officials took bribes to fund election campaigns in exchange for lucrative

some flexibility going forward but it will depend on the actions of they sions like canada mexico and also the european union one of the u.s. central cities are doing this in the interest of national security does that mean they perceive the e.u. canada and mexico as a threat. right well certainly this is a question that came up a number of times reporters saying are you calling your allies a threat to u.s. national security in essence the commerce secretary saying yes but the answer is convoluted what he's saying is that when there are actions that are taken by nations in this case with regard to steal aluminum that are what they call transshipments in other words they don't believe the products coming to the u.s. are threatening in any way but that there are other nations like china contributing to the product that then is shipped to the united states that's one concern the other concern is that there's the feeling that the actions of these nations have an impact on the overall u.s. economy the idea being if there's an unstable or not secure and strong economy in the united states that is also under the ac

the united states is set to impose tariffs on steel and aluminum imports from the european union, canadand mexico. it comes after the talks failed to reach an agreement. the european union, mexico and canada say they will impose countermeasures against the u.s. the man who is going to be the italian prime minister, then dropped out, is taking the post after all. the parties have reached a deal and it means conte could be sworn in by the president on friday. after a short break i will be back to take you through the day. stick around for that. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] . just days. what's with the. you're you diseases say they that has led levy heavy heavy try try. the know you know state id because i was i was a trump trying to restoration condemned it going on it hit town councils will deal on how many many in. europe canada and mexico because the french french find on it is that

war the united states has decided to impose tariffs on steel and aluminum imports from the european union canada and mexico u.s. commerce secretary will the ross says the twenty five percent tariff on steel and a ten percent tariff on a million imports will come into effect at midnight on thursday but he says the door remains open for negotiations but he didn't specify what measures could be taken. over production of the oil. city throughout the world. so we needed to deal with the in a very global. you can't just deal with the dealing with one country. what's going on now shaun white house correspondent kimberly committee is this it then was that a room for maneuver well there seems to be some room for maneuver but the position of the commerce secretary is that there are prepared the united states have is is prepared for retaliatory measures that they expect and anticipate the fact that there have been steps to mitigate that but at the same time there was a frustration on the part of the united states with discussions with its allies when it comes to canada and mexico as there were negotiations

i thought canada i thought the european union i thought mexico were all friendly countries and also that we're all in the same boat together speaking about security so it's clearly one of these distant ideas of industrial policy if you don't have something very specific then somehow you're less of a nation less secure but it is clearly just made up the only way he could get to do what he's just threatened to do and he's doing it does seem rather obscure but the u.s. congress. saying not enough have been done to reduce that trade deficit we do have to acknowledge it is it is very large does he have a point that sometimes you can say you got there is that deficit now the question is do we agree what the cause of the u.s. deficit are economists are actually pretty much in a great agreement it has to do with the macro economic imbalance between domestic sources of saving and the attractiveness of investment and it happens to be the case that the those reasons have nothing to do with protectionism that what could end up being the case everybody is poor and the trade balance imbalances remain

trump administration said it will now impose tariffs on steel and aluminum imports from the european union, canadaand mexico beginning at midnight tonight. we are joined by michael mckee, our international politics and finance correspondent. live in canada. as anticipated, the countries that are affected are ready to go with retaliation. what changed in the last couple of hours? >> we are starting to get some of the retaliatory action. it was goingcing to impose sanctions on u.s. products including some steel made in the u.s.. legs,ausages, lamb apples, grapes, cranberries, and some cheeses. no specific threats of retaliation from canada in terms of what it would retaliate on. they have indicated they would. the eu and japan with a joint statement after their trade ministers met with robert white heiser, the u.s. trade representative in paris. they both call the u.s. administration's action a threat to the global economy. neither one put forward specific retaliatory tariffs. the eu had threatened u.s. bluejeans, whiskey, and ryan's homein paul district of milwaukee. we are respecting retaliation.

president donald trump has delayed the imposition of steel and aluminum tariffs on the european union canada and mexico until next month the decision came just hours before exemptions for these countries were due to expire. and a judge in australia has ordered cardinal george pell to stand trial on multiple charges of sexual abuse how was australia's highest ranking catholic the most senior church official to be tried on such charges the seventy six year old has pleaded not guilty. thank you for watching t w krista first brigade will be with you at the top of the hour. a new course for celebration world press freedom day may third w.

wilbur ross announced duties on steel and aluminum on the european union, canada, and mexico on groundsnational security. the eu says it will retaliate immediately. mexico promised to scrap tariffs on a range of u.s. goods. canada says washington's decision is baffling. us.hey will deny the worst case scenario was imposing tariffs. announced today that we will take action. >> canada could be considered a national security threat to the -- of that canada could be considered a national security threat to the united states is inconceivable. courtney: a north korean delegation is expected to visit washington on friday. the trip would follow talks with a north korean leader and mike pompeo. pompeo insists things went well, and they are still planning for the historic summit on june 12. >> this is a difficult challenge. there remains a great deal of work to do. asmade progress here as well at the same time made progress in the other venues. we had all the time we need to today to make the progress that was achievable during our time. courtney: facebook is under fire again, this time from its

. >>> the white house delays new steel and aluminum tariffs on the european union, canada and mexico.t's the president's next move as he seeks better trade deals? >>> and the president loves a good show. he's suggesting the north korea summit at the dmz. kim jong-un is already on board. optics always central to the president's thinking. welcome back to "early start," everybody. >> it's 31 minutes past the hour this tuesday morning. possible obstruction of justice is the dominant theme the russia special counsel wants to ask president trump. the questions were first obtained by "the new york times" later matched by "the wall street journal." the questions focus on the president's motivations for key decisions and whether he obstructed the russia investigation. evan perez starts our coverage from washington. >> the president's legal team composed a list of nearly 50 questions following a meeting last month with the special counsel robert mueller's investigators to discuss a possible interview with the president. a cnn reported, the questions roughly fall into four categories. and they d

a levvying of tariffs on imports of steel and aluminium from the european union, canada and mexico, whenare being imposed, washington claims, on national security grounds, in particular to stop china flooding cheap metal into global markets. it's "america first" worn with pride and has left his allies screaming

plus, president trump imposing sweeping new tariffs on steel and union reports from the european union, canada and mexico. he wants fair trade. fair for the united states. how are the nations responding? next. when i kept finding myself smoking in my attic. dad! hiding when i was supposed to be quitting. i thought, i should try something that works. i should try nicorette. nicorette mini relieves sudden cravings fast. anytime. anywhere. nicorette mini. you know why. we know how. tomorrow is going to show up. it will surprise you. challenge you. test you. tomorrow will show up. so will you. the all-new ram 1500. the most capable ram 1500 ever. ♪ is not a marathon. it's a series of smart choices. and when you replace one meal or snack a day with glucerna made with carbsteady to help minimize blood sugar spikes you can really feel it. glucerna. everyday progress. on a perfect car, then smash it into a tree. your insurance company raises your rates. maybe you should've done more research on them. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first acciden

>>> president trump plans to move ahead on tariffs on steel and aluminum imports from the european union, canada, and mexico. the president is especially -- expected to announce that those countries will no longer be exempt from a 25% import tax and a 10% tax on aluminum. when the u.s. imposed those tariffs back in march, president trump granted a temporary exemptions to canada and mexico and the european union to give time for trade negotiations. the deadline for that temporary exemption is tomorrow. and the president is reportedly not happy with the negotiations that have happened. >>> later this morning, secretary of state mike pompeo will meet again. while the details of the planned summit between president trump and north korea leader kim jong-un. last night, the two men had dinner today, -- together. some of the diplomatic efforts in advance of that plan summit in june 12 in singapore. meeting with north korea officials in singapore and the demilitarized zone between south and north korea. some time is 4:16. a 13-year-old reporter from the bay area was able to get a very emotional response

to be exempted from steel and aluminum tariffs, when i say countries, our allies, like the european union, canada, mexico. sanders saying the administration extended that trade deadline because we've seen progress. this is her quote, we've seen progress in talks with the eu, canada, mexico and perhaps other nations that went unmentioned. keep in mind, negotiations worked out with australia, argentina and brazil, all exempted. so 30 more days to go before she said she didn't expect these negotiations to continue, that there would be an answer. the uncertainties were rattling stocks earlier today. steel stocks down even with her comment that most likely deals might be struck within 30 days to exempt our friendly nations here. u.s. steel down 4%. ak down 5.75%. new corp down 2. other steel stocks seeing a lot of red. no mention of the white house correspondents dinner which was controversial. none of the white house correspondents picked up on that question to ask sarah sanders, but let's get to the broader market. action on wall street here. we were down more than 300 points for the dow jones indus

a levvying of tariffs on imports of steel and aluminium from the european union, canada and mexico, when their current deal expires at midnight. the duties are being imposed, washington claims, on national security grounds, in particular to stop china flooding cheap metal into global markets. it's "america first" worn with pride and has left his allies screaming about protectionism and reaching for their own retaliatory moves. here's our political editor nick watt. apples, blueberries, and iconic bulb and whiskey, hardly the stuff of war. but the european union and mexico are lining up those innocent products for retaliatory measures of the new tariffs have been imposed by donald trump. —— bourbon whiskey. from midnight, tariffs of 25% on steel and 10% on aluminium will apply to imports from the eu, canada and mexico, the trump administration cited national security grounds for targeting the trio, who once considered themselves closest allies of the us. even if the eu does retaliate, and even if some others do, it will still remain unlikely to be as much as 1% on the economy. remember, j

. >>> the white house delays new steel and aluminum tariffs on the european union, canada and mexico.hat's the president's next move as he looks for better trade deals? >>> and the president loves a good show. he's suggesting the north korea summit at the dmz. kim jong-un already on board. what a dramatic sight it would be to see the president and kim jong-un in the dmz. good morning, everyone. welcome to "early start". >> it's tuesday, may 1st, may day. 5:00 a.m. in the east, 6:00 p.m. in seoul. noon in jerusalem. we will take you all of those places in the next half hour. obstruction of justice.le - the dominant theme in dozens of questions the russia potential count wants to ask president trump. a list of four dozen questions robert mueller has for the president was first obtained by "the new york times" later matched by the wall street journal. the questions focus on the president's motivations for key decisions and whether he obstructed the russia investigation. evan perez starts our coverage from washington. >> the president's legal team composed a list of nearly 50 questions fo

that not enough progress had been made to warrant a further over a preview of that to the european union canada or mexico and he did say though that president trunk can then if those tariffs any time he wants that was kind of the justification of course what european leaders have said is that it's not how you act with an ally we will not come back to the negotiating table with you know that threat hanging over our heads in terms of further justification there is a piece of legislation which says that the us president may enact such tariffs if he judges that there is a threat to national security i mean i say that's the justification whether it's a good one now of course you have heard we're still a ways and all the money that was there waiting for the threat to u.s. security from europe or from canada or from mexico to be shown would let me ask you about what we heard from germany france and the e.u. today they said that these steel and aluminum tariffs or illegal are the. i think i would not want to have to make a. case for the national security importance of having a tariff on steel and alumi

now there is a 30 day reprieve for the european union, canada and mexico while negotiations continue. the president is trying to use the tariff policy to get concessions on trait. >>> new developments in the border stand up. some asylum-seekers from central america are in u.s. territory tonight. >> reporter: he was initially blocked all of them from crossing into the country. tonight they allowed eight members to pass through the gate. and enter the immigration checkpoint. after a month long track through central america nearly 200 migrants camped out in tijuana. they hoped to asked for asylum. many are applying for protection because of violence in their home countries. >> these are mothers clutching onto their babies, fleeing violence. they have nowhere else to go. they are seeking the hope of a better day in america. >> reporter: u.s. officials a the processing facility does not have enough space to handle them. >> every american should understand these people are victims. they are being exploited. by open border political activists and an agenda driven media. >> reporter: this twe

the european union, canada, and mexico also facing penalties. in hong kong, i'm rishaad salamat.dney, i'm haidi lun. financial raises its fundraising target to more than $12 billion that would value the company at $150 billion. this is "bloomberg markets asia." ♪ heidi: the relief rally is obvious. we get the panic sentiment over italy's starts to send side that there was an outside move we saw and global bond. the rebound is on foot and helped along by the positive my numbers. near export orders generally as well as activity bradley looking pretty positive. the best we had in eight months. trade, always on the back burner there. rishaad: trade talks going on as we speak. other things we're looking at. we're looking at the jobs report out friday. the last set of data there on employment before the fed

president donald trump has delayed the imposition of steel and aluminum tariffs on the european union canada and mexico until next month the decision came just hours before exemptions for these countries were due to expire. and israeli prime minister benjamin netanyahu has presented what he says is new evidence that iran is lying about its nuclear weapons program iran called the presentation stuns the un that nuclear watchdog also said the evidence was old. well not yet his presentation is widely seen as a justification for u.s. president donald trump to withdraw from the iran nuclear deal so what do a rainy and think of that possibility that trucker asked university of tehran political science professor sadegh zibakalam. so doctors about us president donald trump us threatening to pull this country out of the nuclear deal how is that seen here in tehran. people are very concept and have all of this. alternative people who are really feeling. their body that pressure. to be tennis of the sanctions. obviously it wasn't fifty years ago or it was five years ago or four years ago so i don't reme

imports from the european union canada and mexico. into effect admitted in washington time. to reach agreement. in brussels and in frankfurt. ukraine comes under fire for staging a genuine death of an accusing russia. and north. a russian foreign minister said. it's his first visit to north korea in a decade and the head of a. kim jong. il in the next. meeting is. the french. with his head. on the spoiled beach. in thailand made famous. hollywood movie the beach now in time authorities are banning visitors after master ism wrecks the beauty spot. let me bring you some breaking news now it's official the u.s. commerce secretary wilbur ross says the u.s. really impose penalties tariffs on imported steel an aluminum products from the e.u. they come into effect on friday along with tariffs against canada and mexico still will face a twenty five percent tariff an aluminum ten percent after hard negotiations at the all you see the conference in paris theaters were unable to get the u.s. to reverse its position the e.u. has already put together a list of u.s. products which is now

the united states imposes tariffs on steel and aluminum imports from europe mexico and canada and the european union has already promised to respond in kind a trans-atlantic tit for tat carried out by two of the world's most powerful economies which are supposed to be the world's two closest allies not to mention the twentieth century's champions of free trade our first report begins right here in your. it's the moment european steer producers were dragging their help that would be except from u.s. tariffs european six part three point five million tons of steel to the united states every year but all negotiations between e.u. and u.s. officials most recently at this week's o.e.c.d. summit in paris have proved fruitless. cities you feel they don't know where the decision will be dangerous for growth rate and the level of growth both in the united states and in europe would be as well as the rest of the world has to do we don't want to trade more and to get permission we starting on friday washington will impose in part tariffs of twenty five percent on steel and ten percent on the menu canada and me

united states here's to immediately impose tariffs on steel and aluminum imports from the european union canada and mexico the move comes after a last ditch talks fail to reach an agreement the e.u. and mexico have said they'll impose countermeasures against the u.s. . and the german government reacted quickly to washington's announcement spokesman said she considers the terrorists to be illegal and wrist touching off a dangerous spiral where territory measures german economics minister peter all of my are called the american decision wrong in hong for all to both the u.s. and europe he said countries would now analyze the u.s. measures and take appropriate actions were needed he did not rule out countermeasures. for this but. meanwhile a german foreign minister heiko must this to say about the u.s. terrors. just because i'm talking of a member of the right answer to america first is you know european i said this didn't catch us by surprise which we're not at the same time we don't think it makes sense we also don't think it's legal to say. heiko must be king there earlier was play in our polit

the administration placed 25% tax on steel and 10% tax on aluminum from the european union, canada, and mexico at midnight tonight. this comes after talks of reducing steel imports failed. the administration claims the imports are a threat to national security. eu officials will file a protest with the world trade organization and impose duties on u.s. trade imports. mexico imposed tariffs on u.s. imports like pork, apples, grapes, and flat steel. >> this had a chilling effect on the market as stocks are lower today. you can see right now on the dow, it's down 289 points. that's down to over 1%. industrial companies are falling the most with investors anticipating higher manufacturing costs with a higher cost of foreign steel and alumin aluminum. >>> president trump is escalating a feud wit abc in the wake of the "roseanne" cancellation tweeting bob iger saying, iger, where is my call of apology? you and abc offended millions of people, and they demand a response. abc axed the show after barr, herself, posted a racist tweet. after a brief break on twitter, she's fighting back saying she

from the european union canada and mexico. into effect. in washington. and in frankfurt.

administration announced it will impose those tariffs on steel and aluminum imports from the european union, canada and mexico. that begins at midnight. the commerce secretary says it will be 25% on steel and 10% on aluminum. when they imposed them on other countries, president trump gave time for trade negotiations. the deadline for the temporary exemption is tomorrow. there had not been enough concessions in the negotiations. the head of the european union issued a response saying the decision to impose tariffs leaves the eu with no choice but to impose counter measures. expect a lot of businesses here in the u.s. to be affected by this. >>> in a rare move, consumer reports is reversing the decision. tests showed that it needed 250 feet to come to a complete stop when going 60 miles per hour. that was the longest stopping distance of any car tested. in response, tesla issued a software update that reduced the braking distance by 19 feet. that raised the score enough to earn a rating. but the editor says he has never seen a car improve by a software update alone. >>> according to mpr, people in em

being delivered on now the reason there had been an exemption of about two months for the european union canada and the united states and mexico rather well there were negotiations with the united states is because this in the case of mexico and canada there was the attempts to renegotiate the north american free trade agreement or nafta the congress secretary saying in fact that those talks took longer than they had hoped and the case of the european union there's been some progress but they did not warrant the discussions in his view in sort of any reason to continue those exemptions any longer so they have slapped these tariffs on the steel aluminum imports into the united states but maintaining that there is no reason to be concerned about a trade war in fact the commerce secretary dismissing those concerns particularly from the u.s. standpoint saying even if there is retaliation this really is going to affect in his view only one percent of the u.s. economy ok kelly thank you very much well let's get the reaction now from london peter shop is there for us peter the europeans very quick to

the united states is to immediately impose tariffs on steel and aluminum imports from the european union canada and mexico while the announcement comes after a last ditch talks fail to reach an agreement do you and mexico says they'll impose countermeasures against the u.s. . don't forget you can always go to the we news on the go just download our out from google play or from the apple store that will give you access to all the latest news from around the world as well as push notifications for any breaking news you can also use the w. app to send us your photos and videos. on the rocks in berlin on behalf of the entire new scene thank you so much for spending time with the so the news continues at the top of the hour you know to see that. in good shape. for those affected it's a devastating diagnosis parkinson's disease parkinson's is one of the most frequent neurological diseases in the world more than four million people suffer. to kind of . a to contribute to the slowing down the climate and treating the symptoms. in good shape next on the d.w.p. . the intrigue international talk show for

president donald trump has to spend a decision on imposing mental status on the european union canada and mexico until june first trump imposed a twenty five percent tighter phone steel imports and a ten percent.

imports of steel and aluminum affects the european union, canada, and mexico. it continues a temporary exemption already in place. the president announced in march he wants to impose tariffs of 25% on imported steel and 10% on imported aluminum. the white house also reached an agreement with south korea on steel imports. south korea imported the most steel to the u.s. last year. >>> the first group of central american migrants that trekked across mexico seeking asylum in this country is being processed this morning. other members of the so-called caravan cheered and pumped their fists when news spread that eight women and children were allowed to across the border. cbs has more. >> reporter: after a month-long trek through central america, nearly 200 migrants have set up this encampment in tijuana, mexico. they're waiting to ask for asylum despite customs and border protection announcing the san ysidro port is at capacity. mira's 1-year-old son and several other children are just recovering from a fever and the flu after traveling through mexico on a train call

now there's a 30-day reprieve for the european union, canada, and mexico.resident trump is trying to use the policy to get more favorable trade deals. >>> some asylum dealers from central america are in u.s. territory now. the u.s. initially blocked all of them crossing into the country. last night, eight members of the migrant caravan were allowed to enter the immigration check point. nearly 200 migrants camped out inty juan that, hoping to ask for asylum. many of them are applying for protection because of violenceth their home countries. >> has to are mothers clutching on to their babies, fleeing violence. they're just seeking the hope of a better day in america. >> u.s. officials initially said that the processing facility did not have enough space to handle them. it's unclear if more of the migrants will be allowed into u.s. territory. president trump tweeted this out, saying, quote, "the migrant caravan shows how weak and ineffective u.s. immigration laws are." asylum seekers are typically held up to three days at the boarder. >>> time now is 4 opinio

president donald trump is delaying his proposed new steel and many of tariffs on canada the european union and mexico until june he's. reportedly reached an agreement in principle with argentina australia and brazil the us announced worldwide tariffs of twenty five percent on steel imports and ten percent on aluminum in march as part of trump's america first policy white house officials say they're already in effect to china russia and japan one hour from al-jazeera returns in washington. the discussions with the europeans in particular have been described as for europe holding firm that they will not impose voluntary quotas on their steel and aluminum exports to the united states as the white house is requiring and in fact the e.u. saying that they will impose tariffs on u.s. goods like bourbon and jeans and harley davidson motorcycles if the u.s. does go ahead with tariffs on their goods wilbur ross the commerce secretary was pushing for some sort of delay he's convinced donald trump as for the other countries we knew actually about the u.s. and canada that was announced over the weekend

those borders president trump has delayed his proposed steel an early many in tariffs on the european union canada and mexico until june he's also reportedly reached an agreement in principle with argentina astray and brazil the us announced worldwide tariffs of twenty five percent on steel imports and ten percent on aluminum in march as poss of president trumps america first policy and those are the headlines more useful to zero after the stream next. u.s. and british companies have announced the biggest discovery of west africa but what to do with these untapped natural resources is already a source of heated debate nothing much has changed they still spend most of the days looking forward to for the dry riverbed to make this one five years on the syrians still feel battered or even those who managed to escape their countries haven't truly been able to escape. ok today why are looted ethiopian treasures from the nineteenth century still in the u.k. . a new exhibition in london showcases plundered artifacts from the abyssinian empire casting a spotlight once again on the debate over whether the s

president donald trump has delayed the imposition of steel and aluminum tariffs on the european union canada and mexico until next month the decision came just hours before exemptions for these countries were due to expire. a judge in australia has ordered cardinal george pell to stand trial on multiple charges of sexual abuse alice australia's highest rang. catholic and the most senior church official to be tried on such charges the seventy six year old has pleaded not guilty. don't forget you can always get date of news on the go with her after get access to all the latest news from around the world as well as push notifications on your phone for any breaking news and you can also use the d.w. app to send us your photos and your videos just download the app from google play or from the app store thank you for watching just any. climate change. sustainability. environmental. globalization. biodiversity species nontraditional exploitation in quality. human rights displacement to move the global current. global three thousand next. may the fourteenth one thousand nine hundred forty eight the

president donald trump has delayed the imposition of steel and aluminum tariffs on the european union canada and mexico until next month the decision came just hours before exemptions for these countries were due to expire. a judge in australia has ordered cardinal george pell to stand trial on multiple charges of sexual abuse hellas australia's highest ranking catholic and the most senior church official to be tried on such charges the seventy six year old has pleaded not guilty. and israeli prime minister benjamin netanyahu has presented what he says is new evidence that iran is lying about its nuclear weapons program iran called the presentation a stunt the u.n. nuclear watchdog also said the evidence was over. a different you can always get the w. news on the go download our app from google play or from the app store that will give you access to all the latest news from around the world as well as push notifications for any breaking news and you can also use the you have to send us your photos and your videos. thank you for watching do that we will be back at the top of the hour. shakeup

from now the united states will impose tariffs on steel and aluminum from the european union it's doing the same to canada and mexico last ditch negotiations in paris this week failed to bring a compromise and now europe is valid to retaliate with counter measures against u.s. products today german chancellor angela merkel called the u.s. tariffs illegal and she warned that the standoff could spiral into a global trade war. it's the moment europeans see it produces where dragging that help there would be exempt from us tariffs europeans export treat point five million tons of steel to the united states every year one thing is certain starting on friday washington will impose in part tariffs of twenty five percent on steel and ten percent on a. canada and mexico are also not spared. other countries which are no excluded from the us steel market. for new markets and live more closer in the open europe and market so we expect a deflection of new trade flows from countries such as turkey. or iran coming to the european union. german is economy minister is disappointed as well. today's decision by the us gover

♪ vonnie: president donald trump will impose steel and aluminum tariffs on the european union, canadaand mexico. let's check our markets are reacting to julie: interestingly -- are reacting. interestingly, they are not reacting. it is a question of how do you trade this? been so much back-and-forth on tariffs and trade talk that it is difficult to know what the worst case scenario is if it plays out here. we're seeing the downfall because it has the heaviest weighting of those affected by this is a nasdaq is trading higher today. from earlier in the year when we first got headlines and you saw more dramatic reactions. we are seeing pockets of reaction center stronger. one is with alumina makers gains,ves, we're seeing pretty substantial ones with aluminum and steel. steel trading higher as well. we're watching machinery companies. goldman sachs cutting its view from neutral to attractive because of u.s. production that will pique over the year, a challenge for 25% of machinery coverage, particularly being downgraded to neutral by the folks at goldman sachs. oil prices appear to be a v

he exempted the european union, canada and mexico at the time. day he is lifting those hasptions, saying the e.u. not done enough to import quotas and canada and mexico had not done enough progress on nafta. the decision by the administration has caused swift condemnation from all the allies and retaliation. they published a list, including harley davidson motorcycles and bourbon whiskey from kentucky. canadians will impose tariffs on american-made steel and aluminum, things like maple syrup and beer cans. hurtmists say it will not the economy now, but could if we see escalation. nobody knows where we are going from here. ramy: it seems, looking at these leaders, there is reticence in this. justin trudeau said it is inconceivable there could be any kind of security issue between the united states and canada. they do not want to be doing this, do they? it seems they have to take a stand. michael: politically, they have to. it would not play well in their home countries if they were seen as kowtowing to donald trump. it is difficult for the g7 finan

lobbying efforts right up until the last minute we knew that the temporary exemptions that the european union and canada and mexico had obtained after the towers were originally announced in march were set to expire at the end of this month so we knew some kind of decision would be coming down by today at the latest it's interesting to note how much this really could hurt transatlantic ties between the united states and europe at a time when the u.s. needs its european allies in so many other foreign policy challenges we're of course looking down the barrel of a possible meeting between donald trump and the north korean leader kim jong un they're going to be facing confronting china and other trade issues and they need their european partners to settle issues to try and find solutions to problems in the middle east so it's interesting to see that the timing of this is also quite sensitive even though this was the date that they set for them to expire it's an interesting moment for trump to go ahead and impose those tariffs on the european union and any case. we heard. today calling them illegal i mean t

good evening and welcome to bbc news. from the european union, canada and mexico.

the white house announced a decision whether to impose steel and aluminum tariffs on the european union, canadaco, those countries have an additional 30 days to negotiate the pres.'s remarks on salary that is saturday or any indication he does not appear willing to back down. >> disastrous trade deals i'm straightening out and i'm not saying that there may be a little pain for a little while but for my farmers, i love my farmers. >> these tariffs were such to go into effect tomorrow, 25% tariff, 10% on aluminum, the presidents of france and germany at the white house urging him to reconsider. train change it is clear we have an exchange of views on the current state of affairs, negotiations and respective assessment of where we stand on this and the decision lies with the president. >> i'm confident about the future of the relationship. is part of a broader picture where our interests are aligned. >> the white house announced preliminary agreements with argentina and brazil that will allow them to avoid the tariffs at least for now and that is in addition to the permanent exemptions on steel ta

security and the decision comes after donald trump postponed steel and aluminum tariffs on the european union, canadand mexico this week, agreements must be worked out by june 1st. donald trump honoring the heroic crew of the deadly southwest flight at the white house, the commander-in-chief paying tribute to capt. tammy jo shultz, the former navy pilot who executed an emergency landing. >> capt. shultz, i want to commend you for your life-saving actions. everybody is talking about it, still talking about it, they will be talking about it for a long time. the actions of southwest flight 1380 showed the great character of our nation. we are very proud of them and god bless you all. heather: also honoring jennifer riordan, mother of two who lost her life after nearly being sucked out of the window when an engine exploded. the incident is under investigation. today the president will lay down the welcome mat for the best teachers in america. he will meet with teachers from all over the country, the winner selected by panelists in each state and us territory. my sister happens to be the best in the count

moves forward the metal tariffs on european union, canada, and mexico. relationships with china still hang in the balance. peter navarro undercut steve mnuchin's declaration of a truce , calling it an unfortunate soundbite. this is as commerce secretary wilbur ross prepares to head to beijing this weekend. let's bring in elizabeth director of asia studies in the council on foreign relations. -- reciprocal and more fair trade? i think the administration deserves some credit for standing up to china, pushing back. 15 years, we haven't seen much internal economic reform or opening of the chinese market. -- wasositions on reasonable. but we are heading into month six of an on again off-again threat of a real tariff war. thes unclear where administration is going with this. what are the markers of success? what are we looking for? this is an administration that speaks with many voices, which i think makes positive conclusions and negotiations difficult. shery: you say that china has not changed much in the last decade when it comes to opening their markets. i

the decision coming after president trump was on imposing steel and aluminum tariffs on the european union, canada u.s. ambassador to the u.n. nikki haley is taking names at a newly released report on voting records found that member states voted with the u.s. 31% of the time last year and that is down 10% from the year prior. reacting to that report, it is not an acceptable return of the united states investment and suggest this could factor into aid decisions. secretary of state mike pompeo receiving a warm welcome on his first day at the state department. he told hundreds of diplomats he would work to restore morale at the department and help get his swagger back. pompeo says president trump will visit the state department for the first time tomorrow for the swearing-in. the programming note for you. maria bartiromo will be interviewing secretary of state condoleezza rice said today 7:30 a.m. eastern time on "mornings with maria." gerri: apple posting stronger-than-expected earnings for its latest quarter as we've been telling you. analysts have lowered expectations about slowing iphone sales g

. >>> a decision delay to impose new tariffs on steel and aluminum from the european union, canada, and mexico. and marjah tariff was announced on imported steel and a 10% tariff on aluminum. they were scheduled to start today but the trump administration says it has an agreement with south korea on steel imports. this delay playing a role in how the market is moving this afternoon. the dow jones is down 140 points. the nasdaq is in the positive and up 37 points. >>> in november, california voters may have a chance to vote on the gas tax. lee martinez has the story. >> reporter: the gas tax was put forward to help pay for road repair projects. according to a new poll, californians are split on how necessary it is. an anti-gas tax that has more than 900,000 signatures to put the question on the ballot. the new $0.12 tax was quietly pushed through the legislature last year without voter approval. caltrans says the funding has doubled the amount of money available for state and local transportation repair. officials announced $2.6 billion in mass transit improvements funded in part by the

. >>> president trump is moving ahead with tariffs on steel and aluminum imports from the european union, canada, and mexico. the commerce secretary announced the countries will no longer be exempt from an import tax on steel any 10% tax on aluminum. when that you was imposed those tariffs on other countries, president trump granted a temporary exemption to canada, mexico, and the european union. the deadline for that temporary exemption is tomorrow. the president is reportedly not happy with the negotiations that have happened since then. >>> a quick peek at marketeer. we started off low. we got even lower. dow jones is up almost 200 points, losing just more than three quarters of a percent. >>> secretary of state mike pompeo wrapped up his meeting with the top north korean official in new york to discuss the details of the possible summit between president trump and north korean leader kim jong-un. last night, the two men had dinner together. two teams have been meeting with north korean officials in singapore and in the -- demilitarized zone. pompeo was scheduled to have another meeting this

president trump just imposed steel and aluminum tariffs on the european union, canada, and mexico. >>> also just within the last few minutes president says he will pardon conservative commentator and campaign violator de souza, accused of breaking campaign finance laws. back with top stories in a few minutes. it's 6:52. to california schoolsd, need big change. marshall tuck is the only candidate for state superintendent who's done it before. less bureaucracy, more classroom funding. marshall tuck for state superintendent. marshall tuck. when the worst oil spill hit san francisco, first responders went to work. and mayor gavin newsom, he went to hawaii. man: newsome left the day after the spill for a four-day vacation in hawaii. the same gavin who said his job as lieutenant governor was so dull, he only showed up for work at the state capitol one day a week, tops. gavin's not gonna work as governor. a l . >>> welcome back to you. it's 6:55 right now. before you head out the door, here are top stories we're covering on "today in the bay." >> a live look in byron where firefighters are b

and steel and aluminum and tariffs on the european union, canada and mexico this week.greements must be worked out by june 1st. supporters welcoming the vice president to arizona with thunderous applause. >> hello, arizona. >> the vp speaking in phoenix promoting the new tax cuts. >> it just over four months ago donald trump signed the largest tax cuts and tax reform in the history of this country. promises made and promises kept, arizona. >> mike pence spoke about illegal immigration and plans for a southern border wall. >> facebook hoping to fix what kind of news you see on your feed. mark zuckerberg announcing the social media site will rank news organizations, users will be surveyed to determine which sources are trusted, news sites with the highest score will be promoted on the site, those with a lower score will be suppressed. rob: could there be a new branch of the military? donald trump signaling it could be out of this world. >> the space force was we are getting very big in space both militarily and for other reasons and seriously thinking of the space force.

, president trump plans to move ahead with terrace on steel and aluminum imports from the european union, canada, and mexico. expected to announce that. those countries will no longer be exempt from a 25% import tax on steel. 10% tax on aluminum. with the u.s. and post those tariffs on other countries back in march, president trump granted a temporary exemptions to canada, mexico, and the european union to give time for trade negotiations. the deadline for that temporary exemption is tomorrow. the president is reportedly not happy with the negotiations that have happened since then. >>> our time is 5:16. secretary of state mike pompeo meet again with a top north korean official in new york about the details of that planned summit meeting between president trump and north korean leader kim jong-un. last night, the two men had dinner together. this is part of that diplomatic effort in advance of the planned summit on june 12 in singapore. u.s. teams have been meeting with north korean officials in singapore and also in the demilitarized zone between south korea and north korea. >>> 13-year-old boy

has imposed tariffs on imports fromminum the european union, canada, and mexico.t is certain to lead to retaliation. the eu has said it would take immediate steps to retaliate while mexico has vowed to impose duties on u.s. goods. wilbur ross says he is looking forward to more negotiations over the tariffs. joining us from washington dc to discuss it, simon lester, trade in london,yst and bloombergs caroline hyde. caroline, tell us more about the reaction in europe. depression,e of really. many speaking out. the head of the eu commission was on stage giving a speech when he learned of this particular news. he said it is a bad day for trade. he is saying this is unacceptable. there is anger from the eu or the u.k. has been speaking out saying how disappointed they are by this action. it is the eu that is taking the biggest steps in terms of retaliation. we will get tit-for-tat. they will bring in their own tariffs aimed at strategic provisions coming from the u.s. -- almostly, experts laughable. they are aimed at some of the key constituencies of the u.s. that are