adam shapiro standing by in the fox business newsroom with the headlines. reporter: concern over a trade war continued to ramp up. president trump threatened the european union with a 20% tariff on all auto imports into the united states. the administration is threatening the 20% tariff unless the e.u. scraps its tariff. this comes after europe imposed $3 billion in tariffs on u.s. goods in response to the steel and aluminum tariffs imposed by president trump. $200 billion in chinese goods exported to the united states, if china responds against the previous tar you river on steel and he aluminum. those trade concerns helped drag fall three major indices lower. the supreme court issued a big win for brick and mortar businesses. internet retailers can be required to collect sales taxes even in states where they have no physical presence. if online sellers like amazon have tax-free sales. anthony kennedy says that loophole costs the state tax revenue every year. the oil cartel decided to boost output. the deal is aimed at bringing down prices which spiked 20%

first the fox business newsroom with the headlines, from wall street to main street. >> maria, trade will be on everyone's mind as the g-7 nations meet this weekend in question back. the steel steel and aluminum tas imposed on the eu, mexico and canada. mexico announced they're imposing 3 billion on tariffs in u.s. agricultural e ports. investors able to shake off the trade ward war a war as the inds finished. the deal with zte includes a billion dollar penalties and a compliance team chosen by the u.s. the sanctions were a barrier to the u.s.-china trade deal. >>> dpoib in hot water after revealing it had data partnerships with four chinese companies since 2010. one of those companies has a close relationship with the chinese government and had be flagged a national security threat. the agreement gave the company private access to user data. facebook says it's winding down that deal. >>> and anyone looking for a job right now can find one. the labor department reported the u.s. had more job opening than unemployeds americans this spring. job opening at the end of april rose to 6.7 m

adam shapiro standing by in the fox business newsroom with the headlines.oncern over a trade war continued to ramp up. president trump threatened the european union with a 20% tariff on all auto imports into the united

first the fox business newsroom with the headlines, from wall street to main street. >> maria, tradeind as the g-7 nations meet this weekend in question back. the steel steel and aluminum tas imposed onhe eu, mexico and canada. mexico announced

first the fox business newsroom with the headlines, from wall street to main street. >> maria, tradeluminum tas imposed on the eu, mexico and canada. mexico announced

adam shapiro standing by in the fox business newsroom with the headlines.rter: concern over a trade war continued to ramp up. president trump threatened the european union with a 20% tariff on all auto imports into the united

first the fox business newsroom with the headlines, from wall street to main street. >> maria, tradethis weekend in question back. the steel steel and aluminum tas imposed on the eu, mexico and canada. mexico announced

first the fox business newsroom with the headlines, from wall street to main street. >> maria, trade will be on everyone's mind as the g-7 nations meet this weekend in question back. the steel steel and aluminum tas imposed on the eu, mexico and canada. mexico announced they're imposing 3 billion on tariffs in u.s. agricultural e ports. investors able to shake off the trade ward war a war as the inds finished. the deal with zte includes a billion dollar penalties and a compliance team chosen by the u.s. the sanctions were a barrier to the u.s.-china trade deal. >>> dpoib in hot water after revealing it had data partnerships with four chinese companies since 2010. one of those companies has a close relationship with the chinese government and had be flagged a national security threat. the agreement gave the company private access to user data. facebook says it's winding down that deal. >>> and anyone looking for a job right now can find one. the labor department reported the u.s. had more job opening than unemployeds americans this spring. job opening at the end of april rose to 6.7 m

bartenders are saying who knew they would drink this much beer, fs1 continuing coverage or go to fox business newsroome to crack open the vodka once again. >> escalating border traimg president trump huddles with lawmakers on capitol hill a mob focuses kirstjen nielsen out of a restaurant in d.c. i set down with senator rand paul and get his take on the next steps in the senate. hi.i just wanted to tell you that chevy won a j.d.power dependability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado. oh, and since the chevy equinox and traverse also won chevy is the only brand to earn the j.d. power dependability award across cars, trucks and suvs-three years in a row. phew. third time's the charm... a few problems actually. we're overproducing, overcrowding, and overheating. we've got aging roadways, aging power grids, ...aging everything. you're kinda bumming me out clive owen. no, wait... it gets worse. we also have the age-old problem of bias in the workplace. really... never heard of it. seriously? it's

fox business's susan li in the newsroom with all the details. susan?r: recognizable name in fashion passing away. latest we know, the new york liricanigner kate spade in her new york apartment in apparent suicide. she was discovered by her housekeeper, found her hanging by a red scarf, tied to a doorknob. her husband was at the scene. whereabouts of her teenage daughter still unknown. kate spade was successful fashion entrepreneur, selling branded clothing and shoes that really spans the globe. she is most remembered for handbags which she introduced back in the at time women, wanted simple, functional, professional bag to carry around the city. kate spade was one of the first designers to put her own label outside of the bags she was selling. she was accessory designer of the year in 1998 according to the cfta. should be pointed out kate sold out of her company. she sold her company in 1999, selling it to neiman marcus group. the company changed hands several times over the years. most recently being bought by the group that owns coach and stuart weit

fox business's connell mcshane live in the newsroom with very latest. reporter: hey there, david.say this story is more of a political story more than economic or market moving. we saw that play out today. first the nuts and bolts. the justice department says it will not defend provisions of affordable care act including ban on denying insurance to people with preexisting conditions. attorney general jeff sessions sending a letter to congress today and he writes, as you know the executive branch has a long-standing tradition of defending constitutional of duly-enacted statutes, if reasonable arguments can be made in their defense but not every professionally responsible argument is necessarily reasonable in this context. analysts like andrea harris, who i spoke today with at hyde capital markets say this development is important but more so for politics than markets at least for now. we saw that today, if you look at stocks that think might be affected, maybe an anthem, not really moving that much today. harris and other analysts say it is about timing this will take time to play

fox business's susan li live in the newsroom. she has the latest on tit-for-tat as it continues. reporter: that's what you can call it, cheryl. a day after announcing tariffs on canadian, mexican and eu steel, president following up with a tweet. the canada treats our farmers very poorly. high ture plus on trade with us. not just canada. the president pointing the finger at the european union. >> you take the european union, and you see the kind of tariff they charge, and then we don't, that's called not fair trade. i want fair trade. i like free trade but i want fair trade, at a minimum i want fair trade. we're going to have it for the workers and our companies. reporter: in retaliation the eu, canada, mexico announced their own set of tariffs on u.s. companies, that includes harley-davidson, said they expect significant impact to their sales after the eu said they were slapping tariffs on u.s.-made motorcycles. hormel, tyson foods, two stocks that got impacted after mexico said they were targeting u.s. packaged meats and also pork chops which are important. canada had bizarre l

fox business' susan li is live in the newsroom with the latest.r: remember that threat to levee 25% tariffs on $50 billion worth of chinese goods? according to the "wall street journal," may have hurt stocks. looks like the trump administration may be going ahead with it. the latest from the "wall street journal" is president trump has not given the final approval on levying the tariffs. these were the threats and in light of what happened in north korea and needing china's help and getting north koreao the table and possibly complying promises and the agreements to denuclearize, they need china onside. and he settlement of 1.4 billion, management change as well? the u.s. government's helped to alleviate the pressure to get zte back in business, do they go ahead with the riffs? enter the trade war as they are. and fighting friends with canada as well. secretary of state mike pompeo visiting beijing later onext week and we had visits by high-level financial officials in the trump administration but this is what the "wall street journal" is reportat

twenty-first century fox is the parent company of fox business, of course, and our own susan li is in the newsroomh the details. reporter: the pursuit continues, not over just yet, a big regulatory hurtle cleared for disney's pursuit of twenty-first century fox assets. the d.o.j. has given the green light to the deal on condition that disney does divest. they take on the 22 regional sports channels but have to sell them off once the deal has closed. we called the d.o.j. ourselves, we have sources inside the d.o.j. telling us that they recognize that comcast might still be coming in for a bid for these fox assets. and say each potential transaction presents its own unique facts and competitive analysis and they say we have begun recently to review a potential comcast transaction. this may all be preliminary, but as we all know, everyone on the market does expect comcast to come in with a counterbid. we've been reporting they will come in with $41 a share, higher than $38 a share bid that disney hat gotten the green light for the d.o.j. for. that could come in cash, stock and cash, we don't have the

newsroom shooting in annapolis, maryland. five people were killed. and we know at least three, possibly seven more more wounded in the incident. president trump tonight is thanking all of the first responders. fox business senior correspondent adam shapiro now with more reaction to the shooting. adam? >> and it's good to see you, lou. the president tweeting earlier this evening, quote, prior to departing wisconsin i was briefed on the shooting at capital gazette in annapolis, maryland. my thoughts and prayers are with the victims and their families. thank you to all of the first responders who are currently on the scene. now of course that was one of many responses from people. and of course the company which owns the newspaper, the capital gazette, that company issued a statement saying we're deadly saddened today by the attack in our capital gazette newsroom. our thoughts and prayers are with the victims and their families. we're focused on providing our employees and their families support during this time. we commend the police and the first responders on their quick response. vice president pence who is out of the country tweeted, quote, just arrived in guatemala. we're monitorin monitoring the c s

newsroom shooting in annapolis, maryland. five people were killed. and we know at least three, possibly seven more more wounded in the incident. president trump tonight is thanking all of the first responders. fox business senior correspondent adam shapiro now with more reaction to the shooting. adam? >> and it's good to see you, lou. the president tweeting earlier this evening, quote, prior to departing wisconsin i was briefed on the shooting at capital gazette in annapolis, maryland. my thoughts and prayers are with the victims and their families. thank you to all of the first responders who are currently on the scene. now of course that was one of many responses from people. and of course the company which owns the newspaper, the capital gazette, that company issued a statement saying we're deadly saddened today by the attack in our capital gazette newsroom. our thoughts and prayers are with the victims and their families. we're focused on providing our employees and their families support during this time. we commend the police and the first responders on their quick response. vice president pence who is out of the country tweeted, quote, just arrived in guatemala. we're monitorin monitoring the c s

america's newsroom, jessica tarlov and author of the book of america in the age of trump, judge andrew napolitano and charlie hurt editor for the washington times and melissa francis of the fox business network is out on long island with bill with the luckiest assignments today. >> how come we didn't get that gig? >> sandra: hey, judge, you are en our brand new home in new york city. no complaints from you. >> i'm grateful to be here with my two friends and colleagues. >> sandra: and great to have you back. all right, we're awaiting this long-awaited report. the president has been anticipating this report. he's going get a first look at it, we're told, before it's made public. can you sort of set this up for us what you're expecting to see today. >> so the i.g. is the intern it will affairs department of the justice department and acts independently and has his own fbi agent who work for him and his job is to examine the behavior to see if it conformed to federal law and doj internal regulations and to fbi internal regulations. this particular inspector general and every department of the government has one, with us appointed by president george w. bush, confirmed by the senate, reco

newsroom" on the fox news channel for this tuesday. fact that i served. i was a c130 mechanic in the corps, so i'm not happy unless my hands are dirty. between running a businessuto insurance, homeowner's insurance, life insurance policies. knowing that usaa will always have my back... that's just one less thing you have to worry about. i couldn't imagine going anywhere else. they're like a friend of the family. we are the cochran family, and we'll be usaa members for life. save by bundling usaa home and auto insurance. get a quote today. i never thought i'd say this... ...but i found bladder leak underwear... ...that's actually pretty. always discreet boutique hidden inside... ...is a super absorbent core that quickly turns liquid to gel. [snap!] so i feel protected... ...and pretty. always discreet boutique. >> sandra: what a morning, eric. >> busy. the big decision reinforces the presidential authority. we'll likely see it extended to the issue of immigration with the travel ban decision. >> sandra: we covered the legal analysis, political analysis. a lot more to come throughout the day on fox news channel. thank you for tuning in for breaking news. busy mo