trish: look at pain again. market tanking amid the news of new tariffs on steel and aluminum imports. the nyse next for more reaction. trish: air raw huckabee sanders in daily briefing talking about tariffs. >> he is making that announcement. >> he is concerned about the results or effects his announcement had so far? >> the president is concerned about men and women in this country who have been forgotten about. the industries, who country was founded upon. this is not a surprise. the president has been talking about for decade. certainlying something he talked about regularly on the campaign trail. something he is delivering on, making that clear today. and those details and that actual announcement and signing will take place sometime next week. margaret? reporter: president talks about stock market reaction through his presidency. is he surprised market is down after making this announcement after an explanation on tariffs, and do you have any detail he announced it today? seemed like sudden you were called in for that. something not necessarily on our public schedule. >> this is s

trish steele is the founder and c-e-o of safe passage, an organization that helps victims of abuse andviolence.trish steele:"3 out of every 10 women have been beaten or abused .. and when you see things like that, it's going to penetrate ideas in the abuser's mind to do something."she says she's disappointed in snapchat and the person who created the ad. trish steele:"the person that had the nerve to put something up like that ... obviously hurting from some kind of pain because it's almost like a resentment, and they want to keep the pain going."rihanna responded with a statement on snapchat that reads in part: graphic:"you spent money to animate something that would intentionally bring shame to domestic violence victims and made a joke of it."it went on to say ...graphic:"all the women, children and men that have been victims of domestic violence in the past and especially the ones who haven't made it out yet, you let us down! shame on you!" snapchat has removed the ad, and put out this apology. graphic:"this advertisement is disgusting and never should on our service. we are so sorr

trish: we can't compete with steel and lump yum with the technological advance. >> come on. 'll not produce jobs. trish: getting 50 rap cues from cara, saying please stop, please stop. we have to pay some bills. chris, charlie, thank you. we'll head down to the nyse next sometimes, they just drop in. obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ sure. momwhat's up, son?alk? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's

trish: steel industries are entirely supported by governments because seen as vital to national security. >> that's right. trish: the thing i leave with you, here, dan i think it is important we start to challenge this sort of accepted, so-called, fact that trade, trade, trade, is good. trade is good however the trade has to be fair. if you look what happened over the last 30 years, i tell you what, dan. it is not fair. you have to look at american wages and how stagnant they have been to see that and how much american jobs suffered specifically in the manufacturing sector. >> that's right. we're suffering not from fair trade. we're suffering from sucker trade. it is american worker victim of sucker trade. trish: those with capital, right, they benefit. they only the companies. they're the ones investing. they benefit, but the worker has gotten short-changed. >> that is why donald trump was elected president because he is listening to those workers. trish: last word to you, dan, i'm fair. >> the u.s. has a lot of leverage. we are the largest economy in the world so we can take the tact t

probably amused that we would hit canada because china, the 11th largest steel importer is dumping steel. trishif we don't that is great. one rule of thumb by steel if they're sending by boat they're dumping on us. steel is very inefficient to move by boat. i would agree china is doing something here. that should be addressed surgically. the one important point keith was making the economy is moving on. we need to think not these old, coke and steel industries of the past but what is the economy in the next 10, 20 years and how do we prepare our workforce to be -- trish: sure. challenges, used to graduate from high school get a great job in manufacturing, take care of your family, take a vacation every year, two cars and picket fence, that doesn't exist anymore but i want it to. i really do. i just, i don't think anybody will, you shouldn't have to get a phd in engineering right to take care of your family. so we need this think strategically. i agree with both of you what we do about the problem. jack, keith, good to see you guys. today is international women's day. i will be joined by fbn's t

trish: walk me threw it. china is sending steel to us, right, and aluminum to us? they have industries that are subsidized, correct, by their government? >> absolutely. trish: they basically produce the stuff en masse, and send it over here for less of a cost that it would cost you guys to produce the same stuff? >> yes, absolutely. and please remember that, when we talk about subsidies and things that are taking place in china, they are in violation of wto rules and regulations. they are in violation of our trade laws, and that is something we're not hearing about when keep all of this discussion about tariffs. let's remember that we're reacting to countries that have violated our trade laws for many years, putting us at a disadvantage, putting at risk an industry that is in fact critical to our national defense. trish: john, so when your materials are exported to them do they actually charge more because it is coming from the u.s.? is there a tax or tariff that they put on your materials? is is there no point in exporting to them because they're making so much the

really the last stand for american steel which is essential to our national security. trisht because it is steel and aluminum and these are important for national security or would you like to actually see more tariffs across different industries? after all, it is not just steel and aluminum hurting from foreign competition? >> sure, you look at the trade deficit, you rightly point out the numbers, it is $800 billion in goods last year. that is enormous drain of wealth from our society. we have seen what they call industrial overcapacity. the world makes way more than something they need, mostly china, not only steel and aluminum, but sectors like semiconductors, auto parts and china is moving up the value chain. but here's the crux of the argument to me, trish. in art laffer's textbook there is nothing wrong with abrams tank made out of chinese steel rolling down pennsylvania avenue in donald trump's military parade but there is something wrong with that from economic and national security point of view. that is why the president is stepping in right now. trish: i guess, lo

this has never been about chinese steel t was about applying pressure to canada and mexico in nafta. they by the way together account for a quarter. trish: maybe the chinese steel thing is a fringe benefit? >> it might be. here's the thing, that is why the beijing response is virtually nil because it doesn't affect them. mr. trump granted various exemptions for the canadians and the mexicans. trish: temporary exemptions. >> temporary, because they are negotiating nafta. trish: don't they want the leverage? >> that is beautiful thing, trish. i love what mr. trump is doing, he is creating leverage for us. that is good. trish: jon? >> that is what he is trying to do and he is is trying to create leverage and trying to force other countries to reduce their trade barriers and their tariffs on us. what i'm saying is, how is it going to actually play out? are they going to respond to his tariffs by doing what he says, saying all right, we'll reduce ours or will they retaliate. trish: i don't think they will retaliate. i think everybody is freaking out about nothing. >> nothing. trish: sort of how the mainstream media was acting on "meet the pr

. >> as we said trish, only 1 1/2% of chinese steel find its way to u.s. shores. this is about creating leverage. i fully support what he is doing. i'm infused. i love it. trish: is the market overreacting? the market recovering a little bit but still down. >> we're adjusting. >> we have a market off 150. take a look, some industrials are down. they have to come to terms what tariffs mean go ahead, gary. >> on the market, don't plink right now. remember the other part of the equation. we had a monstrous run that for 15 months ended in january. we had seven years of gains in 15 months. there is normal to consolidate those gains month in, month out. we have a few more months to go we back and fill f things are good going forward and interest rates remain low and we'll bust out again. you can't go straight up forever. you don't have to worry about the markets going back and forth a few%. it is the normal course of business right now. >> i want to add our own charlie gasparino is reporting that the president is telling people that larry kudlow softened a little bit on

trish: president trump following through on the promise to issue tariffs on steel and aluminum.sking the ceo of ak steel, roger newport on what the tariffs will mean for his company. stay with us. that's next. you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. to to me he's, well, dad.son pro golfer. so when his joint pain from psoriatic arthritis got really bad, it scared me. and what could that pain mean? joint pain could mean joint damage. enbrel helps relieve joint pain, and helps stop further damage enbrel may lower your ability to fight infections. serious sometimes fatal events including infections, tuberculosis, lymphoma other cancers, nervous system and blood disorders and allergic reactions have occurred. tell your doctor if you've been someplace where fungal infections are common. or if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure or if you have persistent fever, bruising, bleeding or paleness. don't start enbrel if you have an infectio

that uncertainty breeds anxiety. >> trish: he telegraphed it. 25% for steel, 10% for aluminum. it's going to happen possibly next week. so in terms of uncertainty, you're saying maybe it can spiral into something else and before you know it, europe will say we're going to tax all the bourbon now. you know, maybe the europeans can drink a little less. but we are the number 1 economy in the world. we have a lot of leverage here. maybe this is an opportunity to use it, senator. >> well, look, you're correct. i think the challenge and where we have people in montana that are worried about this is that if another country says, you know what? they put a tariff on our steel so we're going to put a tariff on the wheat we import from montana. they'll go to argentina or australia or somewhere else and we'll lose the markets. >> trish: like a race to the bottom. it's hurting americans in the process. are you upset about gary cohn leaving? are you upset about that? >> gary cohn is one of my contacts at the white house. we're working on a banking bill to figure out ways to get it across the

. >> trish: president trump signing tariffs for steel and aluminum. secretary ross, congratulations. >> thank you, trish. >> trish: i know you wanted this. what kind of difference do you think it's going to make for american workers? >> it's going to make a huge difference, this is the start of a process. the process is aimed at levelling the playing field globally. steel and aluminum have been particularly plagued by subsidized excess capacity which lead to dumping, which led to displacement of domestic markets, led to all sorts of bad things. the president has decided to take bold action to deal with it. it's just the start of unleashing american industry from the unfair trade practices that have hounded us for years. >> trish: mr. secretary, you know many, many people are worried about what they call a trade war. what do you say in response? >> i think the president proved by the statements that he made regarding canada and mexico we're not looking for a trade war. those are two important trading partners. he's willing to negotiate with them to solv

more for the steel and the aluminum but if donald trump is successful to bring down the tariffs to have free and open trade, america's wisconsin companies are going to be better trsh an. trishay, your dairy there as well. >> using steel to make a play in dairy is credit call for us. it's odd. i know we got to go but the president saying we're going to have reciprocity with tariffs and taxes on goods. he can change that. he will transform our economy well beyond taxes and regulation will be huge for the american worker. trish: it would be. >> it's whiskey too. trish: he's not scared of risks. that's for sure. congressman, thank you so much. be sure to vote in tonight's poll. do you believe lawmakers who oppose president trump's pro-american worker tariff plan will find themselves looking for new jobs after midterms? cast your vote on twitter a twiu dobbs. >>> up next, president trump agreeing to meet with kim jong-un of north korea. we're taking it up with our we're taking it up with our panel right after this. but i'm not standing still... and with godaddy, i've made my ideas real. ♪ i made my own way, now it's time to make yours. ♪ everything is working, just like it shoul

steel industry. here to explain the ceo of commercial metals miss barbara smith. barbara, good to see you. thanks for coming on. >> thank you. trishso it will happen in just about an hour. what will it mean for your industry? how will it change? >> well you know, it is really going to level the playing field. we're all for free trade but at the end of the day it needs to be fair trade. this will stem the flow of

steel price. tough balance it out. trish: so good to talk to you. robert, great to see you. clyde, welcome to the show. so good to have your perspective. >> great to be on with clyde. trish: thank you for trade negotiations you've done. thank you both. >>> wall street has been all about last year ever since my dear friend mindy grossman took over in july. the stock has doubled. it is up more than 300% year-to-date. what an incredible run. a big part of that is a switch in promotion. instead of being all about counting points and dropping pounds, the company focused very much on wellness offering a freestyle program. having oprah as your spoke pen doesn't hurt. either. weight watchers is looking on meal kits. grossman is looking to revolutionize this 54-year-old company she has spent a lot of her career mentoring a lot of young women including myself. mindy, joins us on women's history month here. i met you a while back. i used to interview you occasionally but i got to know you and neil, your wonderful husband and your daughter lizzie probably about five years ago. >> it has

important to point out that while a lot of this is aimed at china, trish, china makes up a small percentage of our steel imports. our number 1 steel import comes from canada. they're just north of us. so you know, they've have this trade deal that we have with them. >> maybe a negotiation tactic. >> president playing hardball here. >> thanks, john. paul ryan doesn't like this so much. he's saying through a spokesperson today "we are extremely worried about the consequences of a trade war and urging the white house to not advance with this plan. the new tax reform law has boosted the economy and we don't want to jeopardize those gains". could a train war jeopardize the gop's gains in the mid-terms? rather than asking whether or not it could jeopardize chances, i wonder if we need to say, could it improve their chances? don't forget, a lot of these states that are up for grabs have working people that may be have lost their job in manufacturing sectors. feel a little left out in the cold and want a politician, some politician, to defend them. rather than being detrimental to the party, something that coul

trish: i don't know. i kind of like it. it is rather refreshing. >> there was news out of china over the weekend, one thing that i saw, china apparently is about to cut steelity and coal capacity. if that's true, that is a big win for the president. trish: it is indeed. i think north korea might be tied to this as well. china might have said to north korea, hey, toe the party line, pretend at least you're willing to -- >> they have as much to lose as we do in i kind of trade dispute. trish: we never recognized that we had any power, nicole? >> you know what? now, at least we're back on the table. everybody is talking once again. we know that the terms deals overall, even paul ryan acknowledged not in favor of the tariffs the way they have been proposed blatantly to david nelson's point, we know negotiations are going to be underway, people are back to the table talking once again. that ultimately is a good thing. trish: i have to tell you, i've been very troubled by this economy we've been in really for the last decade where the middle class -- >> flat-lined. we've been at a stall for at least 10 years. >> i look, for example, the trade imbalances we have.

. >> well -- trish: i'm not worried about a little increase in steel and aluminum. you know what, dennis, if we can recontribute these agreements around the world, guess what, we'll sell more products around the world and that will be actual free trade. >> we'll see what happens. nafta is 20 something years old. it can be renegotiated. trish: it has got to be. this is what he ran on. >> but let's be, be concerned that he talked about tossing it overboard. probably that was just negotiation point. it can be renegotiated. let's see what comes out of the the renegotiation process. trish: dennis gartman, that very much. >> good to see you, trish. trish: it's a tight race in trump country as voters head to the ballot right now in pennsylvania. is this a preview of midterm elections? we have intel.. for you. i will see you here. how did edward jones come to manage a trillion dollars in assets under care? jay. sarah. so i have a few thoughts on that early retirement... by focusing our mind on whatever's on yours. about type 2 diabetes.with some surprising facts so you have

steel being produced on a subsidized basis. it's not fair competition. we need a level playing field, and this is a good start toward getting it. we need reciprocity in trade. >> trish: where do we go from here? i suppose he can use this as a negotiating tactic with every country that we're doing business with, correct? >> sure. if every country would rally around, stop the trans shipment, stop overproduction, stop all of these unfair and inappropriate tactics, that would be a great solution. the u.s. is going to start to reassert its leadership and solving trade problems in the world. >> but not just trade problems, right? if you think about it, mr. secretary, there's an opportunity to address some of the international issues that we're now facing. you think about china. the video of them still trading with the north koreans even though they signed on to sanctions. this is an opportunity for the president to say, listen, we're serious about this. and we have some mighty economic power. so if you're not with the program, then we have the ability to inflict some pain in an economic way. >> anybody that doubts the president's sense of conviction in his willingness to

trish: president trump announced new tariffs on steel and aluminum that could very big impact on trader the lows of the session. pretty much near a freefall. we'll see how it goes. buckle up. president trump is tired of seeing other countries take advantage of our workers, take advantage of our industries and as a result it is time for us to get smart on trade. what is that going to mean? it is going to mean trade deals both fair and free. the president will sign new tariffs into law next week. markets are reacting. we have full coverage t

trish: thank you, connell. 90 minutes from this second, president will sign his steel and aluminum tariffll also learn whether or not some countries will be exempt from the tariff. and investors taking the news i would say in stride. we're down 39 points with the s&p and nasdaq composite index inching higher. i'm trish regan. welcome to the intelligence report. there is a lot of push back on the tariffs a lot of it but i've been saying over and over again on the show, the president may actually be using this as a way of really getting at china, the bigger issue of china. don't forget they're out there stealing our intellectual property to the tune

trish: are president trump's promised tariffs on china a negotiating tactic? i wrote about this in my op-ed in the "wall street journal." so sweet, david. the art of the steelfs. here so react, steve forbes, forbes media chairman. basically the argument was, president trump doesn't love tariffs. you slap them on to get somebody's attention and it is about negotiating all around the world for, against trade deals that he hasn't been in favor of, that haven't had great terms. china is a place where we lost a ton of intellectual property where there isn't level trading. first do you agree that it's a tactic and do you think it will work? >> i think he believes in tariffs. trish: you do? >> yes. you also pointed out in that article willing to back off if he thinks he is getting something in return. one doesn't contribute the other and the key thing is are we telling the chinese, giving them, one, two, three, here are the areas where you have abuses. here is where we want corrections. trish: yeah. >> if we don't, we'll take some actions. this has to be coupled with more military presence in that region saying you will not turn the south china sea into internatio

steel and aluminum tariffs were very small, three billion dollars to match $3 billion. they haven't replied to this yet. they have offered to negotiate, conciliatory things almost apology, trish, we're willing to open up our market, we're willing to open up more sectors to foreign investment. as you say it has really been exaggerated. president trump is a master negotiator here. he is preserving ties for china which he need with north korea and getting their attention to start the negotiations. overall i think pretty optimistic outcome last three or four days. it could have upon differently. trish: one of the things that frustrated me about china over last couple years since i've been following all of this, china really does take advantage of us and u.s. companies. i know what? the ceos don't care, they don't care, they want access to the chinese market because it will be great for their quarterly results. frankly president obama didn't care so much either. there has been a concentration by so many in washington on the next election, much like ceos are focused on the next quarter's results that they don't, they don't appreciate the context of what is going on here. they don't

> the steel tariffs have not been formally announced and the president is seemingly willing to make deals here. the markets like that. rebounded big time from last week's steep sell-off. i'm trish in for neil cavuto. this is "your world." the market is up 343 points. let's go t

trish regan, welcome to "the intelligence report." u.s. trading partners around the world are threatening retaliation with new tariffs slap 25% on steel importssident says, when a country is losing many billions of dollars on trade with virtually every country it does business with, trade w