u.s. steelt company. [applause] we love our steelworkers and steelworkers are going back to work in record numbers. we're here today to celebrate a great victory a victory for all of you, for this community, and for our entire country. after years of shutdowns and cutbacks, today the blast furnace here in granite city is blazing bright, workers are back on the job, and we are once again pouring new american steel into the spine of our country. cheers and applause] i want to thank secretary ross who is here today and secretary acosta. they have been fighting for your jobs and our jobs for a long time. we're also joined by the three true friends of american steelworkers, representative mike bost, rodney davis, and john shimkus. thank you very much. they fight for you. i tell you what. those three people fight for you. all the time. in fact, they fight so much that i sometimes say i don't want to take their call today. but they're with you all the way. very special people. hardworking congressmen.

not only this plant in granite city, the u.s. steel plant, which has reopened two blast furnaces, hired hundreds of workers back since the president took office. we are 7% increase in terms of steel jobs. that is 5600 steel jobs nationwide. a big celebration for hip. u.s. steel's stock in addition, obviously has been on the rise over the course of the past year. i think it was at 26 a year ago today. got as high as 46. now it is 36. steel stocks are down, music has stopped. presumably the president is seconds away. steel stocks down because of a tentative agreement with the european union that could do away with tariffs. steel industry likes the tariffs. they feel that levels the playing field. with that, i give you the president. ♪ ♪ won't forget the men who died who gave that life to me, and i gladly stand up next to you and defend her still today, but there ain't no doubt i love this land, god bless the usa ♪ [cheering] ♪ from the lakes of minnesota to the hills of tennessee, across the plains of -- >> that's a great song, isn't it?

the president of u.s. steel up here talking to his workers, this is a steel plant and he kept talking about how much he needs to see workers to put political pressure on state reps and their congressman and senators and on the president to deny the exclusions that so many other companies are trying to ask for from the steel tariffs. it's clear that he viewed the political pressure of his steel workers getting new jobs is something that they need to keep up on the administration as they're facing so much of a political backlash of those losing jobs, whether it's farmers or other manufacturers that are using the steel that is now more expensive and as we're being told, american made, neil. >> neil: thank you, leland. now let's go to deidra bolton on what happened to facebook. >> yes, what happened. the biggest loss in stock market history. their stock plunged 19%. just over 18 on the down side. so facebook missed quarterly revenue forecast. what was more concerning to investors was the outlook statement. so the so

u.s. steel is now opening up six plants, and they are expanding and other plants -- in other plants. we are very proud of that. we were being dumped on. you know what that means. they were dumping all over this

u.s. steel is opening up six plants and they are expanding in other plants. we are proud of that. on, youbeing dumped know what that means. they were jumping all over this country. and now, our steel industry is coming back to my and you need a

last year u.s. steel industry employed about 139 americans, according to the congressional research service. about 162,000 worked in the aluminum industry. that's around 300 americans who work in the steel and aluminum industry. to put this in perspective, the automotive industry employs 20 times more than that, more than 7 million. 136,000 of those, as i have said, are tennesseans. mr. president, there are only eight aluminum smelting plants operating in the united states that employ americans. they employ about 4,000. set ofen of those are actually producing -- seven of those are actually producing. alcoa, which produced about half of the aluminum produced in the united states, doesn't even want the tariffs. it makes me wonder, who does want the tariffs on aluminum? the main reason those plants, those smelting plants have closed, one of them is in my hometown, my father worked at it for 40 years, it has nothing to do with trade. it's because aluminum plants need a lot of cheap electricity to run through

steel industry in the u.s. steel mills me create some jobs and this would be good for both for some producers and consumers but on the other hand those great many industries that actually benefited in the u.s. from the cheap steel in the cheap aluminum will begin to lose their productivity and this is going to really actually affect u.s. consumers too so this is not a win win situation for anyone certainly not american consumers what happens if trump slaps tariffs on all chinese imports what happens that i mean is that the end of the world. so it's not the end of the world but the consequences will be really dire because it's not only it's going to be very bad for the u.s. and china but really important to me it's not only about these two massive economies in the well right and that is reason enough to be concerned but there are also inherent defects in this so for example the e.u. right now has started talking about doing something about having something like a limit on steel imports because almost all of the steel

u.s. steel is reopening and the plant says the president tariffs the reason the production is picking up. u.s. steel plans to add 800 jobs. the president announced a tentative agreement with european officials. it puts off further trade tariffs while the talks continue. it could lead to the e limb fwhags of trade barriers all together. he wants to increase trade for a variety of products. the two sides also agreed to resolve an ongoing dispute over new u.s. tariffs on steel and aum -- -- aluminum. . >>> a new poll shows people prefer gavin newsom over john cox including independents polled. likely voters say environmental issues are the most important to them. also drought and the water supply are top problems facing california. the frontrunner for one of cal dal's u.s. senate seats leading challengers. this poll is likely good news after the california democratic party handed its official endorsement to state senator earlier this month. . >>> we're switching sal from the super commute to the mo

u.s. to get enough raw steel to meet the customer demand. >> i would buy allmy steel f there if possible. >> they have made 30 some requests to the commerce department. >> the process is quite tedious to get through. >> wilbur ross suggested that most requests would be denied. . so far only 220 have been approved, and they expire in a year. jackie has pushed to extreme line that process. higher prices had a silver >> a few weeks ago, we were in a meeting, secretary ross was the and he announced that there was good news, and t good news was, the treasury has received almost $1 billion in tariffs, the problem was. that's american money, that's from small business in my district. >> in the meantime, tariffs on imports and higher prices for domestic steel if .ey can get >> without the imported steel coming in, that's p amary driver as to what's inflating the prices like they are. >> more u.s. steel should be available by the end of the year. time is money. >> for nightly business report. >> t te a look at some of todaysupgrades and . downgrad ups's rating was upgraded to bye. revenue groh and

canada has retaliated against the u.s. steel aluminum tariffs by slapping its own penalties on american exports. it confirmed today that it has imposed tariffs on the u.s. exports worth more than $12 billion and more than 40 u.s. steel products will face tariffs of 40%, and 80 nor products like of t toffee and maple syrup, and some others will be also taxed. canada was the largest exporter of steel last year. >>> and trade is on the minds of the voters in mexico as they are head n heading to the polls today in a historic election that could reshape the country. the frontrunner is a populist tru trump-like candidate who is vowing to bring an end to the violence and the end of the corruption in his country, and thousa thousands of other political seats are in grabs for the single biggest election in mexico's history. this campaign season has been marred with violence of more than 130 politicians killed across that country. in the last hour, i spoke to the former u.s. ambassador the mexico who talked about why lopez overdor is goin

they also cut the full-year economic outlook they cite poor performance in europe and also that u.s. steelariffs are driving prices higher. >>> td ameritrade's third quarter earnings beat forecasts as trading volumes and commissions jumped after the acquisition of scott trade >> thank you >>> we are just getting started on "worldwide exchange." it's only 5:12 in the morning. on deck, silicon valley or pamplona spain, how the herd mentality in tech could be a big risk to your money we'll show you numbers around why we're saying this. >>> and is one of america's most prominent senators calling for more antitrust action in silicon valley what elizabeth warren told cnbc teio is sure to get a lot of atntn this morning with tough food, your dentures may slip and fall. new fixodent ultra-max hold gives you the strongest hold ever to lock your dentures. so now you can eat tough food without worry. fixodent and forget it. we all want to know you know, the new, new thing. with xfinity's retail stores, you can now see the latest. want to test drive the latest devices? be our guest. want to save on mo

more than 40 u.s. steelwill face tariffs of 25%. 8 other american products to havy, coffee beans and strawberry jam will be tariffed 10%. the commission is warning that nearly $300 billion worth of u.s. goods could be affected by count measures if the trump administration goes ahead with tariffs on imported cars and imported car parts. joining me now, assistant editing manager for fortune magazine. people have been discussing for weeks how we are entering trade war territory. when a country is imposing $300 billion worth of tariffs in the not lost in the wash. are we in a trade war? >> we are. that's what they do, they escalate. there is a tit for tat. you do it to me i do it back to you. canada imposed the tariffs it first announced at the end of may when we first announced our tariffs against them, prime minister trudeau said we are going to do it against you beginning july 1st. at the same time president trump has floated the idea of a 20% tariff on imported automobiles from europe. now europe has come ou

u.s. steel is opening up and expanding in some places. very proud of that. we were being dumped on. u know what that means. they were dumping over this country. now our steel industry is coming back. in, you need a steel industry. that is not like a normal thing where you make some of your products -- we need steel. we need in case of an emergency of the wrong kind. my administration is reclaiming our proud manufacturing heritage because we are finally putting, first.america we are tearing down barriers to our exports. protecting our intellectual property. in, protecting our companies from unfair foreign trade practices, of which there are many. we are putting the trade cheaters on notice. nobody rips off the united states of america anymore. it has happened too much, for too long. we have cut record numbers of regulations. country,story of our nobody has cut more regulations they in media and i've been here less than two years. sans talking about two years, four years, 16 years, eight years, does not matter how long we are here, with that more regulations than any other president an

u.s. steel is opening up six plants and they are expanding in other plants. we are proud of that. on, youbeing dumped know what that means. they were jumping all over this country. and now, our steel industry is coming back to my and you need a steel industry. that is a normal thing where you make even some of your product which i love, but not steel, we need steel. anneed it in case of emergency of the ron kind. my administration is reclaiming our proud manufacturing heritage because we are finally putting again america first. we are tearing down barriers to our exports, protecting our intellectual property, and defending our companies from unfair foreign trade practices of which there are many. we're putting the trade cheaters on notice, no one rips off the u.s. anymore. it has happened too much for too long. to give you a level playing field, we cut record numbers of regulations. in the history of our country, no one has cut more regulations in me and i have only been here for less than two years so i am talking about two years, four years, 16 years, eight years, it we cutt matt

steel and aluminum imports. >> the ceo of jpmorgan chase saidhat trades a big risk to the u.s. economy. during an interview, jimie said he hopes the president's strategy works, but he's concerned the approach cld derail some of the economic growth we've been seeing. >>> i think there's been reta wation, i think if do it, there will be another predictable round of retaliation. it wl eventually slow down the gdp. we want him to deal with the important subjects. >> he mentioned the yun winding of the fed's stimulus as another potential risk to economic growth. >>> it's time to take a look at some oftoday's upgrades and downgrades. at&t was upgraded to buy from neutral. the analyst cites the acquisitiorn of time as well as better than expected wireless business trends. thesrice target 37, the stock rose nearly2%. the bryce target was raised by cowan from $ a share to 21. the an lift is expecting better than expected profit in 2019, and amd's server chips will gain market share from intel. the firm maintains it's outperformed rating. the r stocke to 1942. >>> colgatealmolive was downgraded i

. >> the u.s. steel is back. >> reporter: that's easy to do in front of this group, steel workers helped by his steel and aluminum tariffs but many more industries use metal than make it and they are feeling the pinch from measures other countries are slapping on the u.s. including coca-cola, which says it's raising soda prices. >> it flows through the supply chain in all sorts of different ways and ultimately thanks will have to pass through. >> reporter: it's not just manufacturers hurting despite the promise to make farmers great again, many are waiting. >> they took beans down $2 a bushel. that's a 20% pay cut. that's huge. >> reporter: he needs something to happen soon, so does nicole who says a $12 billion aid package administration announced isn't enough for her farm. >> it's a temporary fix. it's a band aid. it's not going to help us in the long run. >> reporter: that's not the only short-term solution. the president hopes to deescalate trade sessions and hold talks and hold off on new tariffs. a

they thought, you know, the decline of u.s. steel -- not just the company, but u.s. l in general -- was something that was just going to continue. they just didn't see a way that what is happening now could possibly happen again. and, in fact, it has. i mean, this is a tremendous win for the president. not only here at this plant -- and, by the way, you see, i mean, this is a crowd, i got several tweets of people that said how many people are in the crowd. there are between 5-600 people, but this was limited, invitation only, and most of them workers at in this plant, both new workers as well as folks that had come back from layoffs. and they all, very emotional about this. to think that they got this job back that they thought was gone forever. to me, the headline of the speech in addition to the emotion the president elicited was his comment about gdp. that's certainly what our audience might care some about. and he said we don't think we're going to get to the 5.2% increase this quarter that some people have predicted, barclays specifically. but we think we're goin

looking at u.s. steel, it does not look like a company skyrocketing.n you get into the weeds that a lot of people don't want to listen to much about. u.s. steel does have its own situations going on on company specifics. they have a new revalidation -- revitalization plan. when you step back and look at century aluminum, the big american aluminum producer benefiting from this, and you look at some of the other producers, they are maybe not going to skyrocket skyhigh. joe: is the opposite at looking at century aluminum down some 24. where are these companies that are the winners? in,d.: right, but to jump the steel companies were out talking publicly and they said peres are higher, $900 short ton versus $700 not too long ago, demand is still good though. even though prices are up, people are saying they need more material. they are paying that price. on that level, if you take them at face value, they are doing a little better now than they were before the tariffs. scarlet: and some of the other winners you mentioned are u.s. plants and foreign companie

todd greentree got to know james steele when he was working in the u.s. embassy in el salvador at the time. colonel steele as the no good commander was in charge of special forces teams the training teams that were out of brigade headquarters. the u.s. was trying to defeat a guerrilla insurgency and american ex-pats strange this of a door and security forces in the dark arts of counterinsurgency some of these salvadoran paramilitary units were effectively death squads. celery in a case deal was a u.s. drug enforcement agent who was involved in training these paramilitaries. he was widely acknowledged for his efforts. james steele in salvador. very military died very disciplined his decorations. medals and stuff that was given to him by the u.s. military and the salvadoran military were surrounding his office so i was very impressed with colonel steel. dr george because i got to know and like james when he visited salvador to write a ph d. thesis on u.s. military strategy in central america. he was totally committed to defeating the guerrilla insurgency in

the ceo, markisher said the u.s. steel costs in particular have reached unexplainableve , that's a quote. whirlpool had originally been a big supporter of stricter trade controls for its own industry to combatompetition from rivals like lg andamsung and n they're feeling the effects of higher input costs due to some of the teariffs. kimberly-cla too cited weaker foreign currencies, stronger dollar and significant inflation like raw materials like pulp is a key component in many of itst ue products. harley davidson, this is another on they posted six straight fees and they, too, warned about thea potential im of new european union auto tariffs on their profitrg s, and finally, avery dennison, they make labeling products and stationary kinds of things and they started rolling out price increaons with respse to rising commodity costs andaterials like paper and residents used for adhesive. the direct impact so far is modest,ut it doe paint a broader picture of macro uncertainty. for "nightly business report," i'm bob pisani at

u.s. in the early '90s the numbers showed more people lost their jobs than gained in the steel industry by the extra tariffs so don't be fooled by this. let's take general motors. general motors is being tariffed on its cars sent from europe to the u.s. it's being tariffed on the steel it brings into the u.s., it's being tariffed on the cars it makes in the u.s. and sends to china. general motors is a perfect example of a company that is literally being clobbered every which way and backwards fiscal cliff show me a winner that scenario, i'll take the hat off if i was wearing one. >> chris sliscillizza, what's t political calculation? are they betting that farmers in iowa and general motors will somehow be -- forgive them come the midterms or 2020? >> they're betting that. the tone of toughness will matter more than the hit that folks in iowa will take. donald trump promised he will make america great again by making better trade deals, by renegotiating, by making sure other countries did not take advantage of the united states in the ways he believed they had in the past. this is something

todd greentree got to know james steele when he was working in the u.s. embassy in el salvador at the time. colonel steele as the no good commander was in charge of the special forces teams the training teams that were out of brigade headquarters. the u.s. was trying to defeat a guerrilla insurgency and american ex-pats strange this of a drawer in security forces in the dark arts of counterinsurgency some of these were drawn paramilitary units where effectively death squads. celery in a case deal was a u.s. drug enforcement agent who was involved in training these paramilitaries. he was widely acknowledged for his efforts. james steele in salvador. very military guy very disciplined his decorations. medals and that was given to him by the u.s. military and the salvadoran military were surrounding his office so i was very impressed with colonel steel. dr george because i got to know and like james when he visited salvador to write a ph d. thesis on u.s. military strategy in central america. he was totally committed to defeating the guerrilla insurgency in e

steel is the automobile industry. that is an important manufacturing sector in the u.s. they are going to get squeezed like harley davidson. higher steel prices and retaliation from other countries. you also mentioned canada and mexico. they are the number one and number two markets for u.s. goods. is the top --nion if you look at the european countries, they are the top one. england is seven. china is number four customer for u.s. goods and services. what business model do you make yourself prosperous by picking a fight with her for best customers? >> let's hear from mike on the independent line. >> good morning. good morning, america. how are you doing? >> great, thank you. and am from a border state from alaska. daniel, you got your numbers wrong. 40% increase is ridiculous. we are spending money now importing. if we make it here, we get a high quality product everyone wants. the world wants our products. china's products are inferior. they keep all the good stuff home and they get all of our good stuff that they die. it is not -- that they buy. it is not equal. immigr

car manufacturers might be standing up for u.s. steel producers alamy and producers alternately if you're not in those sectors yourself and united states you're probably going to lose out so even though it could be it could benefit only a small percentage of workers in the states it's most likely one of the overall negative impact bullsh president wants to be seen to be standing up for america and taking a tough line with others hopefully it will come to a full on trade war because hopefully all the parties such as the and china will have jet effect at first yeah be interesting if younger has made europe great heart on for that meeting we will wait and see c.m.c. markets analyst david martin thank you very much now a u.k. casting agency had offered money to extras to take part in the fake antique guitar protests the made the meeting between the guitar amir and the british prime minister on tuesday we get into the quite unusual story after this. pleasures fund is guaranteed returns that those being abused by the crooks are guaranteed to s

the trump administration again and what it considers unjust retaliatory tariffs in response to u.s. steelnum duties. canada, challenges to the eu, china, mexico, and turkey. -- thinks the pressure will force united states to do deals before november's midterm elections. >> we will start with soybeans, dramatically hit i the counter threat of the chinese to put restrictions on imports. brazil is gaining in that market share. there are a lot of farmers who vote for the president and i suspect there will be movement for that reason, alone, given that part of the commodity world. we see the same thing on the metals complex. we had to and copper sliding on the same back as soybeans. >> what is the rebound potential on a crop like soybeans? >> a good 10%, though we see soybeans falling. more price goes down, the more upside there is. we will be back to before the slide. >> with the exception of oil and gold, typically commodities trade with her own supply and demand fundamentals. when do you expect that to kick in? fundamentalsand remain strong across most commodities. there are some doubts abo

that new capacity on line of us the prices will come down so it will start out with a tear of but u.s. steel as more plants and no other company had more plants the price will naturally come down americans will have workers and then they will have their own industrial base again all right well that sounds like a big positive for the u.s. so how is this being portrayed in the media in china how are they talking about this over there well the number one issue here no max is the people throwing themselves off buildings because they lost money in the world thanks a lot and germany over number two is the mali trade war. and people are a little bit nervous twenty three percent of the exports out of china when united states however if you look at a plant by plant. company lot of companies have one hundred percent of their exports go to the united states and that's all they do these guys could be in severe trouble you know they could be out of business the day after next you could have a lot of economic dislocation you could have a lot you know china now is the time to confront china because you hav

minister yet well yes well first of all i want to show you this piece may has wrecked wreck city u.s. steel his office what donald trump has said and the really multi-page interview with the newspaper the tabloid newspaper the sun so we have now is statement from to reserve me and she says she's very happy to sit down with donald trump and explain to rick sid white paper hinting at the complexities of negotiations with the e.u. a dollar trump in these interviews makes everything seem very easy and of course she's very critical of to reason may like you said. that she's going to stay too close to the european union but of course the reason may has been involved in these negotiations now for years and is eluding that she might like to share the complexities of these negotiations with him and burkett you know he also went further he didn't just weigh in on teresa mayes briggs's strategy he also had a tip for who her successor might be let's take a look at the interview the u.s. president praised the former foreign secretary boris johnson saying quote i think he would be a great the prime minis

tariffs responding with $12 billion worth of tariffs on u.s. steel cross hairs. the u.s. readying $34 billion worth of tariffs on chinese imports as punishment for alleged theft of intellectual property china expected to strike back with similar force targeting 545 u.s. products, a number of agricultural goods like soybeans which experts say will pressure american farmers after the $34 billion goes into effect, the u.s. is considering targeting an additional 284 chinese imports. that's worth $16 billion so this trade fight, guys, it looks like it's only just getting started. michelle >> yeah, why we're talking about it so much thank you, seema joining us now with how the tariffs are effecting his industry is casey, a seventh generation dairy and beef farmer good to have you here. >> thanks for having me. >> which of your products are going to face tariff, if any, and how high would they be >> well, so we're in the beef business in my family. and mexico is one of our top sources for our products to be marketed, and we can't afford to lose that market

todd greentree got to know james steele when he was working in the u.s. embassy in el salvador at the time. colonel steele as the no good commander was in charge of the special forces teams the training teams that were out of brigade headquarters. the u.s. was trying to defeat a guerrilla insurgency and american ex-pats strange this of a door and security forces in the dark arts of counterinsurgency some of these salvadoran paramilitary units were effectively death squads. cell arena casteel was a u.s. drug enforcement agent who was involved in training these paramilitaries. he was widely acknowledged for his efforts. james steele in salvador. very military died very disciplined his decorations. medals and stuff that was given to him by the u.s. military and the salvadoran military were surrounding his office so i was very impressed with colonel steele. dr george because i got to know and like james when he visited salvador to write a ph d. thesis on u.s. military strategy in central america. he was totally committed to defeating the guerrilla insurgency i

8 1/2% of the revenues will go down as a result of the tin plated steel which are used for their cans. not enough is produced in the u.s. then there are other companies that make tires in tennessee. they use steel wire in every tire. none of it is produced in the u.s. the price goes up. i have worked for 40 years to bring the auto industry to tennessee. to raise family income and raise our standard of living. tariffs will lower our standard of living. they will hurt our state more than any other state. i have said to the president as respectfully and effectively as i can, mr. president, we agree on taxes. we agree on regulation. we agree on judges. we are proud of having the best economy in 18 years. but these tariffs are a big mistake. they will take us in the wrong direction. i have not been successful in talking with the president about this but i intend to keep trying. there are other and better ways to persuade our trading partners. to do for us what we do for them. instead of shooting ourselves in both feet at once which is what we do when we impose these tariffs. thank you mr. president. i yield the floor. >> th

i was in granite city, illinois when he gave that speech to the steel plant, u.s. steel. watched the tears on the faces of grown men who told us they hadn't had a job in two years because barack obama told them those times of jobs were gone and would never come back. 1% gdp growth was the new normal the experts said. this president proved people wrong yet again. americans are back to work. it's an incredible time and it's due to this president's economic policy. judge jeanine: people who want the work, people who pay their taxes and follow all the rules, they are the ones who deserve the effort of this government. and speak of that, i want to talk about the ash lition of i.c.e. it seems the democrats pulled back on it because they were doing polls and most of of the american people are not in support of the abolition of i.c.e. we have ocasio-cortez who beat joe crowley in new york for the primary, now kirsten gillibrand, they are saying we have to abolish i.c.e. they are serious. >> it, incredible. anyone who wants to abolish i.c.e. either have no clue what i.c.e. does or

starting to set new records and nobody believed it could happen this quickly. [ crowd chanting "usa" ] u.s. steelust announced that they're building six new steel mills. and that number is soon going to be lifted but i'm not allowed to say that, so i won't. and i'm very proud to report that new corp is going to build a brand-new $240 million still mill here in florida. the head of nucorp is here. that's a big one. democrats want to raise your taxes, they want to destroy our jobs, they want to crush our industries with crippling regulations. and you know the stock market is up almost 40% since that great november day. your 401(k)s are doing very well. 401(k)s. i tell the story i was in new york and i shake hands -- i love law enforcement. don't we love law enforcement? and i was shaking hands with policemen in new york city and the first one came up to me and said, mr. president, i want to thank you so much. i said, what did i do? said my 401(k) is up 44% and my wife thinks i'm, for the first time, a financial genius. she's giving him all of the credit. she said, darling i love you so much and he

u.s. steel give credit to the president's plan to impose tariffs on imported steel aluminum. and everyone in the state is happy. caterpillar and boeing have already felt the negative effect of this tariffs. a warning from vice president mike pence to turkey, pence says the u.s. will impose sanctions on his nato ally in turkey doesn't release detained american pastor accused of terrorism and espionage. he was moved from jail the house arrest yesterday because of health problems. capital equipment orders in the u.s. rose in june for a third month in a row. , or is up arcraft better-than-expected .6% and that is viewed as a promising sign at a time many corporations are concerned about tariffs. a radical option for breaking the brexit deadlock is still in play. british officials are considering whether to let the european union imposed its market conditions on northern ireland. while the rest of the u.k. breaks away after brexit. the problem is the plan will only enrage the northern irish already that is propping up prime minister theresa may's fragile government. global news, 24

mark bitzer on the call did say steel prices in the u.s.re 50% higher than the rest of the world. >> was their ability to push price in their washing machines and across the other pipeline. >> did he express any regret about being supportive of tear ofs in the first place on washing machines >> you can definitely see that there is -- he expressed some uncertainty around what kind of an impact tariffs will have going into the second half it's definitely having an impact on margin, and, again, it's still too soon to see what's going to happen, but definitely positive and negatives for them. >> there could be a double whammy here. housing sales and mortgage apps, the numbers have been trending downward >> right >> over the past three months. is that a worry for them is it a worry for you? >> yes existing home sales have been trending downwards for me since the beginning of the year i saw it something as expected at 5.5 million existing home sales last year we're looking at probably a good 500,000 homes above what traditionally in the u.s. econ

and wrote this, arrived back in washington last night from a very emotional reopening of a major u.s. steel plant in granite city, illinois only to be greeted with the ridiculous news that robert mueller and gang 13 angry democrats obviously kept find collusion. only collusion with russia was with the democrats now they're looking at my tweets along with 53 million other people. the rigged witch hunt continue. fake news doesn't waste my time with dumb questions. i did not know of the meeting with my son don jr. someone trying to make up stories in order to get himself how of a unrelated jam. taxi cab maybe. he retained bill and crooked hillary clinton lawyer. this morning on the south lawn, the president was -- there were many questions from reporters directed at the president about michael cohen. he did not engage this morning. >> peter, what are we learn about the next trump-putin sit down? >> reporter: it might be in russia. white house press secretary sarah sanders said this today. president trump looking forward to have a summit with president putin in russia. the president has delayed

u.s. goods starting sunday. $12.6 billion in retaliation to the new taxes imposed on canadian aluminum and steel imported to the u.s. president trump enraging the closest allies to the u.s. after declaring certain import disparities a threat to national security. the president standing by his decision airing sunday. >> you look at what happened to steel and aluminum, we practically built a new industry in a period of four or five months but the big thing i'm focused on is trade deals. >> under the new tariffs canada is slapping u.s. iron and steel with a 25% tariff equal to the same tax added to the canadian steel in may. the increased fees have some boar riing the extra costs could be passed on to consumers. >> it's harmful to my home state so far this trade war if it is that, and it seems to be heading that way, has been of a modest scale, hasn't done great damage yet but it has the potential to do that. >> the canadian prime minister saying to make decisions carefully when considering american products. >>> facebook says it has infor dozens of company. the information was contained in 700 pages documents tha