welcome back, everybody. india has imposed higher retaliatory tariffs on 28 u.s. products in retaliation for washington s withdrawal of key trade privileges for the country. the discussion which took effect yesterday includes tariffs on u.s. export items like apples, walnuts of which the country is a top purchasers. trump scrapped a trade provision that provided duty free exports that provided $5.6 billion on steel and aluminum products. fus officials in india called the move unfortunate. the latest trade row comes as india promised to levy higher tariffs on the u.s. ahead of the meeting with frutrump at the g2 summit. last year alone, trade with india was worth $142 million.
tariffs on the u.s. ahead of the meeting with president trump at the g 20 meeting later this month. last year alone, trade with india was worth $142 million. the federal reserve is facing new demands from president trump to cut interest rates but not likely to fall under pressure at a policy meeting later this week. fed chairman is expected to lay the groundwork for a cut. what can you tell us? that s right. it is a huge week for financial markets. i should tell you markets are already pricing in two rate cuts by the feds by the end of 2019. only about 20% probability of a cut for this coming meeting on june. that is because as you were talking about, we have the upcoming g 20 summit. it would premature to cut ahead
1.6 million in puerto rico. 4.5 million liters of water in texas, 2.8 million in puerto rico. 20,000 tarps in texas and a quarter of that for hurricane irma victims. within nine days, the federal government had 30,000 personnel in texas, but just 10,000 in puerto rico. and fema approved individual assistance reached nearly $142 million in the first week and a half. only $6.2 million approved for puerto rico. in a statement to politico, brock long said we provided puerto rico the same if not more support as we have for all presidentially declared disasters across the nation but an optimal response cannot rely on fema s efforts alone. let s get a check on your weather now with bill karins. you are tracking some storms in the south particularly in texas. yeah, san antonio, 2 inches of rain in the last three hours. flash flood warnings have been issued and new thunderstorms are
we re not going to get to those people, so we have got to hurt him. listen, putin has serious problems. you know, he s a one-commodity currency and economy. he depends on oil & gas to get all of his revenues. he s got the highest hiv rate of any industrialized state. he s got number two in the world in respiratory problems. he s got serious demographic problems. males in his country die nine years earlier than they do in the united states. he s only got 142 million people in the largest country land mass in the world. he s got issues. we have to go after him and that will slow down his military buildup, which is getting considerably more dangerous. if we hurt him economically, that should be our goal and we should go after oil & gas. a lot of the european nations depend particularly on natural gas. we should be replacing that with u.s. natural gas which we now have the capability to do, the
neither the pentagon nor the kremlin wanted to make a big deal. they ve been pretty muted in the response. but the president is itching to make something of it more publicly. look, we get it. we got a problem with russia, iran, and syria. and we re going to work on a multinational strategy to do it. we haven t seen it yet and i hope they put something together. we ve got to push back on it. this is a tweet that came in. after the speech today from putin, this is what he said. for the foreseeable future, it looks that the us russia agenda will be limited to one item, war prevention. good luck to us all. is it that dire? no. the fact of the matter is that russia has huge problems. first of all, they ve got a population of 142 million people in the largest land mass country on the planet. they have a declining birthrate.