You can catch up with us on social media. On twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good monday morning to you. We can start calling in as show you President Trump yesterday as he was leaving new jersey on his way back to the white house, he spoke about the impacts of tariffs and the status of the u. S. China trade war. [video clip] nothingfs have caused or in my opinion, very little. We have important prices all the way through july and they are down 1. 8 so the import prices have gone down. China is eating the tariffs because of monetary manipulation and they are pouring a lot of money into their country because they dont want to lose jobs. They are losing they lost over 2 million jobs in a short period of time and they want to make a deal. We will see what happens, but they definitely want to make a deal. Host that was the president on the tarmac headed back to washington, d. C. We will take a look at his twitter page today and let you know what he has
U. S. Dollar versus the Canadian Dollar. Again, all of the things that have been happening with that potential trade war. Tariffs being slapped on canadian lumber. We will talk more about that in a moment. Take a look at what happened in the asian markets. The nikkei ended up by 1 . The hang seng market was up, too, up by a third of a percent. There are green arrows for most of the major markets. The cac in france is indicated up 0. 25 . The dak x is is slightly lower. If you look at crude oil prices, wti is trading below 50 a barrel. Its up 13 cents, but wti for the june contract at 49. 36. Among the other top stories, tensions with north korea on the rise. Today the country reportedly conducting a big livefire exercise. All to mark the foundation of its military. Top Trump Officials will hold a military briefing tomorrow at the white house, which will include the entire United States senate. The Trump Administration plans to impose a new tariff on canada. Wilbur ross announcing the p
If you look at what is going on with stocks, we are not being much of a positive reaction, but we will keep an eye on it and see if we see any kind of delayed reaction. Not to mention the fact that the oecd is also cutting its growth forecast for the u. S. To 1. 8 from 2 . Lets take a look at the groups on the move. Energy in the bottom spot, followed by materials, initials. We have a cyclically led decline in stocks at some of the defensive groups like Consumer Staples and utilities are doing better, but a relatively broadbased decline with the exception of those two group. I want to pinpoint what is going on with the auto sector. In general, sales we are seeing worse than estimated numbers, particularly at General Motors where numbers plunged 18 . All four of the brands within gm reporting to clients at least 13 . For vehicle sales down 6. 1 . Fiat chrysler sales actually beat estimates, unexpectedly rising 1. 1 , but that is not helping the shares. We are seeing them fall as well, s
The normal meetings, or they . Are they . Anna the meetings in vienna are getting a good deal of profile. Vienna is going to be the place to be. A lot still on the radar. We have opec tomorrow, the ecb, and the jobs report on friday. Tom now we have photos from japan. I believe video from japan as the Prime Minister, this is a retract, folks, he will a National Sales tax. Much of this was foreshadowed when he was with the president and leaders in g7 and hiroshima where he made very clear he was playing to a domestic audience. Some of this today is the delay of a National Sales tax and really a quite a blood abrupt blow to the fiscal side. To the bloomberg first word news. Vonnie in japan, Prime Minister shinzo avenue a is delaying Prime Minister shinzo abe is delaying the increase in sales tax until 2019. It would make it tougher for the japanese government to deal with the Worlds Largest debt burden. Another sign that chinas economy is stabilizing, for a third month the official facto
Like button. Right now on fox 35 news at 10. And were going to start tonight with the fox 35 weather alert. The florida cold, look how cold they look, there, sonni. Theyre all bundled up. So bundled up. People are going to be as we say bundled up in jackets for sure. Theres nobody out on the street right now, because its cold. Wind shields could actually get down into the 30s. Lets check in with chief meteorologist Glenn Richards and find out how long were going to to be tortured. Temperatures right now already starting to drop off going through the 40s but overall a fantastic forecast even though a chill is definitely in place. Heres our frost advisory. This is where we will have wide spread frost. Putman county, alachua, gainesville to the north. Doesnt mean you cant get some frost across extreme western portions of Volusia County. Also be getting down into the mid30s. 40degrees down in kissimmee, 41 in melbourne, even titusville youre going to get down to 39degrees. Right now its 38