a trade war develop out of these first moves, however unlikely that might be, then you start disrupting the global economy. if we pull out of nafta, again, for instance, that is something that will have enormous consequences for the economy and whether a can of campbell s soup goes up a couple cents. ron, thank you so much for spending your morning with us. the departure of hope hicks and whether the white house comment doomed her in the white house. 3, 2, 1. not cool. freezing away fat cells with coolsculpting? now that s cool! coolsculpting safely freezes and removes fat cells with little or no downtime. and no surgery. results and patient experience may vary. some rare side effects include temporary numbness, discomfort and swelling. ask your doctor if coolsculpting is right for you and visit coolsculpting.com today. for your chance to win a free treatment. burned me up and down, shno way to cool it. every time you kiss me it s like sunshine and whiskey
opportunity to do it late last week. slapping tariffs on harley davidsons, kentucky bourbon and blue jeans. what does this mean and is this now the beginning of a full fledged trade war? it s hard to tell. it could go in that direction. the more impulsive the white house becomes with respect to trade if we pulled out of nafta which would be a much bigger deal than these tariffs. then you have some real risks we could have a risk around the world. some of the risks we haven t talked about much, china and japan, for instance, collectively own $2.3 billion worth of u.s. treasury bonds. if they want to sell bonds as interest rates are going up anyway they could send a message that they could affect the value of the dollar and the level of interest rates and that is something that could have much greater consequences for the economy than just these small, retaliatory steps.
it s in the can of campbell s soup there is about 2.6 cents. 2.6 pennies worth of steel. it doesn t mean anything. so, all this hysteria is a lot to do about nothing. is there credence to what secretary ross is saying there. will average americans be affected by this tariff on steel and aluminum? from my spur speperspective at this from 30,000 feet it is largely beyond the point. will the cost of a car go up? will the cost of a baseball bat go up? will the cost of campbell s soup go up? i don t believe that individuals will see this passed along immediately. but the bigger question here, dar dara, is whether or not this leads to a damaging trade war that could affect the consumer prices, the prices of imports going up and if we start to see
faltering, a bipartisan group, seems to be making progress behind the scenes an immigration plan that could get the 60 votes needed to pass. time for an early start on your monday. trump discussed the state of the steel industry with lawmakers tuesday saying he s considering a range of options to address imports that he believes are hurting u.s. steelworkers. we can not be without a steel industry. we cannot be without an aluminum industry. and so what we re talking about is tariffs and/or quotas. and the president said these restrictions would help save struggling steel companies from foreign competitors like china that dump low-priced metal on the united states. an issue he was very vocal about on the campaign trail. he framed it as a national security issue, saying he doesn t want the u.s. to rely on steel for a country it could be fighting with in the future. republican lawmakers urge caution on this saying they don t want to start a trade war over steel and aluminum-dumping
state of the steel industry with a bipartisan group of lawmakers on tuesday. saying he s considering a range of options to address imports that he believes are hurting u.s. steel workers. we cannot be without a steel industry. we cannot be without an aluminum industry. what we re talking about is tariffs and/or quotas. the president said the restrictions would help save struggling steel companies from foreign competitors like china that dump low-priced metal on the u.s. it s an issue he was vocal about on the campaign trail. he framed it as a national security issue saying he doesn t want the u.s. to rely on steel from a country it could be fighting in the future. republican lawmakers, though, they re urging caution, saying they don t want to start a trade war over steel and aluminum-dumping issues. it is the administration s latest jab on trade. according to the commerce department, trade investigations rose 81% in the first 12 months of trump s presidency with tariffs imposed on