let s check cnn money this morning. two of the biggest free trade advocates in the white house gone. wall street doesn t like it. last week gary cohn resigned as economic adviser. now rex tillerson is out as secretary of state. his firing sent all major stock averages lower. wall street opened higher after consumer price data calm eed inflation fears. politico reported the president wants new tariffs on billions of dollars of chinese imports, setting the tone for global stocks. asia closed lower. europe and u.s. futures just turned higher, so watch this space. dick s sporting goods expects to lose customers over the new gun policy but is forging ahead. after the parkland shooting, dick s stopped selling assault-style rifles and raised the age of sale. that received support from some, but an earnings call showed it s too early to measure the impact. shares fell 2% following the call. google is banning
range of options. options which according to british media importance include a possible cyber counter attack against russia as well as targeted financial restrictions or sanctions. we ll have to see what comes out of the meeting, what theresa may announces before the house of commons today. russia saying any punitive action taken by the united king bottom will be met by kingdom will be met by a response. thank you. it s that time of the morning. let s check on cnn money. two of the biggest three free trade advocates in the white house gone, and wall street doesn t like it. last week gary cohn resigned as economic adviser. now rex tillerson is out as secretary of state. his firing sent all major stock averages lower. wall street opened higher after consumer price data calmed inflation fears. that was good. but then wall street tumbled on concerns over a trade war. u.s. stocks fell further after politico reported the president wants new tariffs on chinese imports, setting the to
two of the bigget free trade advocates in wall street gone, and wall street doesn t like it. last year gary cohn resigned as economic adviser, now rex tillerson out as secretary of states. his firing sent major stock averages lower yesterday, setting the tone for stocks got asia down, hong kong, tokyo closed lower. look, european shares opening lower here. the concern, a trade war especially with china. u.s. stocks fell further after news broke the president wants new tariffs on chinese imports. another free trade advocate may join the white house. president trump is looking very strongly, he said, cnbc commentator larry kudlow to replace gary cohn. we don t agree on everything, but in this case i think that s good. i want to have a divergent opinion. we agree on most. one big difference, kudlow is a free trader and against the president s tariffs. here s what he said about trump
at&t doesn t. we offer more complete reliability with up to 8 hours of 4g wireless network backup. at&t, no way. we offer 35 voice features and solutions that grow with your business. at&t, not so much. we give you 75 mbps for $59.95. that s more speed than at&t s comparable bundle, for less. call today. it sounds to me like they believe it was russia, and i would certainly take that finding as fact. as soon as we get the facts straight, if we agree with them, we will condemn russia or whoever it may be. president trump telling british prime minister theresa may russia must provide unambiguous answers for the
concept and i agree with it we don t have it with japan or china or europe. free trade is by definition the free flow of goods without any restrictions. there are restrictions right now. so i think it s important to keep in mind. charles: we place restrictions too though, don t we? charles: yeah, every country in the world has tariffs. no doubt about that. most favored nation is 7% around the world. but, chuck, you know, this may be one thing wall street doesn t like but i think it s something that voters like. in fact, your candidate lamb is running on this sort of same economic nationalism. you are never going to lose in campaign fuss are talking about bringing jobs back to america or putting america back to work even if you say it s going to cost you three more cents per can of beer. if that three cents is going towards an american worker, it s a win every time. smartest political decision no matter what the stock market does because the economy is doing good no. matter what t