Steel and aluminium products are more than tripled to 25%. Tariff hikes and other products including semiconductor chips are set to take into effect over the next two years. The increases which impact a relatively small amount of us imports come as vice president kamala harris and former president donald trump have clashed over tariffs on the campaign trail. Mrtrump clashed over tariffs on the campaign trail. Mr trump is calling for sweeping new duties on all imports while ms harris has said his proposal would raise prices for the american people. Raise prices for the american eo le. . , ,. , raise prices for the american eole. . . , , people. The european union is also considering people. The european union is also considering tariffs people. The european union is also considering tariffs on also considering tariffs on china made electric vehicles and negotiations are ongoing. The block was meant to vote on the taxes earlier this week that has since been delayed. We will bring you a
Strike after Strike Israel Blasting multiple hezbollah Targets Today at the fears of a war there were escalate. More on this a growing threat in the moment. But first. To the president ial right here and one key issue in the state. Former president to donald Trump Targeting Food prices and pennsylvania as he and Vice President Kamala Harris are locked in a fierce battle there. Harris expected to be back in the state this week to make a new economic pitch. Who has the best pitch to win over voters and consumers quite welcome everyone and this is your well. First to trumps the page. For that we go. Shes in Indiana Pennsylvania for us at this hour. Hello. Hello. Good afternoon to you. While the Economy Inflation very important not only to voters but also to american farmers. Specifically the farmers here and pennsylvania. Trumpet just met with them and held up a big Round Table and listened it to their woes and their complaints about whats been happening in terms of competition. He said t
Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get
Least 12 Members Today was Walkie Talkies and at least 14 were killed. Video captured one of the dramatic moments of carnage, a warning the video were about to play for you, maybe difficult to watch. But what youre about to see is device is set off at a funeral earlier today. Here is some of that moment Yesterdays Attack and todays the targets appear to be members of hezbollah, the group backed by iran that the u. S. Desk to me, its a Terrorist Organisation. Cnn has a team in beirut, lebanon and were going to go there in just a moment amidst fears that this could turn things into a wider war. But first breaking news in the Money Lead markets are closing now, on the heels of the highly anticipated decision by the federal reserve to cut Interest Rates in the united states by a halfpoint. That dow finished slightly down 102. 75. After that initial bounce when the news came out two hours ago, Cnn Business Anchor Julia Chatterley is falling all this closely and julia, this is a significant
Strike on october 1st. Back to you. Bill good to have you on the story and well see where it goes. Dana Fox News Alert here. Border chaos and National Security are front and center this hour on capitol hill. Lawmakers are set to examine the Border Policies of the Bidenharris Administration and how they have impacted our safety and security. Welcome to a new hour of americas newsroom, im dana perino. Good morning. Bill good morning im bill hemmer. A day of potentially dramatic and Heart Wrenching testimony coming your way. The House Hearing will get underway hearing from the mom of Rachel Morin, the mother of five who was raped and murdered on a Hiking Trail in maryland allegedly by an illegal immigrant from El Salvador. Dana the border and illegal immigration continues to be a key issue heading into this Years Election amid growing concerns for the dangerous harm to National Security. Encountered members from many different criminal organizations and Terrorist Organizations throughout