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December 3, 2018
Tariff is 40%, he didnt specify when the change will happen or what the new tariff level would be but, of course, as you said this comes as major development following the meeting between chinese president xi jinping and president trump saturday night at g20 summit where they agreed to hold off on tariffs on each other, countries, we havent though yet heard from chinese government on the cutback of auto tariffs so we will wait for that but we are looking at a strong market rally this morning fol...
November 30, 2018
Negotiating process thats gone on for months. they have got some things settled like auto tariffs, for example, like dairy farmers. they wanted me to get this signed before pena nieto. ainsley: when they do sit down and discuss they are talking trade right now. this relationship can also talk when they talk about caravan and granting asylum in mexico versus them coming to our country. >> the incoming mexican president security crisis at the border on the mexican side of the border, with all the ...
November 29, 2018
Fred pleitgen live for us. thank you. the drama grows here. another mixed message in the u.s. and china trade negotiations. the day after larry kudlow hinted at a possible bre breakthrough are china. the top necessigotiator issued veiled threat over auto tariffs. days before president trump and xi jinping are set to meet at the g20. the trade representative said quote, the president repeatedly noted the policies are causing severe harm to u.s. workers and manufacturers. china has not yet come ...
November 28, 2018
Is anything like it was a year ago? >> in certain companies it is. >> its substantially higher. >> neil: we have to breakaway here. but this response today is a short life event? is that what youre saying? >> a lot of people were covering their bets today in the markets. >> i agree. >> neil: we have to quit hanging out together. >> you have too many italians here. >> a false premise. >> neil: all right. what we did mention is g.m. the role about whether the company is playing fast and loose with...
November 28, 2018
Extend. g.m. will hit this limit by the end of the year. theres proposals on the table to extend out the policy, which was initiated under the obama era. this morning we got another tweet from the president, president trump is threatening 25% on auto tariffs on foreign made cars in reaction to the g.m. lay-offs. shares and car makers does include g.m., by the way, dropped the reaction because g.m. said yes, theyre an american car brand but they make a lot overseas and ship them back to the subje...
November 27, 2018
A possibility that gm will bring production of another vehicle here, some other vehicle that perhaps sells much better than the cruise, which wasnt selling, and that was the reason for the production to stop in the first place, poppy. >> and i remember going there, christine, and seeing right after the auto bail-out and how proud the workers were there. they had another big cruise sign on the plant. the workers were feeling good. and now those hopes are dashed. it is not just that the cruise was...
November 13, 2018
Topping the political radar, james mattis said there is no change in the militarys support mission at the southern u.s. border. reason is he is trying to visit tomorrow. they will continue their task of obstacle and placement as a migrant caravan continues to make its way north. the mission he said is not expected to change. we will have to see what the future holds. whether the united states should slap auto tariffs on automakers. president trump taking up the issue with advisers after side stu...
October 24, 2018
Is . >> ashley, i swear im coming to you, but first im going to do one of my favorite things, and that is to read your writing aloud dramatically. one of the promises the president made this week was a 10% middle income tax cut even though the argument is it cant be done. you write, the mystery tax cut is only the latest instance of the federal government scrambling to reverse-engineer policies to meet trumps sudden public promises or to search for evidence buttresing his spirit. the pentagon le...
October 24, 2018
Public promisesar or to search for evidence buttressing his conspiracy theories and falsehoods. the pentagon leaped into action to both hold a military parade and launch a space force on the presidents whims. commerce department moved to create a plan for auto tariffs after trump angrily threatened to impose them. just this week vice president pence, the department of homeland security and the white house all rushed to try to back up trumps unsupported claim that unknown middle easterners, the w...
October 24, 2018
Reverse engineer policies to meet trumps public statements. ashley parker and her colleague phil rucker reporting, the pentagon leaped into action to hold a military parade and launch a space force on the presidents whims. the commerce department moved to -- this reads like seth meyers -- to create a plan for auto tariffs after trump threatened to impose them. and vice president pence, the department of homeland security and the white house all rushed to back up trumps unsupported claim that unk...