Tire Tariffs News Today

If it fails, guess what? the government shut down. as i said, it all combines to send stocks down. every single dow component in the red. the dow surrenders more than 722 points today. more on what produced those numbers. first, to the white house on how theyre responding to them. thats where youll find john roberts. >> clearly, neil, as the dow continues to go down since the president made his announcement that he sent his trade representative to come to the tariffs, taking measures to restrict...

There, be careful about that there. was there concern building among some of the people you talk to? you work legislatively with the other side of capitol hill, that the president is going too far? >> no, i dont think so, neil. i think the administration has had many conversation with members on the hill on this topic. typically what were hearing is an affirmation is that theres no evidence of collusion of russia and theres a growing frustration that continues to drag on. >> neil: i want to give...

Promises to say that the american middle class cannot compete with slave labor in china and mexico city. hes saying we are going to tackle currency manipulation, we are going to tackle, you know, different sort of ways that foreign countries disadvantage the american middle class by flooding our market with cheap goods. obama did this, too, actually, with the tire tariffs towards the front of his presidency. this is not unpreunprecedented. >> how many jobs did it create. thats the question. it r...

>> neil: all right. before i go to my bests, i want to show you happened at wall and broad. all dow 30 components were down and appreciably so. this is putting the dow in correction territory yet again. we had some technology stocks that were falling beyond that. boeing, for example, was one of the worst performers of the dow. falling better than 5%. a lot of people seem to think that boeing will be a target of the chinese and the beefed up tariffs that the administration is looking to slap on t...

When the president did the run up to tariffs on steel and aluminum, it was all over the place and its recovered. so the president hoping this is only a temporary setback as well. when they see the effect of the tariffs, if and when theyre imposed, the dow may decide that its not as flipped out as it appears to be today. lets not forget the tariffs on steel and aluminum have not been imposed yet. now to a couple other things. a $1.3 trillion budget is something that the stock market doesnt like. ...

Trying news. >> we knew this was going to come and rates would go up. but what exacerbated, inflation worries and the tariffs and the retaliatory trade that could come from the tariffs to that. add to that, the tech companies with their problems. >> neil: and trade tariffs, the president might be right to be chagrinned about this. he doesnt like the way that countries play ball. but a trade war could wipe out the benefits of the tax cuts. is that among some of the factors hitting stocks? >> i do...

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