Page 31 - Input Prices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Economic marketplace, as you see the prices ripple through the economy, what we're going to see is like in 2002, job losses and in that case, 2002, more jobs lost throughout the economy than jobs -- mark: i think i read 200,000 in ten months. >> we're at the early stages of this. looking a year from now, i don't see how it would be much different than in 2002 and all the other times one would try to impose tariffs on steel. mark: what about the impact on inflation, when you're driving up the cost of raw material like that, which is everywhere. in cars, kitchens and appliances, and so forth and...

People to the table. >> we can't say for sure because it all hasn't taken effect yet. but the deeper we get into this, the further we go, the more insults that the president directs at these country, the more he turns up the dial on this -- and this is unrelated, but we went after the german government today, angela merkel -- the more likely it is that this, in fact, is going to happen. certainly, we've seen in the case of steel and aluminum tariffs, steel prices are way up. those input prices are already hurting american companies. therefore, american consumers. this is a false promise from t...

But the right way to address them is with the rest of the world having our back rather than driving the rest of the world to be on china's side, which makes it so much easier for china to resist us. we have no evidence that this strategy as of yet is going to produce results. what we know is that the tariffs that china is likely to impose will cost jobs of people who would otherwise have been involved in exporting to china, and probably even more important, what we know is that we're shooting ourselves in the foot because china themselves are producers. when those input prices go up for americ...

he called it an inadvertent error. that has not quieted the protests in afghanistan. the taliban's calling on muslims to seek revenge. who's going to be the prime minister of australia come monday. the stage is set for a showdown. the governing labor party will vote on monday. rudd says ms. gill lard can't win the next election. we'll have more on that story in just a moment. i'm zain verjee. "world business today." good morning. from cnn london, i'm nina dos santos. this is "world business today." these are the top stories on friday, february the 24th. greece's debt burden has b...

a moment on "world business today." in south korea, landslides and flooding sparked by heavy rain has killed at least 44 people. rescue workers are searching for survivors in and around the capital. hundreds of people have lost their homes and thousands don't have power. we're getting the first videos of the moment of the bomb blast in oslo during friday's terror attacks. the norwegian prime minister's announced an independent commission to examine the killings there and on utoya island. as of now, the death toll stands at 76. those are the headlines from cnn, the world news lead...