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American companies should move production out of china and back to the u. S all of this with the eyes of the world on jay powell in wyoming Steve Liesman has been talking with the most powerful central bankers and will join us in a minute but to e lolon where the president lunaunched a tweet storm. On september 1st, the chinese imports supposed to be taxed at 10 will be hit with a 15 tariff on october 1st, the tariffs on 250 billion in chinese goods that were already in place will go from 25 to 30 . And then on december 15th, all of the products that we import from china will start being tariffed the rate will be 15 instead of 10 . In the tweet storm, trump said that china should not have issued retaliation tariffs 75 billion of goods and called the move politically motivated we know trump was huddling earlier today with the top trade and economic advisors how to respond to beijings move. They were all there and just before or just ....
Good morning from the studio 57 newsroom at cbs news headquarters in new york. Im Wendy Gillette in for annemarie green. Hurricane dorian intensified overnight and is now a category 2 hurricane. Dorian is expected to hit somewhere between florida and southern georgia on monday and could make landfall as a powerful category 4 storm. That would make it the strongest storm to hit floridas east coast since hurricane andrew in 1992. This ominous view from the International Space station shows the storm morphing into a monster. Chief meteorologist craig setzer of our miami station wfor is tracking dorians path. Well, the storm strengthened overnight, winds up to 105 miles an hour now, moving to the northwest at 12, expecting to continue because its over very warm waters. The wind shear very low. It will be a category 3 today, category 4 by tomorrow as it breaches the northwest ....
Chairman powell says this is not the beginning of a move downwards. Capital gains. Boosting the ratio and outperforming rivals and Equities Trading. The ceo says he will not let brexitange his plans change his plans. It is a question mark. We are not making changes of saturday strategy because of the exit. Prices slump. We speak to the ceo shell. Take a quick look at my terminal. The u. S. 10 year yield, the dip you can see right after news of the fed rate cut. At first, and investors were buying bonds and pushing down the yield. Then during the press conference, it came back up. It does not look like the market is convinced Jerome Powell will keep cutting. Clear in the press conference he never said this is the only cut. There could be more to come. Take a look at where we see futures trading. It is a down day. Drops yesterday. Futures up 0. 6 . Ftse futures falling by half ....
Address tonight. The key issues he is expected to hit on. A live look outside at the Golden Gate Bridge. Meteorologist, kari hall, is tracking your forecast for this thursday morning. This is today in the bay. Good thursday morning to you. I am marcus washington. I am laura garcia. We will check in with mike for the morning commute in a bit, but first lets check the forecast with kari. Yesterday when we looked at the Golden Gate Bridge camera, there were drops all over it. Today we will have a drier day today. The storm system that brought us the active weather yesterday now moved to the south. We will have a chance to move out today and tomorrow. Temperatures starting out in the upper 40s and low 50s. A fairly low temperature for our morning. We are in the upper 40s in palo alto. Its 52 in oakland and in San Francisc ....