Tire Tariffs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 they're responding to them. that's where you'll 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 investment by china in u.s. technology companies, they watched the dow tick down and tick down. ...

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 don't think so, neil. i think the administration has had many conversation with members on the hill on this topic. typically what we're hearing is an affirmation is that there's no evidence of collusion of russia and there's a growing frustration that continues to drag on. >> neil: i want to give a big picture of the white house what is next. in order to look at these tariffs that have been...

Promises to say that the american middle class cannot compete with slave labor in china and mexico city. he's 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. that's the question. it raised prices for american consumers. can donald trump do it in a way that brings large scale numbe...

>> 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 the chi northeast. that's the next stage of this. we're also looking at the $1.3 trillion spending me...

When the president did the run up to tariffs on steel and aluminum, it was all over the place and it's recovered. so the president hoping this is only a temporary setback as well. when they see the effect of the tariffs, if and when they're imposed, the dow may decide that it's not as flipped out as it appears to be today. let's 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 doesn't like. that means the deficit will be bigger than it was. adding to the debt. that's always a drag. an...