U S ally tensions rise as tariffs target steel and aluminum
The Trump administration imposes 25 percent tariffs on imported steel and 10 percent on aluminum from Europe, Mexico and Canada with exemptions set to expire. EU Canada and Mexico vow retaliation while stock markets slip and manufacturers warn of higher costs and disrupted contracts.
MENTIONED IN THIS ARTICLE
Washington
Trump
America
Europe
Mexico
Canada
Commerce
Wilbur Ross
Donald Trump
European Union
Japan
Asia
Tariffs add friction to NAFTA talks with Canada and Mexico
The United States imposed steel and aluminum tariffs complicating NAFTA negotiations with Canada and Mexico. Washington says talks are extending beyond expectations while Mexico plans retaliatory tariffs on U S goods. Analysts warn the near term deal prospects are fading as deadlines drift.
MENTIONED IN THIS ARTICLE
U.S. Commerce
Wilbur Ross
NAFTA
U.S. Congress
Canada
Mexico
Goldman Sachs
Alec Phillips
Sears to close 72 more stores amid sales slide
Sears will shutter about 100 loss making stores, with 72 closures planned, leaving approximately 800 stores after this round. The retailer posted a quarterly loss of 424 million dollars as revenue dropped over 30 percent driven by steep declines in established store sales and ongoing consolidation. CFO Rob Riecker framed closures as a step to focus on core profitable locations and newer smaller formats.
MENTIONED IN THIS ARTICLE
New York
Sears
Kmart
Rob Riecker
Mark Hamrick
Bankrate.com
Stocks slide as Tariffs Hit Global Trade
U S stocks dropped after the Trump administration said it would impose tariffs on steel and aluminum from Europe Canada and Mexico. Canada and Mexico fired back with tariffs and the EU is expected to follow. American steelmakers rose while many industrials fell due to higher metal costs for aircraft and machinery. Shares: U S Steel up 1.7 at 36.87. S&P 500 down 18.74 to 2705.27. Dow fell 251.94 to 24415.84. Nasdaq down 20.34 to 7442.12. Russell 2000 slid 14.38 to 1633.61.
MENTIONED IN THIS ARTICLE
Europe
Canada
Mexico
U.S
Jean-Claude Juncker
European Commission
Kentucky
David O’sullivan
Washington
Justin Trudeau
Trudeau
United States
Trump
Beijing
Ross
China
NAFTA
Stripmatic
Cleveland
Bill Adler
New York
European Union
U.S. Steel
Alphabet
Facebook
Dow Industrals
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&p
Russell
Yid_ PE
Chg
Yid
AK Steel
Keycorp AB
At&t Inc
KindMorg
Ta Abb Vie
Krogers
Lockholm
AMD
Lowes
AkersBios
Alibaba
Apple Inc
Micront
BkofAm
NokiaCo. Ag
Nordson
Cedarf
CritryLink
Northropg
ChesEng
OnSmend
Cisco
PNC
Citigroup
ParkerHan
ColNrthi
Penney Et
Comcasts
Diebold
Puvixst Rs
CineEquity
ProciGam
DollarTree
RPM
EmersonEl
RangeRs
S&psooetf
FangHidg Spdrogex
Heliman H
Sprint
HomeDp
Honvwllind
Spdr Fuel
HuntBnesh
iShGold
iShBrazil
US Steel
iShChina LC
Hd Vanegold
Ishemets
Vereit
Isease
VerizonCm
Ishr2k
VikingTh
Intel
WalMart
Invacare
WellsFargo
Ishcorem
Wendys Co
Id.cam
Windstars
Ats
Sweet
NYMX
New York Mercantile Exchange
CBOT
ICE
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World) Exchange
ICE Intercontinental Exchange
Mutua
AmrenBalAm
CptWidGrincAm
FdmilinvsAm
Grfamrca m
Incamrca m
Invcamrca
NwPrspetvAm
Wamtinvsam
Dodge & Cox Inc
Dodge & Cox IntiStk
Dodge & Cox
Fidelity
Franklin Templeton Inca
Metropolitan
West
Bcgr
T. Rowe Price GrSth
Vanguard
Vanguard Intiteadme
Vanguard Insidxins
Vanguard InsidxinsPlus
Vanguard Instusm
InPis Vanguard MdCpldxAdmrl
PrmGpAdmrl
Vanguard Stinvmardadmrl
Vanguard WislyIncAdmittock
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Also Mentioned on This Page
Thyssenkrupp Steel Factory
Duisburg
Germany
Ken Thomas and
Paul Wiseman
Associated Press
Paul Ryan
The
the Market IN Review
Dow Jones
Anp
Naspaq
sePhrman
Goilngptd
GenMotors
SesenBio
CantelMed
VikingTh N
Curis
BidBear
GenElec
EletmAcon
Oo Boxlight
TitanMach
Kirklands
RegHit Pfa
Po Eieon
Associ
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