The trade battle between the U.S. and China is rocking stock markets around the world. Major indexes lost nearly 3% or more on Monday and the Treasury Department is now labeling China as a currency manipulator. I joined CBS This Morning with more on what that means for your money.
The stock market plunged amid an escalating trade war between the U.S. and China, but will American consumers be impacted the most? I discussed on the CBS Evening News.
Apple stunned investors with a rare warning that revenue from its first quarter will not meet expectations. In part the company blames slower iPhone sales in China. CEO Tim Cook says a weaker Chinese economy and trade tensions with the U.S. are hurting Apple. What it means for the global economy. I discussed on CBS This Morning.
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The Trump administration is preparing tariffs on another $200 billion in Chinese imports. The latest round could impact the price of everything from seafood to shampoo. I explain what that means for consumers on the CBS Evening News.
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Mexico, Canada and the European Union are vowing to retaliate against the U.S. for new tariffs on imported steel and aluminum. The Trump administration's 10 percent tariff on aluminum and 25 percent on steel took effect today. I joined "CBS This Morning" to discuss the impact on consumers.
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President Trump took the first step toward slapping as much as $60 billion in tariffs on products imported from China. That stoked fears on Wall Street, and the Dow lost more than 700 points.
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The continuing threat of a trade war sent stocks lower again on Friday after a 420-point drop Thursday. I joined CBS This Morning: Saturday to discuss why President Trump's tariffs on aluminum and steel could ultimately slow down world economic progress.
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President Trump tweeted that "trade wars are good and easy to win." Mr. Trump said when other countries "get cute, don't trade anymore, we win big." I joined CBS This Morning to talk about the new steel and aluminum tariffs and the impact they will have on the market.
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