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These American companies could be harmed by the Trump tariffs

The high tariffs of President Donald Trump on steel and aluminum imports are now a reality. Trump imposed a 25% tariff on steel imports and 10% on aluminum on Thursday. but except Canada and Mexico. The tariffs will take effect in 15 days. This is gratifying news for American metals-making companies. But for companies that consume steel and aluminum, such …

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Elon Musk pushes Trump for higher car fares on Twitter

Tesla CEO Elon Musk released a series of tweets hours before a planned announcement on tariffs on imported steel and aluminum, calling on President Trump to demand "equal and fair rules for cars" in the US and China. Musk has spoken out against two things he has made "very difficult" for Tesla. First, he told the president how the US …

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Musk invites Trump to ask China about car trading practices

Elon Musk of Tesla Inc., after months of fighting with Chinese government officials, hired the conditions for building a factory in the country for a small lobby-by-tweet campaign. "Do you think the US and China should have equal and fair rules for cars?" Musk wrote Thursday to President Donald Trump, in response to a post by the President Day before. …

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These companies are America's biggest losers in a trade war

Donald Trump's proposed steel and aluminum tariffs have made American corporate executives nervous. That's because they can easily imagine that other countries are trying to tax American whiskey, excavators from Caterpillar Inc. and Boeing Co. "God bless Boeing," Trump said last At about the same time, he exclaimed, "I love Caterpillar." Boeing and Caterpillar are doing a lot of good …

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US Household Net in the fourth quarter of 2017 worth $ 98.7 trillion

WASHINGTON, March 8 (Reuters) – US household wealth reached $ 98.7 trillion in the fourth quarter of last year, driven by a rising stock market and real estate prices, a Federal Reserve report said Thursday. This compares to a revised bottom line of $ 96.7 trillion in net worth for households in the previous quarter. Although the American stock market …

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Pearse Lyons, who built a $ 3 billion firm in Kentucky, dies.

Pearse Lyons, the Irish-born Kentucky billionaire who founded the global agri-food giant Alltech and played the key role in the 2010 World Equestrian Games in Lexington, died at the age of 73. Lyons died on Thursday morning Following Monday's November 1 cardiac surgery, Alltech spokeswoman Susanna Elliott said Lyons, a hard-working businessman with boundless energy and an open-minded personality, was …

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Ron Baron automaker roots Tesla to fail falsely

Tesla CEO Elon Musk Reuters / Mike Blake Tesla investor Ron Baron says the company is surrounded by enemies CEO Elon Musk triumphs over alleged Tesla opponents and therefore deserves a massive new compensation package But Tesla is largely threatened by its own problems (19659006) Ron Baron is a Tesla Perma bull who never misses the chance to support the …

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Pentagon needs to understand the cost of more F-35s

With the expected total cost of $ 400 billion, it is the most expensive weapons program ever. According to public pressure from the Oval Office, the Lot 10 contract resulted in a price drop of 7 percent for most. Common variant of the aircraft, F-35A, to $ 94.6 million Both Lockheed and the Pentagon has said the plan is to …

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