Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

Bernanke steps into the spotlight
Bernanke steps into the spotlight - 02:13
The official royal wedding guest list revealed
The official royal wedding guest list revealed - 01:23
Shuttle astronauts arrive at Cape Canaveral
Shuttle astronauts arrive at Cape Canaveral - 01:18
Waiting for Bernanke
Waiting for Bernanke - 01:51
Hospital staff flee border fighting
Hospital staff flee border fighting - 01:10
Thousands at Sai Baba funeral
Thousands at Sai Baba funeral - 01:03
Al Qaeda releases hostage messages
Al Qaeda releases hostage messages - 01:43
Obama calls birth controversy \
Obama calls birth controversy "distracting" - 05:29
Three blasts hit Kirkuk
Three blasts hit Kirkuk - 01:25
Protests intensify in Yemen
Protests intensify in Yemen - 01:24
Border clashes displace thousands
Border clashes displace thousands - 01:50
S&P Credit Rating Warning Helpful - Lister
S&P Credit Rating Warning Helpful - Lister - 00:53

Trump's team ponders tarriffs - CNN

Thursday, December 22, 2016 - 01:00

President-elect Donald Trump's transition team is pondering an early executive action to impose tariffs on foreign imports, according to CNN. Roselle Chen reports.

▲ Hide Transcript

▶ View Transcript

President-elect Donald Trump's transition team is considering an early executive action to slap tariffs on foreign imports, according to CNN. The network quotes sources saying a five percent tax is one idea debated internally. On the campaign trail, Trump said he would nix the North American Free Trade Agreement with Mexico and Canada. He vowed to take a tougher stance against China and other trading partners. Max Wolff of 55 Capital warns tariffs could have dire consequences. (SOUNDBITE) MAX WOLFF, ‎MARKET STRATEGIST, 55 CAPITAL, (ENGLISH) SAYING: "It's a good idea to have a cogent trade policy that supports your national interest and the prosperity of the country. That being said, raising tariffs is a tit for tat game. Everybody imagines they can do it, and others won't, that never happens, and what it generally does, it impoverishes both sides because the truth is we tend to gain more than we lose from trade." Asked for comment, Trump's transition team spokesperson, Jason Miller, said it was too soon to speculate about specifics on the President-elect's trade plans.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Trump's team ponders tarriffs - CNN

Thursday, December 22, 2016 - 01:00

Featured Videos

Bladerunners - UK lawnmowers in 12-hour endurance race

Bladerunners - UK lawnmowers in 12-hour endurance race

Drivers donned their suits and climbed into their cockpits at the weekend for a 12-hour endurance race with a difference: they weren't driving rallying cars, but lawnmowers
The highs and lows of Macron's first 100 days

The highs and lows of Macron's first 100 days

French President Emmanuel Macron heads into the summer break faced with falling popularity ratings after tough debates in parliament over labour reform and a public ethics law, a standoff with the military and cuts to housing assistance
The vending machine helping fight against HIV

The vending machine helping fight against HIV

An innovative vending machine for HIV tests being piloted in Britain aims to help in the fight to end the epidemic
London's underground mail rail re-opens after 14 years

London's underground mail rail re-opens after 14 years

A never seen before underground mail network is set to open to the public in London, 14 years after it closed down
Dutch students grow their own biodegradable car

Dutch students grow their own biodegradable car

The first car with a biocomposite body structure has been built by Eindhoven University of Technology students