tv Early Start with Christine Romans and Dave Briggs CNN March 2, 2018 2:00am-2:59am PST
ready. and the president has a surprise sit down with the nra. the nra says the president does not want gun control. and get ready for a messy day in the northeast. evacuations in massachusetts and federal offices closed in d.c. we will have the full forecast for you. it is you ais ugly. the national weather service in boston calling it a life-or-death situation. good morning. i'm dave briggs. >> i'm christine romans. let's begin with the trade story. president trump slapping tariffs on steel and aluminum. impose tariffs on 25% on steel and 10% on aluminum to help the struggling industries. >> it comes to a time when our country cannot make aluminum and steel and somebody said it before and i will tell you you
almost don't have much of a country. >> trump gave no further details. he said the policy hasn't been written yet. while this decision makes good on the campaign promise to get tough on trade, it was made against the wishes of the top advisers and could bring negative consequences. tariffs are bad for the u.s. economy. "the wall street journal" slamming this as the biggest policy blunder. it will punish american workers and invite retaliation. dividing the coalition at help and undermine the tax and regulatory reforms. if you drive a car or fly in a plane or drink beer, prices could go up. anything with steel or aluminum could be higher costs to you. this will cost about 20,000 jobs. it is not clear if the tariffs will exempt key allies to the u.s. some trading partners -- canada.
a big trading relationship with canada. would this spark retaliation? maybe. especially from china. china could slap tariffs on soy beans. that damage is all theory. global stocks feeling it. that is enough for them to be worried. asian and europe markets falling overnight. dow down 420 points after the president said this. the nasdaq and s&p down 1%. shares of plane and carmakers hit hard. boeing and ford and gm. they would see higher costs for the products. there is a lot of uncertainty about the deal. >> is part of the problem the process? pulling a cake out of the oven before it is half baked? >> a lot of people say this guy was elected president. you would see the stock market collapse. his trade policies are so bad for the american economy. he hasn't enacted his trade
policies. this is the first real concrete action. that is why the stock market is concerned. >> top importers of steel? canada, mexico, south korea, brazil. not china. drawing condemnation from the trading partners from round the world. the president of the commission denouncing this as blatant interventi intervention. we have matt rivers with the latest on the china take on this situation. >> reporter: not surprising, dave. they are not in favor of this. it could get in the way of a slow global recovery. more so than the reaction today and more interested in the reaction that could come in the weeks and months ahead. how is china going to retaliate in a way to potentially hurt u.s. workers and u.s. jobs? christine said it.
soy is a great example of u.s. industry that supports tens of thousands of jobs for ordinary americans relies on the chinese market. billions of dollars in soy is shipped from the u.s. to china every year. if china is really unhappy with the proposal from the president, they could choose to say we will import more from argentina or import more soy from brazil. that has a negative effect in states that employ the workers. states that voted for donald trump in 2016. the chinese government knows that. to get them to back off, they put political pressure on the base which relies on the industry for jobs. >> a big battle ahead. matt rivers, thanks. the nra claims it has the president on its side after huddling with the president and vice president last night. the head of the lobbying arm of the nra, chris cox says the
president and vice president support the second amendment. >> a senior official would say the president believes in the second amendment. there is the president's reaction on twitter. the meeting with the nra follows the freewheeling meeting with the bipartisan group of lawmakers to discuss gun reform. the lawmaker at the meeting is congress member brian mast. he still believes the president will take action. >> he said clearly if we get him a bill that addresses bump stocks and background checks and buying age he will sign it. >> the nra met with the president and the vice president. do you think the president may tack back to his original position which were more in line with the nra positions? >> i certainly hope not. he has had a great deal of strength on this issue telling the other lawmakers you have to be strong and do what you think is right. you cannot say that and walk away. >> the suggestion at the
bipartisan meeting was more in line with democratic positions. now officials are skram nlicram. the measures will not be released today. mitch mcconnell says they will take up a banking bill next week. >> joining us this morning here in new york, julian zelitzer. let's start on guns. with immigration, we saw the reality tv unfold. we saw tuesday and thursday trump. this time it appears to have taken 24 hours for the president to do a 180 on guns if you believe the nra's tweet. >> i think the nra got spooked from hearing the comments. they understand he is not the most predictable president in the world. they are back and reminding him in the meeting and reminding members of congress the amount of votes and money they can deliver. they are trying to give a
reality check if anyone moves too far. >> why is everybody so afraid of the nra? the access the nra has to the oval office and now this crisis meeting. this is a lobby that president trump doesn't want to look like he's in their pocket. they have influence. >> they have money and lobbyists and they can deliver votes. they can deliver votes in areas that are important politically. when you combine all of that, you have to take all of the talk about gun control with a grain of salt. only in the political pressure against it is immense. >> to christine's point, the corporate world will lead the way and the congress can follow. similar to what happened on guns, republicans were furious. maybe they appear to be coming down. republicans are furious with what happened on trade. here is reaction from the latest
tariffs on steel and aluminum. 25% and 10%. chairman roberts says every time you do this you get retaliation. this is counter production from the aeg economy. here is ben sasse. >> no trade war has ever worked. we don't want to make america 1930 again. f all the data shows that trade wars do the opposite. >> labor unions celebrating a move by the president which is a tad ironic. what is the impact of all this? >> the risky thing he did. this goes against the republican orthodoxy. a real measure of what people are thinking and what will happen with the stock market plunge. that said, remember this was a promise which was appealing
during the campaign to many workers and democratic areas. if the stock market effects is not totally damages in the long run, you can imagine in 2018 and 2020, the republicans saying the president delivered. he went against the republican party. this is why you elected him. >> he delivered steel in steeltown. that is what we hear. the president says the decision comes down to the people who put him in the white house. >> it has to be balanced with the economic reality. if this doesn't have the economic effect, that is where republicans could pay the price during the mid terms. we don't know which way it will go. >> "the wall street journal" says 6.5 million jobs in steel. 140,000 that are steel making. numbers are not on his side. let's step back and look at the broad 30,000 foot view of the week. you have the moves on trade. the moves on guns which we have
not figured out. look at the last 72 hours. h.r. mcmaster appears to be on the way out. hope hicks, the most trusted adviser, on the way out. trump attacks his attorney j general again. calling him disgraceful. this is a bad week even for trumpian standards. >> this is the new normal. every time it happens, there is shock and predictions that everything is going off track. we only had a few weeks where this wasn't going on. chaos and disarray and characte house. will this work? i don't know. this is how he governs. this is how he shapes the narrative of the media. this is how he makes his decisions in this environment. there is no way to really stop it. >> his favorability numbers creep back up. things were somewhat
normalizing. >> that's the economy buttressing a lot of this issue. that is why the straytrade deci is interesting. >> jobless claims at a 50-year low. unbelievable. the job market is really doing well. people feel that. thank you. come back. u.s. officials are skeptical about vladimir putin's claim to have a missile so powerful it can penetrate nato defenses and mar-a-lago. we are live in moscow. why is dark magic so spell-bindingly good? it's a bold blend of coffee with rich flavors of uganda, sumatra, colombia and other parts of south america. like these mountains, each amazing on their own. but together? magical. all, for a smoother tasting cup of coffee. green mountain coffee roasters. "i have antivirus, but my computer's still slow..."
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warheads hitting florida. the site of the mar-a-lago estate. top judgment ou.s. officials un. let's bring in matthew chance in moscow. putin is facing an election soon. this was all about chest thumping for the domestic russian audience, no? >> reporter: i think it was. at least in large part. in 16 days, he has the presidential election here. he is certain to win it. no one is suggesting otherwise. you know, he likes to take every opportunity he can to present as a strong leader and macho image who rides bare chested on horses. he has the security of his nation and his nation's military on his mind. he takes every opportunity to push that image of himself
forward. he was doing that yesterday in that speech to the joint houses of russian parliament. that is how it is perceived in russia. the only bit of criticism in the russian press so far is that the discussion over why vladimir putin is presenting himself as potential enemy of the west when some in the media here are saying shouldn't he focus on the russian economy and making the lives of russians better before the election? christine. >> matthew, thank you. if you are commuting out of the east, you know this. an ugly day in store for the northeast. rain and dangerous wind and snow and flooding. forecasters warn you should take this one seriously. the latest is next.
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system. the strong parts of the storm coincide with high tide. you have coastal flood warnings with the bright shading the green with flood watches in effect for the coastal areas. a winter storm warnings for upstate new york. 1 foot of snow or more. on top of that, we have tropical storm force winds. look out boston to long island. in fact, d.c., philly, new york and into boston, you have an extremely windy 36 hours ahead of you. you see the snowfall totals. highest across the catskills. we keep temperatures warm enough to keep the precipitation in liquid variety in d.c. back to you. >> thank you, derek. let's see if the president can make it to mar-a-lago. the fbi investigation for the
college basketball scandal. >> andy scholes has more in the bleacher report. >> sean miller did not coach last weekend after the espn report claimed the fbi had a wiretap discussing payment to star player ayton. miller returning last night. before the game, he proclaimed his innocence. slamming the espn report. >> let me be very, very clear. i have never discussed with christian dawkins paying ayton. any report is inaccurate, false and defamatory. i'm outraged by the media statements made in the acceptance by many these statements were true. there was no such conversation. >> despite the denials, espn is standing by the original reporting. the head baseball coach of texas wesleyan was fired after
the e-mail surfaced he sent to the potential recruit. mike jeffcoat said he was not looking for high school players from colorado because of the recreational marijuana policy. jeffcoat told the player, quote, you can blame your liberal politicia politicians. after the firing, the university president said the cool doschoo not discriminate. heartbreaking news. bills quarterback jim kelly's cancer has returned for a third time. his wife sent an instagram post saying the family is shocked and sad and angry and tired. kelly was first diagnosed with oral cancer in 2013 and again in 2014. recently kelly sat down with coy wire and discussed how he beat cancer twice. >> i've been through so much in my life.
i never could imagine the word cancer coming in my life. i look back to my son. he fought every day of his life. i fought every day of my life. i fought because i have two beautiful daughters and i had a wife that sacrificed so much to spend time with me and make sure i was all right. >> kelly lost his son to a rare disease when he was 8 years old. he asked for prayers. with all of you by my side, we will win this battle together. we could be in for one exciting march. virginia down by four with under a second to go last night. they won the game. after a travel call and out of bounds play. hunter gets the ball. the bank was open late. he knocks it in to beat louisville. a heartbreaker for them. down four and under a second and you win the game. that does not happen very often. >> a wild tournament.
our thoughts and prayer was jim kelly and his wife jill. two of my favorite people in the world. i saw them at the super bowl in minnesota. always a smile on his face. we love them. thank you, scholes. the wall street journal calls it the biggest policy blunder of trump's presidency. a big plan for tariffs, but no plan yet. global stocks are down as the week of chaos in the white house expands to our trading partners next. ks eac woah. plus, netflix for the whole family. on us. prrrrrrr... so, they get their shows... let's go, girl! you're gonna love this bit! and you get yours. watch however you want. on your phone, tablet, or tv. for a limited time, get 4 lines for just thirty-five bucks per line, with no extra charges. it's showtime! all on america's best unlimited network, t-mobile. your heart doesn't only belong ♪to you.
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crazy week at the white house ending with the thud around the globe. what policy announcement is "the wall street journal" declaring as the biggest blunder of the presiden presidency? the gun control backed by the democrats, but the president has a surprise sit down with the nra. the group says after the meeting the president does not want gun control. get ready for a messy day in the northeast. evacuations in massachusetts, federal offices closed in d.c. we have the full and messy forecast for you. one the national weather service has called a life and death situation along the east coast. i'm dave briggs. welcome back to "early start." >> i'm christine romans. will it be a happy friday on
wall street? president trump slapping tariffs on steel and aluminum. 25% on steel and 10% on aluminum to help the struggling industries. >> when it comes to a time when our country cannot make aluminum and steel. you almost don't have much of a country. >> trump gave no further details about the plan or when it would roll out. he said the policy is being written and while this decision makes good on the campaign promise to get tough on trade, it was made against the wishes of top advisers. it could bring negative consequences. tariffs are bad for the u.s. economy. history has shown this time and again. the editorial board of "the wall street journal" says this is the biggest blunder and invite retaliation and divide political coalition at home and anger
allies abroad. if you can drive a car or fly in a plane or drink beer, prices could go up. anything with steel or aluminum would be expensive forcing companies to raise prices and cut jobs. this could cost 20,000 jobs. it is not clear if this tariffs will exempt canada. huge steel trade relationship with canada. experts believe it could spark retaliation from china. farmers are worried china could slap tariffs on soy. that damage is still the theory. global stocks feeling it. asian and european markets falling overnight. dow is 420 points lower. shares of plane and carmakers hit hard. they use a lot of the products. their costs went up. gm and ford and boeing. trump provided few details.
>> very few details. the president's tariff talk drawing condemnation from the trading partners around the world. the german foreign minister called it incomprehensiblincomp. warned they would respond decisively. china weighing in. let's go live to matt rivers in beijing. >> reporter: they are not happy. the one thing the officials have in common right now. the spokesperson with the ministry affairs department says it will do a lot to harm a slow global recovery so far. it is more how china would respond down the road in the weeks and months ahead. more than compared to what they said right now. you heard christine talk about soy. chinese have a lot of tools in the tool kit to hurt workers in the united states. they could target soy. i talked to a representative from the soy bean export council
here a couple months ago. he said chinese officials told him they could be number one on the retaliation list if in fact they choose to do so. we are not sure how the chinese will retaliate. they could restrict market access for soy bean and airplanes. boeing rely on market access here in china to make sure profits say good. that could potentially lead to workers in the united states feeling the brunt of that. the chinese could do a lot of things. we are not sure how they will respond yet. >> matt rivers live in beijing. thank you. the nra claims it has the president on its side after huddling at the white house with the president and vice president. the head of the nra lobbying arm chris cox tweeting both men oppose gun control. the president called the meeting great. asked if the white house agrees? a senior official would say the president believes in the second amendment. >> the meeting with the nra came
after mr. trump's freewheeling meeting with the bipartisan group of lawmakers to discuss gun reform. the president advocated for really interesting and decisive refo reforms. a lawmaker there, congress member brian mast still believes the president will take action. >> he said clearly if we get him a bill that addresses bump stocks and background checks and buying age he will sign it. >> the nra met tonight with the president and vice president. do you think the president may tack back to his original positions which were more in line with the nra positions? >> i certainly hope not. you know, he had a great deal of strength in this issue telling all of the other lawmakers you have to be strong and you cannot be afraid and go with your gut. do what you think is right. you cannot say that and walk away from that. >> many of the president's suggestions at the meeting were more in line with democratic positions. in fact, to the left of many. now officials scrambling and the
rollout of measures to curb gun violence will not be released today as planned. mitch mcconnell says the senate will take up a banking bill next week. dashing hopes of quick action on guns in the wake of the school shooting in parkland, florida. >> a lot to talk about. joining us is cnn analyst julian zelizer. author of the book "the presidency of barack obama." congratulations. edited by you. looks fantastic. let's start with the big story of the morning. tariffs. this is a good time to bring this in. barack obama opposed tariffs on chinese steel. exports plunged in 2016. george w. bush imposed. are we hyperventilating? >> i think that is what president trump is banking on. he may have looked at the history and saw two presidents
did it and there was a price and it did not work. they survived and both were reelected to two terms. there is a little historical back drop that is relevant to the immediate coverage. >> you are not suggesting president trump wants to do something barack obama did? >> no. he is calculating he can take the risk. he is giving corporate america what they want. next week, there will be debate about the financial deregulation. he could withstand the backlash, but give voters in the key rust belt states something they want. >> the market reaction is one thing. his party is not so happy. senator roberts, the chairman of the senate committee on agriculture, said every time you do this there is a counter production action. there is sasse speaking to
bret baier. >> the forgotten men and women of america don't want to be drafted into a trade war. trade creates jobs. trade lowers prices for american families. trade wars do the opposite. >> it is a choppy week for the president and his party. >> choppy week, but normal week. this is the environment that president trump is comfortable in. this is the kind of government we had from day one with a few exceptio exceptions. this is what we should expect in the year going forward. >> had his party starting to line up with the tax cuts? >> and next week they will line up with the dodd-frank bill. the question is does he ever hit the point where republicans in congress are not upset and angry, but moving against the president? so far no. >> the canadians are the biggest source of steel and imports. the president wants to scrap nafta and start over. this must be a bowl of spaghetti
at this point. >> and some leaders are getting used to this and unpredictable . that is the second part of what he is looking to do. >> what does he do on guns? another big question today. you had the freewheeling meeting we talked about with reality television. due process can come second after taking the guns if they would increase the minimum age for buying rifles. another meeting with the nra which he said was a great meeting. chris cox saying there is no gun control. where are we headed on guns and what happened in the last 24 hours? >> if you bias, not much should happen. there are a few exceptions with the movement on gun control. the nra will wait out the outrage from parkland. that is what they do. the fact the senate is not
planning to deal with this, but financial regulation says a lot. the president meeting with the nra after the statement of if you are scared of the nra. he answered his own question. >> how much of the capitalism with the retailers -- there are 60,000 retailers authorized in the united states. these are big retailers taking action. >> corporate america has the ability to move issues if they stick with this and so do the students. that's ultimately the biggest story. do the students continue to mobilize? do they turn it into a movement? a march on washington in a few weeks. that should be taken seriously. i think in many ways, that combined with a corporate push back against guns could have an affect and maybe affect on congress. that versus the nra. i don't know which one wins. >> a tumultuous week in the capital.
the nor'easter hitting d.c. was in the white house all along. >> political nor'easter. >> nice to see you. officials are skeptical about vladimir putin's claim he has a missile so powerful it can penetrate nato defenses and even mar-a-lago. we are live in moscow. and when youod sugar is a replace one meal... choices. ...or snack a day with glucerna... ...made with carbsteady... ...to help minimize blood sugar spikes... ...you can really feel it. now with 30% less carbs and sugars. glucerna. here's the story of green mountain coffee roasters sumatra reserve. let's go to sumatra. the coffee here is amazing. because the volcanic soil is amazing. so we give farmers like win more plants. to grow more delicious coffee. which helps provide for win's family. all, for a smoother tasting cup of coffee. green mountain coffee roasters.
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are skeptical of vladimir putin's claims of russian military might. we one calling the putin announcement cheesy. >> russian leader claiming his country developed invincible nuclear weapons systems with unlimited range. mr. putin's address featuring video clips of nuclear warheads hitting florida. the will location of president' mar-a-lago estate. let's bring in matthew chance in moscow. the shirt is on, similar matter? >> reporter: it seems to be. we have to remember that putin was speaking first and foremost, we think, to his domestic audience. addressing the russian parliame parliament. he has 16 days now before he faces re-election. yes, he is sescertainly going t
win the election hands down. he depooesn't have to campaign votes. he has it in the bag. he loves to take every opportunity he can to stress the idea to present as a strong leader and mindful of the affairs of the russian military and has national security on his mind the same as president trump likes to present himself as well. it was aimed at the domestic audience, but sending worrying messages to the united states and to the west as well. >> matthew chance, thank you. elsewhere, israeli prime minister benjamin netanyahu questioned for an eighth time in the ongoing corruption probe. investigators arriving at the residence in jerusalem this morning. we have oren liebermann with the latest. >> reporter: good morning, dave. interrogate interrogators are still at the residence of the prime minister. the prime minister's wife is questioned at the same time in a
different location. this is also a new phase for the investigation. the first seven times he was questioned was in case 1,000 and case 2,000. cases he was named a suspect. now questioned in two new cases. we want to know and we will find out afterwards is has he been named a suspect in any of these newer cases? that would be a major blow to the prime minister. the timing of the interrogation is interesting. not only is it a jewish holiday here, minor holiday, but dave, it is worth pointing that out prime minister benjamin netanyahu will be in the united states and meet with president trump. these will hangover that. >> oren live in jerusalem. thank you. another retailer takes a stand on guns. kroger. the nation's largest grocery store chain no longer selling guns to anyone under 21. details in "cnn money" next. that's why there's otezla.
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and add voice and tv for $34.90 more per month. call 1-800-501-6000. all right. twitter dave. you handle this. >> who is up at 5:54 a.m.? the president is up and tweeting. not a global trade war he may have started or not the gun rights with the nra meeting. the first thought was on "saturday night live" and alec baldwin. alex, he calls him, baldwin who's dying career was saved by his impersonation of me on snl. now saying playing djt was agony
for him. bring back darrell hammond. a lot of questions come to mind. how do you start a trade war and wake up with alec baldwin? >> he treweeted and said trade wars are good and easy toreally? >> he will show us how he will win it. >> i will let you handle that. if auto correct forced you to write alec as alex. a lot of thoughts and questions at 5:55. >> there is really dangerous situation developing along the eastern coast. the nor'easter is a life-or-death situation. residents in scituate are urged to evacuate. 1,500 flights have canceled. meteorologist derek van dam has more. >> a deepening nor'easter off
the east coast. there are several hazards associated with the storm system. one of which is the extremely strong winds through the course of today and tomorrow. a look out for the windy day for boston and new york and philly and d.c. expecting winds at tropical storm force. especially along the coastal areas of massachusetts and long island as well as maryland. we have this storm coinciding with several high tide events. a long duration storm system. the coastal erosion risk exists. you could see winter storm warnings for upstate new york and pennsylvania where over a foot of snow will fall by the time the suspeystem departs on saturday. snowfall totals west of albany. 12 to 15 inches of snow. 46 degrees for the nation's capital today. 42 for detroit. 42 in new york city. back to you.
>> all right. thank you. let's get a check on "cnn money." the president slapping tariffs on foreign steel and aluminum. wall street is worried of a trade war. the announcement sent the dow down 420 points. global stocks following. shares of big steel users like plane and carmakers hit hard. boeing, gm and ford. all went down. they make stuff with steel and aluminum. the presidential announcement had few details if this will exempt key allies. canada is a big supplier of u.s. steel. it could spark retaliatioretali. it has been six months since the equifax breach. millions more originally harmed than first reported. it said it breached 145 million
americans with names and addresses and social security numbers. now identified another 2.4 million and it will contact them directly. the credit bureau doesn't know who was behind the hack. retailer taking a stand on guns. kroger will no longer sell guns to anyone under 21. the company sells weapons at 46 fred meyers stores. walmart and dick's said similar announcements. rei is stopping its relationship with the brand of vista outdoor until it makes a public statement. >> corporate world leading the way. we are about out of time. veronica is leaving us. the final day before you go. you will not miss dave briggs and christine romans. what is the best thing to get away from?
>> i'll finally be able to sleep. >> and high maintenance anchors you deal with. >> she is our hope hicks. we can't live without you. >> our hope hicks. you can't top that. and the high-maintenance anchors huff to deal with here. >> poem picks. >> she's your news whisperer. have a great time in d.c. >> thank you. >> you made us better. >> i'm christine romans. >> i'm dave briggs. "new day" has a lot of material. see you next week. >> this trade policy will be disastrous. >> it's been allowed to go on for decades is disgraceful. >> you hold your breath, they may change their mind on p