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President Trump's steel tariff could cost Ford and General Motors billion a year.That's the hit each company could take if the tariff translates into a similar increase in steel prices, according to a Goldman Sachs analysis. Trump has proposed a 25% tariff on imported steel, along with a 10% tariff on aluminum. billion represents 12% of Ford's profit last year and 7% of GM's, the analysis said.The report looked at Ford and GM's 2017 production mix to make its calculation.Ford said in a statement that the tariffs "could result in an increase in domestic commodity prices — harming the competitiveness of American manufacturers." GM said it supports trade policies "that enable U.S. manufacturers to win and grow jobs in the U.S."Both automakers say they use mostly American-made steel for vehicles they make in the United States.Trump argues that the tariffs will bolster US production of steel and aluminum and combat unfair trade practices. But businesses outside the steel and aluminum industries have warned that the tariffs will lead to higher prices and hurt the economy.The American International Automobile Dealers Association, which was formed to advocate free trade, said car prices could go up "substantially." The group also warned that retaliatory tariffs from other countries could drive up the price of US goods in general. 1366
President Donald Trump’s campaign website was hacked on Tuesday evening, according to a campaign spokesperson.Tim Murtaugh, the campaign’s director of communications, said that the website has since been restored.“Earlier this evening, the Trump campaign website was defaced and we are working with law enforcement authorities to investigate the source of the attack,” Murtaugh said. “There was no exposure to sensitive data because none of it is actually stored on the site. The website has been restored.Earlier in the evening, New York Times cybersecurity reporter Nicole Perlroth tweeted a picture of the campaign the website while it was hacked. 658
RAMONA, Calif. (KGTV) - A 20-year-old Ukrainian man was shot and killed in Ramona this week, according to Sheriff's investigators.Ivan N. Nivinskus, of Ramona, died of apparent gunshot wounds Sunday just after 8:30 p.m., investigators said. The San Diego County Medical Examiner has ruled Nivinskus's death a homicide.San Diego Sheriff's deputies said deputies were called to the 15900 block of Wood Rock Lane for reports of possible gunshots and someone yelling. Deputies arrived to find Nivinskus on the ground outside a home.RELATED: Roommate identifies Ramona shooting victim as young man from UkraineNivinskus was given first aid at the scene but did not survive his injuries.One of Nivinskus's roommates, Ben Ledbetter, said someone killed his best friend out of anger."He's 100 percent good. His heart is strong, his will is strong. His attitude was positive. You couldn't kill a better person. He was the best person you could ever know," Ledbetter said.RELATED: SWAT team searches for Ramona homicide suspectA suspect in the shooting is still being sought. Anyone with information on the incident is urged to contact sheriff’s Homicide Detail at 858-974-2321 or 858-565-5200. 1227
Protests broke out in Atlanta early Saturday, hours after at least one Atlanta Police officer shot and killed Rayshard Brooks, 27, outside a Wendy’s late Friday.In the wake of Friday's shooting, Atlanta Mayor Keisha Lance Bottoms announced the resignation of Police Chief Erika Shields. "It has become abundantly clear that over the last couple weeks in Atlanta is that while we have a police force full of men and women who work alongside our communities with honor respect and dignity," Bottoms said, "there has been a disconnect with what our expectations are, and should be as it relates to interactions with our officers and the communities in which they are entrusted to protect."Body worn or dash cam video of the incident was released to the public late Saturday. Video circulating on social media reportedly of the incident shows a man grabbing a stun gun from police during a struggle and running from officers. The video shows officers then shooting Brooks as he tried to flee.“The (Georgia Bureau of Investigations) is aware that there is video posted on social media captured by witnesses in this incident. We are reviewing the video & the early investigative information in this case. We’ll provide an update as soon as we can,” the agency said Saturday morning.The Georgia Bureau of Investigations said that officers responded to a call of a man who fell asleep behind the wheel in a drive thru. The police accused Brooks of failing a field sobriety test.Police then claimed Brooks struggled with officers during the arrest. The Georgia Bureau of Investigations said that officers then fired a Taser at Brooks.Eyewitnesses told investigators that Brooks then struggled with officers over the Taser, and that’s when at least one officer shot Brooks.Brooks was transported to the hospital, and he died during surgery.Atlanta has been the site of a number of large protests in recent weeks in the wake of the death of George Floyd. Floyd died on Memorial Day in police custody after a Minneapolis police officer held a knee against his neck for nearly nine minutes.The NAACP reacted to Saturday's shooting via Twitter. "Stop urging the black community to be patient as our people are being gunned down by those sworn to 'protect and serve.' Sweeping police reform is no longer a consideration," the NAACP said in a statement. 2349
Rabbits are multiplying in the childrens' book section.Comedian John Oliver is provoking Mike Pence with a parody book about the vice president's pet bunny to coincide with the Pence family's release of a new children's book."Marlon Bundo's A Day in the Life of the Vice President" was written by the vice president's daughter, Charlotte Pence, and illustrated by second lady Karen Pence, a watercolor artist. The book, which is out Monday, "gives young readers a bunny's-eye view of the special duties of the vice president," per its publisher.Not to be out-bunned, HBO's "Last Week Tonight" released its own version, "Last Week Tonight with John Oliver Presents a Day in the Life of Marlon Bundo."The late-night comedy news program's book "tells the story of Vice President Mike Pence's famed pet rabbit's same-sex wedding," per its publisher."I live with my Mom, Grandma, and Grampa in an old, stuffy house on the grounds of the U.S. Naval Observatory. That's because my Grampa is the vice president. His name is Mike Pence. But this story isn't going to be about him because he isn't very fun. This story is about me, because I'm very, very fun," an excerpt of the spoof Bundo book reads alongside a watercolor picture of the rabbit, clad in a multicolor bow tie, hula-hooping on the grounds of the vice president's residence.Pence was criticized during his time as Indiana governor for his positions on issues important to the LGBTQ community, including signing a religious freedom bill into law in 2015.A spokesperson for Regnery Publishing, which issued the Pences' book, called the parody "unfortunate.""It's unfortunate that anyone would feel the need to ridicule an educational children's book and turn it into something controversial and partisan. Our and Mrs. and Charlotte Pence's goal is -- and will continue to be -- to educate young readers about the important role of the vice president, as well as to highlight the charities to which portions of the book proceeds will be donated," the spokesperson said in a statement.The proceeds of "A Day in the Life of Marlon Bundo" will be donated to The Trevor Project and AIDS United, while the Pences will donate a portion their proceeds to A21, a nonprofit focused on combating human trafficking, and an art therapy program at Riley Hospital for Children.The parody version of the book was the No.1 bestseller on?Amazon.com Monday morning. The Pence version ranked 15th. 2464