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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

Protests broke out in downtown St. Louis on Friday afternoon hours after a judge found former police officer Jason Stockley not guilty of first-degree murder in the 2011 shooting death of black motorist Anthony Lamar Smith."This Court, in conscience, cannot say that the State has proven every element of murder beyond a reasonable doubt, or that the State has proven beyond a reasonable doubt that the defendant did not act in self-defense," St. Louis Circuit Judge Timothy Wilson wrote in his ruling.RELATED: Protests break out in downtown St. Louis after ex-cop Jason Stockley acquitted in shootingSt. Louis Circuit Attorney Kimberly Gardner said she was "disappointed" with the judge's decision. The defendant waived his right to a jury trial, meaning the ruling was left to Wilson. Stockley also was acquitted of armed criminal action. 853

President-elect Joe Biden formally introduced his picks for several high-ranking administration positions on Friday. Among them was former Obama-era UN ambassador Susan Rice to lead the White House Domestic Policy Council.Biden and vice president-elect Kamala Harris introduced the latest round of cabinet nominees in a press conference at Biden's transition headquarters in Wilmington, Delaware.Rice served as President Barack Obama's U.N. ambassador during his first term, from 2009 to 2013. She later served as Obama's national security adviser in his second term, from 2013 to 2017.Rice is the type of experienced bureaucrat that Biden has been eyeing for a Cabinet-level position, but she also comes with some political baggage, considering her involvement in handling the aftermath of the Benghazi attacks in Libya in 2012. With, at most, a razor-thin majority in the Senate, Biden has opted to grant Rice a position that does not require confirmation.Biden also introduced Rep. Marcia Fudge, D-Ohio, as his pick to run the Department of Housing and Urban Development (HUD). Fudge has served in Congress for five terms, representing the Cleveland area.On Friday, Biden also introduced Denis McDonough as his pick to run Veterans Affairs, Katherine Tai as his pick for U.S. Trade Representative and Tom Vilsack as Agriculture Secretary. 1349

RANCHO SANTA FE (CNS) - In the wake of COVID-19 shutdowns, the Helen Woodward Animal Center will launch online educational programming for children stuck at home.The center's Humane Education department will stream baby animals from 9 a.m. to 3 p.m. Monday through Friday, with a focus on a new animal every hour.Helen Woodward Animal Center has offered humane education programs dedicated to appreciating animals since its founding. The center also runs a pet encounter therapy program."The enormous growth of adoptions is based on the undeniable way pets create a happier, more loving home," center spokeswoman Jessica Gercke said. "With this in mind, Helen Woodward Animal Center is dedicating this time to bringing the gifts of animals into the homes of friends, supporters, and animal-lovers struggling with social distancing."In order to take precautions against the COVID-19 pandemic, all on- site humane education programs at the center are closed until April 6.A live stream of the animals, including puppies, rabbits, baby goats and parrots, can be viewed at animalcenter.org/programs-services/education/critter-cam. 1134

Republican Reps. Chris Collins and Duncan Hunter, who are both facing federal indictments, were re-elected to Congress Tuesday night, CNN projects.Both men were early supporters of President Donald Trump, who blasted the Justice Department earlier this year for investigating the two Republicans.Despite the federal charges against him, which he calls "meritless," Collins has been actively campaigning to keep his seat in New York's 27th Congressional District.Collins, the first House member to endorse Trump's 2016 campaign, has been charged with securities fraud, wire fraud and false statements stemming from alleged insider trading in stock of an Australian pharmaceutical company.Hunter, who represents California's 50th Congressional District, was indicted the same month as Collins in August -- but for charges of campaign corruption related to a quarter-million dollars' worth of charges on his campaign credit card. Hunter claimed he was framed by a "corrupt" Department of Justice but also placed blame on his wife.He went on to suggest that his Mexican-Palestinian-American opponent -- a 29-year-old former Obama administration aide who is Christian -- is a Muslim with ties to terrorism who would threaten the security of US soldiers.Meanwhile, Sen. Bob Menendez, a Democrat from New Jersey, survived a tough re-election bid amid dismal approval ratings following his federal corruption trial that ended in a hung jury.While the Justice Department filed to dismiss charges against Menendez, he was still admonished by the Senate Ethics Committee for accepting gifts without proper approval from a wealthy ophthalmologist and returning in kind with political favors.. 1688