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President Donald Trump said Tuesday that his promised tariffs on steel and aluminum imports -- 25% on steel, 10% on aluminum -- would be applied in a "very loving way."But at least a few states might not be feeling it.Despite Trump's adverting the tariffs as a worker protection, many businesses in states that carried him in the election, including manufacturers in the Rust Belt region, rely heavily on steel and aluminum imports, according to a new report from the Brookings Institution. Brookings analyzed how reliant states are on aluminum and steel imports as a share of total state imports.Louisiana, one of the largest importers, relies on steel and aluminum imports to support its oil and gas industries. Already, Royal Dutch Shell has said a tariff could affect its decision to develop a planned Gulf of Mexico project.Wisconsin Republican Gov. Scott Walker warned the tariffs could hurt the state's canning and beer industries.Ohio has about 11,400 workers directly employed in steel and aluminum production but 410,300 in industries that use steel and aluminum, according to Crain's Cleveland. States with these kinds of imbalances could experience greater secondhand effects than they do in benefits.According to the Brookings report, four Rust Belt states -- Michigan, Ohio, Indiana and Pennsylvania -- receive 20% of the nation's total steel and aluminum imports, much of it going to Michigan's automotive and metalworking clusters. Several automotive stocks were down 2% or more after Trump's initial announcement.The Rust Belt also relies heavily on NAFTA-enabled trade with Canada and Mexico, which could be jeopardized in a trade war. Nearly 70% of US exports to Canada and Mexico are from the Rust Belt, according to Brookings.Kentucky and South Carolina, which are also home to auto manufacturing plants, are at risk from the tariffs. It could also have broader employment effects in states like South Carolina, where imports arrive. One in every 11 jobs in South Carolina depends on the state's four seaports --187,000 jobs, according to a report by CNN Money's Patrick Gillespie.The tariffs could also have broader impacts in blue states that ultimately affect one issue the President has sworn to protect: defense. Defense subcontractors in Connecticut that supply to larger defense contractors like Boeing or Lockheed Martin rely heavily on imported steel and aluminum and are at risk of having their raw material costs increase.A US Department of Commerce investigation determined that in 2017, imports of steel and aluminum goods totaled nearly billion, or about 2 percent of total US imports. Steel imports accounted for about 60% of the billion, at billion. Aluminum imports made up billion.  2750

President Donald Trump publicly criticized his own attorney general, Jeff Sessions, again on Saturday, saying this time that Sessions doesn't understand what's happening beneath him at the Department of Justice."Jeff Sessions said he wouldn't allow politics to influence him only because he doesn't understand what is happening underneath his command position," Trump tweeted. "Highly conflicted Bob Mueller and his gang of 17 Angry Dems are having a field day as real corruption goes untouched. No Collusion!"Trump has frequently criticized Sessions over the attorney general's decision to recuse himself from the Russia investigation. The President reinitiated his feud with Sessions in interview with Fox News that aired Thursday, saying that Sessions "never took control" of the Justice Department. 810

President Barack Obama, speaking in private this week, extolled what he said was the drama-free nature of his White House and said it was a "low bar" now to avoid embarrassing presidential scandals.It was a veiled but distinct jab at the current occupants of the West Wing, who have weathered a tumultuous year since Obama departed."We didn't have a scandal that embarrassed us," Obama said during closed-door remarks in Boston on Friday. Audio of the private speech -- delivered to hundreds of people attending a sports policy conference -- was obtained by the magazine Reason and published Monday. "I know that seems like a low bar.""Generally speaking, you didn't hear about a lot of drama inside our White House," he added.The oblique reference to President Donald Trump was one part of a lengthy speech Obama delivered at MIT's Sloan Sports Analytics Conference last week. Attendees were told the remarks were strictly off-the-record and that recording or reporting on them wasn't allowed.According to the audio obtained by Reason, Obama stuck largely to his post-presidential talking points, including bemoaning people who claim climate change doesn't exist."I can't have that same debate with somebody who just holds up a snowball in the middle of the Senate chamber in winter and says, 'look there's no climate change because it's snowing!' Which happened by the way. I didn't just make that up," he said, referring to a 2015 speech by Sen. James Inhofe, R-Oklahoma.He also expanded on the role social media platforms play in spreading false or toxic information, saying the US firms had a responsibility to reckon with their own responsibilities."I do think the large platforms -- Google and Facebook being the most obvious, Twitter and others as well, are part of that ecosystem -- have to have a conversation about their business model that recognizes they are a public good as well as a commercial enterprise," he said. "They're not just an invisible platform, they're shaping our culture in powerful ways."  2033

Prescription drug ads are on every channel, and with them come the laundry list of side effects tacked on at the end of every TV spot. Now, in addition to listing those side effects, you could soon be hearing about the costs.A new proposal from the Trump administration would force manufacturers to state a drug's list price in any TV advertisement.It was a goal first laid out by Human and Health Services Secretary Alex Azar back in May."If we wanna have a real market for drugs, why not have them disclose their prices in the ads too?” asked Azar. “Consumers would have more balanced info and companies would have incentives for setting their prices…"Experts on drug pricing, like John Hopkins University's Gerard Anderson, say it’s about time."If you’re buying a TV, they'll tell you what a TV costs. If the grocery store’s having a sale, they’ll say how much oranges cost. This is something that should be and is just long overdue in the pharma industry,” Anderson says.Pharmaceutical companies have pushed back via their trade group, which said that posting prices on TV could be "misleading or confusing.” Their proposal was to, instead, tell consumers that pricing information could be found on the drug's website."The problem is that most of us would never go to their website to look up that information,” Anderson explains. “And the FDA would have to monitor closely the info on their site and that could change daily. So, it’s really not a viable option."The proposal will be open for public comment for 60 days, and even if it goes into effect after that, industry experts say they're likely to face many legal challenges from the pharmaceutical industry. 1676

President Donald Trump has received at least eight different medicines and supplements since he was diagnosed with COVID-19.Several are new and approved under emergency or compassionate use orders, including Regeneron's antibody cocktail. It uses lab-created COVID-19 antibodies to boost the immune response.A late stage trial that has not been peer-reviewed yet suggests the cocktail is safe and appeared to reduce symptoms.“None of the other medicines that he's been given, whether it's Remdesivir, more recently, dexamethasone, none of them have actually been shown to have direct antiviral activity, that is, they don't lower the virus levels directly,” said Dr. George Yancopoulos, a founding scientist at Regeneron.Yancopoulos says they're getting more requests, but “compassionate use” is not intended for widespread distribution. The Food and Drug Administration would have to grant emergency use authorization“And as of course, we all know, when you're fighting a viral disease and it's a race between the virus taking over and your body beating it, and dropping viral levels would be a great indicator that that the battle is going in the right direction and that the patient is winning,” said Yancopoulos.The president also took a steroid called dexamethasone. It's used to treat inflammation and is proven to help people breathe when they need oxygen.“For patients who were hospitalized or getting oxygen, it was extremely effective in helping them walk out of the hospital under their own powers,” said Peter Pitts, President of the Center for Medicine in the Public Interest.Meanwhile first lady Melania Trump, who also tested positive, tweeted Monday that she is feeling good and will continue to rest at home. 1733

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