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Wall Street is worried about a trade war.The Dow dropped 420 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports. The Nasdaq and the S&P 500 declined 1.3% apiece.Trump's controversial tariff announcement caught investors off guard and immediately raised concerns about retaliation from China or other major U.S. trading partners."This is the first shot across the bow over a trade war," said Art Hogan, chief market strategist at B. Riley FBR. "And nobody wins a trade war."Trump said his administration would impose a 25% tariff on steel imports and a 10% tariff on aluminum. It was not immediately clear whether Trump would exempt some countries from the tariffs, as his national security advisers have urged him to do to avoid hurting U.S. allies.Corporate America has warned Trump that tariffs could backfire. Last month, the Business Roundtable warned of the risk of "foreign retaliation" that would "harm the U.S. economy."Investors will be looking to see how U.S. trading partners react to the tariffs.Beyond worries about retaliation, the tariff news drove concerns about rising costs for companies that rely heavily on aluminum and steel, like auto and plane makers. Imports make up about a third of the steel American businesses use every year, and more than 90% of aluminum used here. Shares of Boeing fell 3% General Motors dipped 4%, and Ford dropped 3%.Related: NY Fed chief: Tariffs risk 'trade war'If the tariffs result in higher prices on steel and aluminum, companies that rely on those products may pass on some of the costs to consumers. That raises the specter of creeping inflation."This clearly will [lead to] higher prices in the production chain, which is part of the inflation path," said Quincy Krosby, chief market strategist at Prudential Financial.The timing of the tariff news surprised Wall Street. A formal announcement was expected at some point Thursday, but then it was called off. Later, Trump mentioned his tariff plans in a hastily arranged listening session with steel and aluminum executives. And he didn't provide crucial details, such as whether certain countries will be exempted.Concerns about trade come at an already shaky time on Wall Street. The S&P 500 and Dow fell about 4% in February, their worst month in two years. Fears about inflation and soaring bond yields caused a surge in volatility, including two 1,000-point plunges for the Dow.The market had come back as investors focused on the strong economy and booming corporate profits. But stocks fell sharply again on Tuesday and Wednesday, putting the Dow is back in negative territory for the year.Turbulence has picked up as well. The VIX volatility index spiked 15% on Thursday. Selling pressure will climb as volatility increases, Krosby said.At least two corners of the stock market cheered Trump's tariff announcement. U.S. Steel and AK Steel soared 6% and 10%, respectively.Century Aluminum also spiked 7%. Another major aluminum maker, Alcoa, gained 1%.Trump's tariff moves could force investors to confront another trade issue: NAFTA. Trump has repeatedly threatened to tear up this major trade deal with Canada and Mexico. Talks to renegotiate NAFTA, a major piece of the U.S. economy, have so far failed to produce a solution."It sets off the protectionist fears that had been lying dormant," said Hogan.— CNN's Jeremy Diamond contributed to this report.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3547

WASHINGTON — Stimulus checks and unemployment benefits may be getting a lot of the headlines, but plenty of businesses stand to gain from Congress' latest economic relief package. After all, while 0 stimulus checks for those making under ,000 a year and 0-a-week unemployment bonuses for those out of work will help many struggling, aid to businesses may prevent millions of layoffs in the coming months. AIRLINESThe airline industry has been hit particularly hard this pandemic. The new relief package provides billion to airlines to keep their payrolls operating. American Airlines and United Airlines have already indicated they will begin hiring back furloughed employees as a result of the infusion of cash. ENTERTAINMENT VENUES The arts have been impacted greatly during this pandemic and shows are expected to be canceled throughout much of 2021. The bill provides billion for entertainment venues and the arts to help offset losses. RESTAURANTS The restaurant industry has struggled for nearly a year now and no targeted relief is included in the bill. Restaurants owners will have access to more than 0 billion dollars' worth of Paycheck Protection Program loans, however. This time they will be able to receive higher amounts and use the loans for more things other than payroll, such as remodeling their facility to make it safer or buying perishable items. LANDLORDS billion is included in rental assistance to help tenants pay the rent. This in turn helps landlords who have struggled as well with some tenants being out of work and behind on payments. Congress also extended the moratorium on evictions through the end of January. 1677

WASHINGTON (AP) — Just 7 years old, Jackeline Caal was picked up by U.S. authorities with her father and other migrants this month in a remote stretch of New Mexico desert. Some seven hours later, she was put on a bus to the nearest Border Patrol station but soon began vomiting. By the end of the two-hour drive, she had stopped breathing.Jackeline hadn't had anything to eat or drink for days, her father later told U.S. officials.The death of the Guatemalan girl is the latest demonstration of the desperation of a growing number of Central American families and children showing up at the U.S.-Mexico border, often hoping to claim asylum, and it raises new questions about how well authorities are prepared.Customs and Border Protection said Friday that the girl initially appeared healthy and that an interview raised no signs of trouble. Her Spanish-speaking father signed a form indicating she was in good health, authorities said, though a Guatemalan official said late Friday that the family's native language was a Mayan dialect.CBP Commissioner Kevin McAleenan said agents "did everything in their power" to save her.The episode drew immediate questions from members of Congress and others about whether more could have been done. There were only four agents working with a group of 163 migrants, including 50 unaccompanied children, and only one bus to take them to the nearest station 94 miles away. The protocols the agents followed failed to alert them to any signs of distress until it was too late."A 7-year-old girl should not be dying of dehydration and shock in Customs and Border Protection custody," Senate Minority Leader Chuck Schumer tweeted.The Rev. John L. McCullough, president of Church World Service, said her death was a result of "the administration's immoral war on immigrants." He declared, "People don't walk thousands of miles unless they are desperate for freedom at the end of their journey." The Homeland Security Department's inspector general opened an investigation.The girl and her father, 29-year-old Nery Caal, were arrested with the large group near the Antelope Wells border crossing at about 9:15 p.m. Dec. 6. The rugged, mountainous area is home to ghost towns and abandoned buildings from Old West homesteader days. It's an unforgiving terrain where Geronimo made his last stand and remains largely isolated with no cell service and few unpaved roads. The sparsely used official port of entry is open from 10 a.m. to 4 p.m.The group was held at one of 17 "forward operating bases" in Arizona, New Mexico and Texas — spartan facilities built in recent years to increase official U.S. presence in extremely remote areas. Agents live there on weeklong assignments because driving back and forth every day from their stations would consume enormous amounts of time.Jackeline and her father were held in the facility with food and water but no medical aid.CBP officials say the drive from Antelope Wells to the nearest Border Patrol station in Lordsburg can take hours.With the migrants, the agents went over an intake form that reads: "Receiving screening will be performed by professional or paraprofessional personnel trained to recognize the state of conscious, quality of gross motor function, fever or other signs of illness upon arrival at the facility."According to the form, the girl showed no sign of illness. She was not sweating, had no tremors, jaundice or visible trauma and was mentally alert."Claims good health," the form reads. Jackeline's father appeared to have signed the form, which was obtained by The Associated Press.The final question is whether she should be in a general population, referred for non-emergency medical care or referred for emergency medical care. The "general population" box is checked.Arresting such large groups poses logistical problems for agents, who have to wait on transport vans that are equipped with baby seats to take the migrants to processing facilities, some which are far from the border.There is a single bus that transports migrants to and from this area to the base in Lordsburg, and, following protocol, the other minors filled the first bus while the daughter and her father waited.It's not clear whether Jackeline ate or drank anything while in custody.The father and daughter did not board the bus until 4:30 a.m. She began vomiting at 5. The bus continued — there was no way to receive medical care where they were, officials said — and radioed ahead to have emergency medical technicians available when they arrived in Lordsburg. By the time they arrived, at 6:30, she had stopped breathing.Emergency crews revived her, and she was airlifted to an El Paso, Texas, hospital, while the father was driven there. The girl died at about 12:30 a.m. Dec. 8. Officials said she had swelling on her brain and liver failure. An autopsy was scheduled to determine her girl's death. The results could take weeks.CBP said Friday it didn't immediately publicize the death out of respect for the family but is reviewing its disclosure practices. Commissioner McAleenan didn't mention the girl's death when he was questioned by senators this week on border issues."The agents involved are deeply affected and empathize with the father over the loss of his daughter," McAleenan said Friday. "We cannot stress enough the dangers posed by traveling long distances, in crowded transportation, or in the natural elements through remote desert areas without food, water and other supplies."White House spokesman Hogan Gidley described Jackeline's death as "a horrific, tragic situation" and called for "commonsense laws to disincentivize people from coming up from the border," crossing illegally.Guatemalan consular officials said they had spoken with the father who was deeply upset. Tekandi Paniagua, the Guatemalan consul in Del Rio, Texas, said the family's native language was Ki'che', a Mayan dialect spoken in the country's highlands.Arrests in the U.S. have surged since summer, with many prospective migrants coming from the highlands, where Mayan dialects flourish.In many ways, the group of 163 migrants that included the girl offers a snapshot of how dramatically the border has changed in recent years. In November, there were 51,001 arrests of people entering the country illegally from Mexico — the highest of Donald Trump's presidency — and more than half were traveling as families or unaccompanied children.It was unclear if any in the group expressed fear of returning home, but families and children increasingly seek out agents to pursue asylum or other humanitarian protection, avoiding an often life-threatening effort to elude capture in remote areas.The Trump administration has made curbing illegal immigration a signature issue — and some advocates say its policies are prompting more people to cross in perilous ways. Immigration officials say their system is strained and not equipped to handle such a high volume of families who can't be easily returned, but there is resistance to suggestions to change facilities to better accommodate families. The government notes there are many other border missions, including trade, commerce and counterterror efforts.___Spagat reported from San Diego. Associated Press Writers Astrid Galvan in Phoenix, and Sonia Perez D. in Guatemala City, and Russell Contreras in Albuquerque, New Mexico contributed to this report. 7395

WASHINGTON — The Republican-led Senate has voted to advance Supreme Court nominee Amy Coney Barrett toward final confirmation despite Democratic objections. Barrett’s confirmation on Monday is hardly in doubt, with the majority Republicans mostly united in support behind President Donald Trump’s pick. But Democrats are poised to keep the Senate in session into the night in attempts to stall, arguing that the Nov. 3 election winner should choose the nominee to fill the vacancy left by the late Justice Ruth Bader Ginsburg. Republicans are excited by the chance to install a third Trump justice on the court, locking in a conservative majority for years to come. 673

WASHINGTON — U.S. government agencies were ordered Monday to scour their networks for malware and disconnect potentially compromised servers after authorities learned that the Treasury and Commerce departments were hacked in a monthslong global cyberespionage campaign discovered when the prominent cybersecurity firm FireEye learned it had been breached. Monday afternoon the Department of Homeland Security itself was added to the list of agencies that have been compromised, according to the Washington Post. The list of victims is expected to grow and could include both more government agencies and private companies. FireEye would not say who it suspected. But many experts believe the operation is Russian given the careful tradecraft. FireEye says foreign governments and major corporations were also compromised. Federal agencies have long been attractive targets for foreign cyberspies. The Department of Homeland Security's cybersecurity arm warned government agencies of an "unacceptable risk" the executive branch. "SolarWinds Orion products (affected versions are 2019.4 through 2020.2.1 HF1) are currently being exploited by malicious actors. This tactic permits an attacker to gain access to network traffic management systems," the emergency directive issued Sunday night reads. SolarWinds is a hugely popular piece of server software. It's used by hundreds of thousands of organizations globally, including most Fortune 500 companies and multiple U.S. federal agencies, which will now be scrambling to patch up their networksSolarWinds also warned its customers Monday to quickly update their software, and said it was advised that the attack was “likely conducted by an outside nation state and intended to be a narrow, extremely targeted, and manually executed attack, as opposed to a broad, system-wide attack.”A Kremlin spokesman said Monday that Russia had “nothing to do with” the hacking. 1921