Joe Brusuelas says "when everything is an ongoing negotiation" there's uncertainty about how tariffs will be digested domestically and abroad. He points to Alcoa (AA) as one company that could suffer because of the potential hit to the steel industry. Joe believes the U.S. will start with a 20% universal tariff, or potentially a tiered level based on trade. Joe believes Mexico and the United Kingdom will be among the first countries to come to a deal with the U.S.