Trump Increases Tarrifs On Steel 50% In Retaliation For Ontario Power Tarrifs

[Economy 52,860]

8 minutes ago, jacs vs looser said:

Believe it or not, this actually benefits the ultra wealthy aka Donald and Friends.

How? Instability due to tariffs makes stock markets crash, meaning stocks loose value becoming really cheap allowing for Donald and company to buy a lot, then Trump goes: "nevermind, Tariffs lifted", market recovers and they all multiply their profits. Of course, regular people suffer a lot because of this, but they have never cared about that.

Yeah. I meant any country as a whole lol

[Morphine Prince 109,682]

President Trump's administration halts plan to double steel and aluminium tariffs for Canadian imports to 50%, senior US officials say

[Economy 52,860]

1 hour ago, Morphine Prince said:

President Trump's administration halts plan to double steel and aluminium tariffs for Canadian imports to 50%, senior US officials say

Source: Fords Twitter

 

Please see a joint statement from United States Secretary of Commerce Howard Lutnick and myself:   Today, United States Secretary of Commerce

@howardlutnick and Premier of Ontario Doug Ford had a productive conversation about the economic relationship between the United States and Canada.   Secretary Lutnick agreed to officially meet with Premier Ford in Washington on Thursday, March 13 alongside the United States Trade Representative to discuss a renewed USMCA ahead of the April 2 reciprocal tariff deadline. In response, Ontario agreed to suspend its 25 per cent surcharge on exports of electricity to Michigan, New York and Minnesota.

[Flareon Voyager 379]

And now folding as I predicted.

[Guest]

there is no way this can be done for any longer than a few weeks

[Economy 52,860]

38 minutes ago, Flareon Voyager said:

And now folding as I predicted.

Not sure its a fold. If it was Trump would be gloating about it like crazy. 

 

They invited him for a meeting and Trump said it was good he didnt do that. I think Trump actually got scared tbh tho obviously he wont say that

 

Edit: oh did u mean Trump fold? Lol sorry I thought you were saying Ford Folded

[PartySick 172,545]

8 hours ago, Economy said:

Trump get a grip

He can only grab one thing and reality ain't it

[Flareon Voyager 379]

40 minutes ago, Economy said:

Not sure its a fold. If it was Trump would be gloating about it like crazy. 

 

They invited him for a meeting and Trump said it was good he didnt do that. I think Trump actually got scared tbh tho obviously he wont say that

 

Edit: oh did u mean Trump fold? Lol sorry I thought you were saying Ford Folded

Well both. But Trump folded first. I hope Canada doesn’t just move on quickly from this if Trump is just going to do the same in next month.

[Mr S 8,794]

8 hours ago, jacs vs looser said:

Believe it or not, this actually benefits the ultra wealthy aka Donald and Friends.

How? Instability due to tariffs makes stock markets crash, meaning stocks loose value becoming really cheap allowing for Donald and company to buy a lot, then Trump goes: "nevermind, Tariffs lifted", market recovers and they all multiply their profits. Of course, regular people suffer a lot because of this, but they have never cared about that.

This is what I was hoping he was doing. But with Trump I don't know.