Trump says he will double tariffs on Canada metals to 50%.
Trump says he will double tariffs on Canada metals to 50%.
US President Donald Trump has today announced massive new tariffs on Canadian steel and aluminium, while threatening to "shut down" its car industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the US.
Aaaand he went back on it already.
Donvict the OLD, Demented and Unreliable
He's clearly a Russian asset. Theres no rational thought or ideology here - he's just fucking shit up for fucking shit up sake and USA can't do anything about it.
lol, this guy...
DOUBLE IT
He's probably having his stock broker sell off a bunch of stuff, announcing tariffs, then buying back. His stock transactions should be public record while president.
He shouldn’t even be allowed to own any stocks as president
Thank you! It's ridiculous how much even people opposed to Trump have allowed him to frame the debate.
Fucker should've been impeached and removed on Inauguration Day -- 2017, let alone 2025 -- for Emoluments Clause violations alone.
Holding public office is supposed to be an act of service. All federal and probably all state politicians and their staff should not be allowed to own any individual stocks or companies, including any mutual funds without diverse holdings. And the right people to lead would be glad to do it and to transparently demonstrate their compliance.
But nope. The system is designed to attract and reward scumbags. Mainstream society tells us that loathsome narcissistic sociopaths who happen to accumulate a large net worth are the pinnacle of human existence and we should be thanking them for dragging us out of the dark ages.
Confirmed already; $1-5M lunch buy-ins with corporate execs per head - the topic? Tariff exemptions.
Who cares about billions and trillions of wealth destruction of the public coffers when he can make millions per day personally?
Insanity is doing the same thing over and over again and expecting different results.
Such a great Deal ArtistTM
Whoa. That's a big fuckin tariff
Hold on to your butts yall we're having a Depression
The great negotiator says, “Oh yeah?! Well +1 to whatever you say! Times infinity!”
Well it was nice having... (checks notes)... metal.
That's heavy!
Does he think Detroit is in Canada?
Large parts of US car manufacturing went to Canada over the years as Detroit rotted. The problem is that tariffs won't bring it back, it will just bankrupt the car companies. Which is fine for Musk, not so much for everyone else.
Damn. Trump is doing a really good job punching himself in the cock.
I'd say he's doing a better job of punching everyone else in the cock while he has immunity from prosecution.
welp rip to the us housing and automobile market. hope you weren't planning on buying a house or car anytime soon.
Thankfully I have a home and a good car so I am fine but I am pissed because I have nieces and nephews that are entering the world of parenthood and won't be able to buy a family vehicle or a starter house. This also kills any of my planned home renovations because I won't be able to afford lumber if the orange turd pisses off the Canadians further and tariffs lumber further.
Can I just say the idea of starter house is seeming really out of touch when most people in the country will never own a home.
Canadian Metal? Oh no! What will Annihilator, Voivod and Anvil do now?
Ayo join the club buddy! !thrashmetal@lemmy.world. Nice to find a metalhead out in the wild. (Sorry for the shameless plug ;) ).
team up with archspire!
I'm still crying because Martyr broke up ages ago, how can they do this to me now!
do you think trump actually believes he can sanction canada into surrendering national sovereignty or is this part of some idiot gambit to crash the us economy on purpose
It's just destruction and chaos to weaken Russia's competition.
Yes and yes. Putin engineered the situation to be a win for him in either case.
Getting Canada to surrender sovereignty is the bit. Crashing the economy is a happy coincidence for him. The true goal is profiting from the chaos in between it all.
His negotiation strategy is to demand 1 billion dollars and settle for $3.50. which is fine when you're a TV personality, less so when you have nuclear weapons.
can we just give him a dollar?
Just living in Lordran at the end of the Age of Fire it seems. Trump's gone hollow.
do we rekindle the bonfire of capitalism, or do we extinguish it
That thing, your Civil Rights, give it to me.
You can't fight stupid, because stupid is unpredictable and obeys no clear logic.
If he doubles it again it means he totally has a rad, bigly penis.
Do we know if these increased metal tariffs go live now or in April?
According to this article Wednesday is the day