Trump’s 50% tariffs on foreign steel and aluminum come into effect
Trump’s 50% tariffs on foreign steel and aluminum come into effect
Trading partners around the world express anger including Mexico which buys more steel out of the US than it sends the other way
Trading partners around the world express anger including Mexico which buys more steel out of the US than it sends the other way
The US has doubled tariffs on foreign steel and aluminum imports to 50%, pressing ahead in the face of criticism from key trading partners with a measure that Donald Trump says is intended to revive the American industry.
About a quarter of all steel used in the US is imported and data shows the increased levies will hit the closest US trading partners – Canada and Mexico – especially hard. They rank first and third respectively in steel shipment volumes to the US.
This is absolutely tanking my ability to eat and pay bills. Yipee!
Maybe you should look towards eating something other than steel or aluminum. (but seriously sorry you're having to deal with this)
I hear the rich are especially tasty this season
Yup, I figure I have maybe 2 weeks at this price before we get laid off. Also, ironically it'd be cheaper if they built it in Mexico because it wouldn't cross the border as much.
Illegal tariffs
This comment is illegal!
Can’t revive the damn industry by waving a magic wand. Like steel mills and mines are just going to materialize because of some tariffs?
Big beautiful tariffs 🫲🍊🫱
Grab your Tacos 🌮
Grab em by the TACO, whatever you want.
Steel is actually a good thing to tariff. China has been dumping a shit ton of steel on the global market and it hurts manufacturers in many other countries. In most countries these tariffs would be inacted because of antidumping rulings to protect the markets. They are common and quite fair. Then during the process it mostly changes towards a minimum price instead. (Like what European countries are doing regarding cheap EVs from China)
To tariff all steel instead of just the cheap steel is amazingly stupid tough. But that's the amazing mind of Trump TM.
The Guardian fired their journalists and replaced them with AI. I'd like to raise this point and see if we could be more selective with News? I think That the co-opting of our news media is just about controlling the Overton window and I would hope we could find and support independent media like Al Jazeera. Who have 15.8m subscribers on youtube and whose videos went from getting 10s of millions of views to majority under 10k in the space of a year.
just like his 1st term, and just like he said " you voted on what i campaigned on, deal with it"
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