Trump slaps 25% tariff on steel and aluminum imports

[g5000]

According to one of his advisors today he said that the last tariff brought in 120k steel jobs.

The first time around, Trump's tariffs ended up with the largest trade deficits with China and Mexico in US history.

Insanity: Doing the same thing over and over, expecting a different result.

 

[Mack The Finger]

/----/ Jon Stewart sounds off.

Jon Stewart asks Democrats to stop 'trotting out' Chuck Schumer to counter Trump after response to tariffs | Fox News Video

Comedian Jon Stewart took aim at Sen. Chuck Schumer on Monday for his response to President Trump's proposed tariffs and asked Democrats to stop "trotting" him out.

www.foxnews.com

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It's not a good sign for the LIBs when they start loosing people like JS.

 

[Moonglow]

Canada is angry. The question is, do we apply tariffs on other nations including the U.S.? Yes, we do. I don't like tariffs against Canada but we should be 3x the size of our economy with the situation we have had for 40 years. Instead, we destroy our best and brightest. I reached out 20 years ago but our governments are arrogant and unwilling to defend citizens.

When Trump offered a complete Free Trade option at the G7 in 2017 or so, no tariffs, no subsidies or anything and none of the leaders accepted.

Now he is cornered to protect his economy.

https://www.cbc.ca/news/politics/trump-steel-aluminum-canada-1.7455173

U.S. President Donald Trump has slapped 25 per cent tariffs on all steel and aluminum imports — including from Canada — according to Reuters.


Canada's steel and aluminum industries find themselves once again watching for any news out of the White House after U.S. President Donald Trump promised to impose 25 per cent tariffs on imports.

Now yer beer will increase in price.

 

[Moonglow]

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It's not a good sign for the LIBs when they start loosing people like JS.

John Stewart is a comedian on a show that makes fun of the news on Comedy Central...Derpa...

 

[Winco]

/----/ I bought Alcoa (AA) and US Steel (X) this morning. Both are up 2% and 5% respectivily.

Good Luck.

 

[Mack The Finger]

John Stewart is a comedian on a show that makes fun of the news on Comedy Central...Derpa...

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Moonglow you forgot the word ultraliberal in your post. (between a and comedian)

BTW: thank you for not shunning me.

 

[Winco]

/----/ I bought Alcoa (AA) and US Steel (X) this morning. Both are up 2% and 5% respectivily.

Tariffs don't seem to be helping this stocks.

 

[Zincwarrior]

Tariffs on imported refined metals are a more traditional method of tariffs, designed to protect or foster development of native production.

 

[g5000]

/----/ I bought Alcoa (AA) and US Steel (X) this morning. Both are up 2% and 5% respectivily.

I'm sorry for your loss.

 

[Cellblock2429]

I'm sorry for your loss.

/—/ I’m writing covered calls on both, so $$$$ in my pocket.