Trump Tariff will Kill the Economy

[BillyCarpenter]

Nope dope

How long to you think it takes to build a new automobile plant in the USA

Years the Auto industry will just wait Trump out like last time.

Your fantasy is Never going to happen

US plants will also shut down as the parts become more expensive from Canada and Mexico with 500,000 plus auto workers PISSED at the Republicans

Hilarious

You think democrats will win the next election? I don't see it.

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Thus far Canada's steel and aluminum companies are on the verge of going out of business and that will result in new American high paying jobs. I suspect that most of the Canadian auto business will shut down and move to America. But it will depend on how long the Trump tariffs remain in effect.

Over the years the free trade agreements that we agreed to has destroyed entire industries and cities. See: Detroit and the Rust Belt.

Nope dope

How long to you think it takes to build a new automobile plant in the USA

Years the Auto industry will just wait Trump out like last time.

Your fantasy is Never going to happen

US plants will also shut down as the parts become more expensive from Canada and Mexico with 500,000 plus auto workers PISSED at the Republicans

Hilarious

[BillyCarpenter]

Thus far Canada's steel and aluminum companies are on the verge of going out of business and that will result in new American high paying jobs. I suspect that most of the Canadian auto business will shut down and move to America. But it will depend on how long the Trump tariffs remain in effect.

Over the years the free trade agreements that we agreed to has destroyed entire industries and cities. See: Detroit and the Rust Belt.

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Tesla, Tariffs and a Market Meltdown Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.

As the MAGA morons cheering for a recession

[BillyCarpenter]

Steel company with plants in Ontario and Quebec slashes workforce citing U.S. tariffs

'It's not just a steel plant. It's also a whole community,' mayor says of impacts




More than 100 workers at a steel plant in eastern Ontario are being laid off either temporarily or permanently, as a company with facilities in Quebec and Ontario cuts its workforce due to challenging market conditions — including U.S. tariffs.

In a Wednesday statement, the United Steelworkers union said 30 workers have already received permanent layoff notices at the Ivaco Rolling Mills plant in L'Orignal, Ont., located about 90 kilometres northeast of Ottawa.

Beginning next week, the other 120 workers at the facility are being laid off for one week, the statement read.


"There's a lot of worry on the shop floor," said Richard Leblanc, an eastern Ontario area coordinator for the union.

"It's quite difficult to make plans around that kind of hostility, if I may say."


The company, Canada Metal Processing Group (MPG Canada), issued a news release back on Feb. 24 about the decision to reduce its workforce — before the current tariffs went into effect.

In the release, the company said it's reducing its workforce by 140 workers due to challenging market conditions — including threatened U.S. tariffs that are now in place.

The mere threat of tariffs had already reduced demand for MPG's products at the time of that release, according to the company, and U.S. President Donald Trump has since slapped a 25 per cent levy on steel and aluminum coming into the U.S. from Canada.

MPG also cited "trade challenges in Canada" and the "increased challenge of unfair trade imports into Canada" as a factor in its forecasted lower demand.

'Depressing for a lot of people,' resident says
L'Orignal resident Louise Seguin said one of her sons has worked at Ivaco Rolling Mills for 15 years. She called news of the layoffs "awful."

"If there's no Ivaco, there's no more work here," she said. "The town will be finished."

https://www.cbc.ca/news/canada/ottawa/steel-company-with-plants-in-ontario-and-quebec-slashes-workforce-citing-u-s-tariffs-1.7483206

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[Copier Addict]

Another Bad day for Stock Market


The selloff extends a rout in US markets that has been driven by the uncertainty around Trump’s tariff announcements.
Trump indicated Thursday that he is “not going to bend” on the 25% tariffs on steel and aluminum, vowing that any resulting economic disruption “won’t be very long.”

“No, I’m not going to bend at all aluminum or steel or cars. We’re not going to bend. We’ve been ripped off as a country for many, many years,” Trump told reporters in the Oval Office.

Markets dipped to their lowest level of the day after Trump’s remarks.

Poor imbecilic trumpy. Always the victim.

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Another Bad day for Stock Market


The selloff extends a rout in US markets that has been driven by the uncertainty around Trump’s tariff announcements.
Trump indicated Thursday that he is “not going to bend” on the 25% tariffs on steel and aluminum, vowing that any resulting economic disruption “won’t be very long.”

“No, I’m not going to bend at all aluminum or steel or cars. We’re not going to bend. We’ve been ripped off as a country for many, many years,” Trump told reporters in the Oval Office.

Markets dipped to their lowest level of the day after Trump’s remarks.

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Canada and the EU swiftly retaliate against Trump’s steel and aluminum tariffs

On behalf of the American people we apologize our President is an Asshole

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Ontario, Canada imposed a 25% tariff on power it sends to Michigan, Minnesota and New York. The tariffs are in response to Trump Administration's 25% tariffs on Canada.

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Tariffs on aluminum will impact breweries across Illinois—and you may be paying for it