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.

  • lipilee@feddit.nl
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    8 hours ago

    are you saying nordic metal riffs are now turning into nordic metal tariffs?

  • ceenote@lemmy.world
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    1 day ago

    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.

      • chiliedogg@lemmy.world
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        8 hours ago

        Prior presidents had their assets placed in blind trusts, and they didn’t know where they were invested. They didn’t even know how wealthy they were until they left office.

      • grue@lemmy.world
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        23 hours ago

        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.

      • Zink@programming.dev
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        21 hours ago

        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.

    • DarkWinterNights@lemmy.world
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      23 hours ago

      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?

  • Tac0caT@lemmy.world
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    1 day ago

    The great negotiator says, “Oh yeah?! Well +1 to whatever you say! Times infinity!”

    • wewbull@feddit.uk
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      4 hours ago

      Detroit doesn’t exist for him. There’s something strange about the place which it’s always located in a blind spot for him.

    • Skyrmir@lemmy.world
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      1 day ago

      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.

  • katy ✨
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    1 day ago

    welp rip to the us housing and automobile market. hope you weren’t planning on buying a house or car anytime soon.

    • ThePantser@sh.itjust.works
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      1 day ago

      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.

  • Match!!@pawb.social
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    1 day ago

    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