• schema@lemmy.world
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    20 hours ago

    The U.S. lacks the production capacity to meet domestic demand for steel and aluminum, else imports wouldn’t be necessary. I.e. domestic aluminum only covered about 15% of demand in 2024

    With a 50% tariff, businesses relying on these materials will still have to import, but at much higher costs.

    Trump believes this will boost domestic production, and even if that was true it would take years. However, in reality, it will likely reduce consumption due to skyrocketing prices, leading to lower demand, layoffs, and eventually recession.

    The 1920s are calling.

    • Redditsux@lemmy.worldOP
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      16 hours ago

      Aluminum requires a ton of cheap electricity/energy to produce. Which certain provinces in Canada have abundance of, along with the ore. Production isn’t going to US because he put tariffs.

  • Buffalox@lemmy.world
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    1 day ago

    Russian agent in White House put tariff on Aluminum from neighboring very hostile country Canada, and plans to get it very cool and very legal from Russia instead.
    The Russian agent has allegedly been identified, but Americans have decided it’s OK to have Russian agents in the White House now.

    Read Next: Americans puzzled about why nobody likes them anymore.

    • kamenLady.@lemmy.world
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      24 hours ago

      What really concerns me, is that even here in Germany i hear people saying “eh, Trump is ok, at least he’s doing something”.

      It’s not only a few that think like this and it’s always the same people that are anti vaccine, anti trans rights, anti woke.

      I don’t like this timeline anymore, but the reset button isn’t working…

      • Tujio@lemmy.world
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        23 hours ago

        It was pretty eye-opening when I was in Germany and Austria a couple years ago and heard people parroting the EXACT right-wing taking points I hear in the States.

        • Buffalox@lemmy.world
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          22 hours ago

          There are always the 10% idiots, unfortunately AfD somehow got 20% of the vote.
          The people who love fascism think it’s their chance now. But they are mistaken. Europe is not giving in to that again.

    • curbstickle@lemmy.dbzer0.com
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      24 hours ago

      As an american, a slight correction.

      Read Next: about 40% of Americans puzzled about why nobody likes them anymore. Another 40% puzzled about why anyone still likes them. 20% didn’t understand the question, and refused to elaborate.

      • brrt@lemm.ee
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        19 hours ago

        The second 40% is puzzled why Russia likes them? Do they life under a stone or stmh?

  • teawrecks@sopuli.xyz
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    15 hours ago

    Did the article change out from under you? This title is now literally the opposite of the actual article’s title: “Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes”

  • ThePantser@sh.itjust.works
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    1 day ago

    His responses sound like robotic Civilization responses. Canada is a high tariff nation because of you dumbass.

    “I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD,” Trump posted Tuesday on Truth Social.

        • Someonelol@lemmy.dbzer0.com
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          24 hours ago

          IIRC Sriracha had an exclusive provider for their peppers as they provided a unique taste to it. The company then decided to demand lower prices from the farmers causing them to have a falling out. The sauce was unavailable for a long while and when it was brought back it no longer tasted the same, at least IMO. I still eat it occasionally but not as much as before.

          • bane_killgrind@slrpnk.net
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            15 hours ago

            Yeah I’m imagining this falling out ends up with us offering another country good rates on purchasing our stuff.

          • buddascrayon@lemmy.world
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            23 hours ago

            Is THAT why the flavor is so different now??? I never knew! I used to love Sriracha but now it tastes synthetic and unpleasant.

            • ysjet@lemmy.world
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              21 hours ago

              Iirc the guy that farmed the original sirracha peppers makes his own hot sauce now with them after the falling oot- tastes exactly like the old sirracha, just under a different name.

  • iAvicenna@lemmy.world
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    17 hours ago

    well he will find out that bullying countries is not the same as bullying students in college or bullying your white collars

    • randon31415@lemmy.world
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      24 hours ago

      No, he rescinded the ones from February so that his base can go around saying “What tarrifs? He rescinded them,” while simultaneously complaining about the retaliation tarrifs.

      Basically MAGA thinks only Canada currently has tariffs on us.

  • Tiefling IRL@lemmy.blahaj.zone
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    1 day ago

    Still too low, I think he should raise it to 100%! (/s) Anyway how is CPC’s 30 point lead doing today? To shreds you say, tsk tsk tsk