Trump Low-Key 'Bout to Flex on Canada with Mad Tariff Hikes 😬
Trump to double steel and aluminum tariffs on Canada: White House press secretary. Okay, so Trump's about to hit Canada with some serious cap. He's doubling the tariffs on steel and aluminum imports to 50%, effective Wednesday. White House says it's all about boosting U.S. biz and saving jobs. Canad
TL:DR
Okay, so Trump's about to hit Canada with some serious cap. He's doubling the tariffs on steel and aluminum imports to 50%, effective Wednesday. White House says it's all about boosting U.S. biz and saving jobs. Canada's playing it cool for now, focusing on finding new buyers for their steel. Trade ministers are meeting, but things are looking kinda sus, TBH.
Spill the Tea ☕️
Aight, listen up, fam. Trump's about to drop a bomb on Canada's steel and aluminum game. He's signing an order to double the tariffs, from 25% to a whole 50%. Yeah, you heard that right. This ain't a drill.
The White House Press Sec low-key said this is all about making America great again, protecting U.S. steel and aluminum industries, and keeping those jobs secure. Apparently, Trump been saying this since day one, so he's just keeping it 100.
Canada's vibe right now? Kinda chill, but also plotting, for real. Government peeps aren't saying much 'til the ink's dry on the order. Instead, they're focusing on finding new markets for their steel and pushing for more Canadian steel to be used at home. Smart move, tbh.
The Canada-U.S. Trade Minister is in D.C., tryna smooth things over with the U.S. Secretary of Commerce. Meanwhile, Trump was out here touring a steel plant and flexing on Truth Social, saying the tariff hike is "great news" for workers.
The only one that's bussin' with the U.S. is the UK; they're gonna continue to keep the rates at 25%, no cap. Canada's Ambassador to the U.S. are in discussions with U.S. to fix this sus activity and ensure it follows the CUSMA.
But here's the tea: this could be a major L for Canada's steel industry. Over 90% of their steel and aluminum goes to the U.S., so a tariff hike is gonna sting, fr fr. But the Ontario Premier thinks a trade deal is on the horizon and that it can happen "quickly". Let's see if that plays out, y'all. 👀
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| Low-key | Secretly, subtly. |
| Flex | To show off, boast. |
| Mad | A lot of, very. |
| TBH | To be honest. |
| Keeping it 100 | Being honest and authentic. |
| D.C. | Washington D.C. |
| Major L | Big loss. |
| 👀 | Implies something is about to go down, or there is drama ahead. |
| Bussin' | Really good, amazing. |
| Sus | Suspicious, suspect. |
| No cap | No lie, for real. |