Another Friday, another wildcat 50% tariff announcement. - ThreadSky

peark.es • 4 days ago

Another Friday, another wildcat 50% tariff announcement.

Comments

it's going to be super-easy for US steel producers to quickly ramp up 25% to ensure domestic production matches consumption

STEEL, the new miracle alloy of the 21st century

jonosaka.bsky.social•3 days ago

25% here 50% there, soon we're talking real numbers.

sal52.bsky.social•4 days ago

Can we just send Trump on a three and a half year long golf outing and spare us all from his moronic musings?

juanrive.bsky.social•4 days ago

Tariff grandpa

spacewranglerca.bsky.social•4 days ago

TACO'd by Tuesday, after his family made enough on their shorts and get their puts in for the bounce.

amaruq909.bsky.social•4 days ago

I knew I seen something that Nippon will have no say in the business. It was Navarro! https://www.msn.com/en-us/news/politics/trump-adviser-says-nippon-to-have-no-control-over-us-steel-after-deal/ar-AA1FLHmO Do you honestly think Nippon will go for this?

giantgooner.bsky.social•4 days ago

25% was already enough that the marginal price of steel was set by (expensive) domestic supply. This will only make a small amount of specialty steel that has to be imported considerably more expensive. So, par for the moron’s course. At least the deal is gonna close!