Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes

Not to worry, Stone, these far left loons are now basing their 2026 run on, "President Trump does not know how to tie a tie.

Our Republic is safe.
Trump is playing a game of chicken. Trump is driving a Semi Truck and Canada is driving a VW Bug.
 

Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes​





By JOSH BOAK, ROB GILLIES and MICHELLE L. PRICE

Updated 9:19 PM EDT, March 11, 2025


▶ Follow live updates on President Donald Trump and his new administration
WASHINGTON (AP) — President Donald Trump ‘s threat Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Canada led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States.

As a result, White House trade adviser Peter Navarro said the U.S. president pulled back on his doubling of steel and aluminum tariffs, even as the federal government still plans to place a 25% tariff on all steel and aluminum imports starting Wednesday.

The drama delivered a win for Trump but also amplified concerns about tariffs that have roiled the stock market and stirred recession risks. Tuesday’s escalation and cooling in the ongoing trade war between the United States and Canada only compounded the rising sense of uncertainty of how Trump’s tariff hikes will affect the economies of both countries.

The drama delivered a win for Trump.

Indeed it did.

Trump continues to emasculate the globalists.

HIP HIP

Canada is holding a pair of jacks,........Meanwhile POTUS is holding a royal flush. Canada can bluff all they want to but at any time POTUS can just push all the chips in and drop that hand on the table and the jig is up. Canada like the Libtards of America will learn too. POTUS is now dealing in behavioral modification both at home and abroad. There's a new Sheriff in town boys and this one will hang your ass in the public square without batting an eye.

PUT ANOTHER WAY (PRO trump SPIN REMOVED...)

trump BACKS DOWN ON HIS DOUBLE TARIFF THREAT AFTER CANADA THREATENS TO HIKE ELECTRICITY RATES FOR AMERICAN CUSTOMERS....
 
Proof that we are in a recession
I doubt we are in a recession yet, but I do believe it is unavoidable right now. We will have to wait and see.

According to a traditional definition, the U.S. is not currently in a recession.
The over simplified definition is two quarters of negative growth, but the recession starts at the beginning of the negative growth. So if the first and second quarter of 2025 has negative growth, then we were in a recession starting in the first quarter of 2025, but did not know it until 7 or 8 months later.

Modern economists still use that definition as a reference, but use much more complex definitions to actually define a recession. That being said, recessions still start before we know we are in a recession.
 
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