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
- Thread starter Earl
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Tbird19482
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I wouldn't be getting so cocky . Canada can still do a lot of harm to the US economy.
You are quite pleased that trump was able to put us into a recession.Trump got 'em all kerfluffled then got what he wanted.
All y'all who know what the game is, never give that away!
With our economy. And he failed.
We have built supply chains with Canada and Mexico over decades. We cannot keep remaking them on trump's hourly whims.
Proof that we are in a recession, Rarely Right Walter.
According to a traditional definition, the U.S. is not currently in a recession.
Nomad
Every trumper is a N4T.
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.
Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes
President Donald Trump’s threat to double his planned tariffs on steel and aluminum from 25% to 50% for Canada has led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States.apnews.com
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....
I doubt we are in a recession yet, but I do believe it is unavoidable right now. We will have to wait and see.
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.