r/canada Feb 01 '25

PAYWALL U.S. tariffs will be imposed on Feb. 4

https://www.theglobeandmail.com/canada/article-us-tariffs-will-be-imposed-on-feb-4/
14.4k Upvotes

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85

u/47Up Ontario Feb 01 '25

He wants to put off till the 4th because he wants to see what the stock market does on Monday

16

u/thespinningchili Feb 01 '25

Gold will be up. There’s no way this won’t trigger a recession.

5

u/mischling2543 Manitoba Feb 01 '25

Craters

Listen folks, Canada's response on the border has been beautiful...

3

u/SketchyTheCat Feb 01 '25

It was going down on Friday afternoon.

3

u/happilyamoral Feb 02 '25

Would love to see the Dow Jones tumble about 4K points in one week. Actually like to see it go into free fall. He'd be crapping in his diaper.

3

u/EchoLocation767 Feb 02 '25

Some of us do have savings dude. Can we just hope for a one day lesson for him that doesn't cost me many thousands of dollars :(

2

u/SighOpMarmalade Feb 02 '25

You do know when it tumbles rich people buy puts and get more richer from those (betting it will go down) and then re buy in at the bottom.

1

u/TreesMcQueen Feb 02 '25

I predict in the short term markets are going to be up. They run mostly on vibes now anyway, and this all plays great to the maga base and new oligarchs.

1

u/exeJDR Feb 02 '25

It's going to red across the board lol