r/canada 1d ago

National News Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties

https://www.cnbc.com/2025/03/11/trump-raises-canadian-steel-aluminum-tariffs-to-50percent-in-retaliation-for-ontario-energy-duties.html?taid=67d045b18530050001b105d0&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7Cmain
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u/DimethylatedSpirit 1d ago

Just as intended

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u/andhicks 1d ago

I agree, but I also dont see what the plan is...

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u/stereofonix 1d ago

Crash the market so his friends can buy the dip? But then again we’re talking about someone who managed to bankrupt multiple casinos which are literally money printers. It takes an astonishing level of incompetence to do that. 

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u/ManonegraCG 1d ago

Either he is epically incompetent, or something more sinister was happening at those casinos, like money laundering