THREAD: trump steel tariffs ignite fears

“TRUMP’S Steel Tariffs Ignite Fears Among UK Businesses”

17 February 2025 — President Donald TRUMP plans a 25% tariff on steel imports, causing unease in the UK. The move, described as “without exceptions,” has led UK shadow business secretary Andrew Griffith to urge negotiations for an exemption. The Department for Business and Trade warns these tariffs could harm UK steelmakers by allowing cheaper imports to undercut them.

A survey shows 37% of UK entrepreneurs fear increased operational costs due to TRUMP’s proposed tariffs. With the US accounting for 22% of the UK’s total exports, the potential impact is significant. Entrepreneurs worry about staying competitive amid these new financial pressures.

In response, the UK government is taking steps to bolster its steel industry through a Plan for Steel Consultation initiative. This strategy includes up to £2.5 billion aimed at protecting jobs and fostering economic growth within the sector. These efforts highlight ongoing challenges in international trade relations between the US and UK under TRUMP’s tariff policies.

TRUMP’S Bold Claim: ‘Above The LAW’ Post Stirs Legal Fears

16 February 2025 — Former President Donald Trump recently stirred controversy with a post on Truth Social, suggesting he is “above the law.” This comes as he faces ongoing legal battles. Trump’s words imply that actions taken to “save the country” should be free from legal scrutiny.

Legal experts warn this mixes lawful governance with authoritarianism. Trump’s message might encourage supporters to justify unlawful acts for the “greater good.” Such ideas could create a dangerous sense of impunity among leaders.

Critics argue this undermines democratic values and legal standards, potentially harming the integrity of our legal system. The trend seems politically driven, aiming to excuse illegal behavior for political goals.

For more insights into Trump’s statements and their implications, visit our full article online at (https://substack.com/home/post/p-157208710).

TRUMP’S Bold Trade Plan Sends Global Markets Into Turmoil

14 February 2025 — President Donald TRUMP is set to announce new reciprocal tariffs on Thursday. These tariffs aim to match the tax rates other countries impose on U.S. imports. This move is part of Trump’s strategy to reshape international trade and counteract barriers that hurt American businesses.

Trump’s plan has sparked discussions among global trading partners, potentially impacting economic relations and market stability. The announcement follows a memo he signed, directing his team to calculate duties that align with those charged by other nations.

In addition to trade policy changes, the Trump administration has started workforce reductions across federal agencies, affecting recent hires in departments like Education and Energy. These actions reflect a broader agenda focused on reducing government size and boosting efficiency.

Meanwhile, Southern California faces severe weather threats as heavy rains prompt evacuations due to potential debris flows in wildfire-scarred areas. Residents are urged to stay alert as CalTrans crews work tirelessly to reduce flooding risks in affected regions.

GOLD PRICES Soar: Trump’s Trade Policies Spark Investor Panic

12 February 2025 — Gold prices are reaching near record highs after President Donald Trump announced new tariffs on major trading partners like Canada, China, and Mexico. Analysts predict gold could soon hit an all-time high of $2,850 an ounce as these tariffs stir up market volatility.

Peter Cardillo from Spartan Capital Securities noted that central banks are quickly buying gold due to worries about inflation and economic stability. This rush to gold shows investor fear amid the uncertainty caused by the tariff announcement.

Trump’s trade policy aims to boost U.S. industries but has raised concerns about possible retaliatory actions from affected countries, complicating global trade dynamics. The financial community is closely watching the impact of these tariffs as international tensions rise.

Market analysts expect commodity prices, especially precious metals, to stay volatile in response to ongoing geopolitical and economic changes. Investors should stay informed as the situation unfolds rapidly.

GOLD PRICES Skyrocket: Trump’s Bold Tariffs Spark Investor Panic

11 February 2025 — Gold prices have soared to nearly $2,950 per ounce after President Trump announced new tariffs on steel and aluminum imports. Investors are rushing to gold, seeing it as a safe haven amid fears of a global trade war. This surge shows rising concerns about market instability and potential economic fallout.

The tariffs have caused big swings in both commodities and stock markets, with gold seeing the most dramatic rise. Analysts caution that these actions might lead to retaliation from other countries, making international trade relations even more complex.

Investors are keeping a close eye on U.S.-China trade talks since any changes could affect gold’s future path in the market. The situation is still developing, leaving many worried about the wider effects on global economic stability.

TRUMP’S Bold Move: Executive Order Ignites Controversy

11 February 2025 — President Donald Trump has signed an executive order directing federal agencies to work with a group led by Elon Musk. Announced during a ceremony in the Oval Office, this decision has sparked both support and criticism. Trump insists his actions aim to combat fraud and waste, despite opposition from federal judges.

The administration is under scrutiny for billions reported in government fraud and waste. Critics argue that Trump’s recent actions are creating a constitutional crisis by straining norms through staff changes and spending freezes. Meanwhile, the FBI has found new files on JFK’s assassination following another executive order from Trump.

Trump’s foreign policy remains contentious as he pushes forward with plans for Gaza amid meetings with Jordan’s King Abdullah II. The UK faces challenges due to Trump’s tariffs, causing turmoil within Whitehall and prompting calls for diplomatic solutions from UK officials like Peter Mandelson.

Congressional Republicans generally support Trump’s initiatives but worry about budget control being influenced by Musk’s involvement. Despite these tensions, the administration continues its agenda while facing legal challenges that could impact its long-term goals.

TRUMP’S Bold Moves Shake UP America And The World

09 February 2025 — President TRUMP has unveiled a plan to involve local police in immigration enforcement. This reinforces his tough stance on immigration and could affect community relations, especially in areas with many immigrants. Critics say it might strain police resources and heighten tensions.

The Trump administration has labeled diversity, equity, and inclusion (DEI) policies in university research grants as “illegal.” This decision raises concerns about political meddling in academic funding. Researchers worry it could stifle diversity and innovation in academia.

A federal judge stopped Elon Musk’s team from accessing sensitive U.S. Treasury records related to his cryptocurrency ventures. The ruling underscores worries about corporate influence over government oversight. Meanwhile, TRUMP halted Biden’s classified intelligence briefings, calling it “payback,” disrupting national security norms.

Trump’s order freezing aid to South Africa responds to a land reform law criticized for potentially taking land from white farmers without compensation. His withdrawal of support for transgender minors in a Supreme Court case is drawing backlash from LGBTQ+ groups and inspiring similar actions by GOP-led states. Canadian Prime Minister Justin Trudeau warns that Trump’s annexation comments are a national security threat, reflecting growing international tensions as Trump’s policies provoke strong reactions both at home and abroad.

TRUMP’S Bold Move: Ending Canadian Trade Loophole Shakes Up Business

07 February 2025 — Canadian businesses are facing new challenges as the U.S. ends the “de minimis” rule for duty-free imports. This change, driven by former President Donald Trump’s executive order, will now impose tariffs on goods that were previously exempt due to their low value.

Sheena Russell, founder of Made with Local in Dartmouth, N.S., is worried about rising costs affecting her snack food business. With the executive order taking effect next month, companies are bracing for higher expenses and more administrative hurdles.

This development comes when businesses are already dealing with various economic pressures. The end of this loophole is expected to cause a demand shock as Canadian companies adjust to the new trade landscape.

TRUMP’S Trade Shake-UP: Canadian Businesses Brace for Impact

07 February 2025 — Canadian businesses face new challenges as former President Donald Trump’s executive order ends the DE MINIMIS exemption for shipments entering the U.S. from Canada. This change, along with looming tariffs on Canadian goods, worries business owners. The exemption previously allowed cost-effective shipping with minimal duties, easing cross-border trade.

Sheena Russell, founder of Made with Local in Dartmouth, N.S., voiced her concerns about these changes. Businesses now expect higher costs and administrative hurdles as they adapt to new tariff rules. Compliance complexities may force significant adjustments in operations and pricing strategies for many companies.

The impact is especially troubling for small to medium enterprises that may struggle with these added burdens. The broader implications could hit the Canadian economy hard, highlighting the need for strategic planning by affected businesses. Leaders are preparing to navigate this tough landscape while seeking ways to lessen potential negative effects on their operations and profits.

TRUMP’S Trade WAR Ignites Gold Rush And Market Turmoil

03 February 2025 — Gold prices have hit a record high as investors flock to safe assets amid President Donald Trump’s new tariffs. These measures target imports from Canada, China, and Mexico, sparking worries about inflation and economic growth. JP Morgan is optimistic about gold, urging investors to buy during this dip.

Wall Street braces for losses due to fears of an escalating trade war from Trump’s tariff actions. The 25% tariffs on Canada and Mexico and 10% on China may cause “short-term” pain for Americans, according to Trump. Global markets watch cautiously as these policies unfold.

Oil prices are climbing in response to the tariffs, while metal and agricultural commodities face pressure downward. The financial landscape is shifting with markets adjusting to a potential prolonged trade conflict led by the U.S., causing the dollar to gain strength amid global trade uncertainty.

TRUMP’S Bold Trade WAR: New Tariffs Spark Economic Jitters

02 February 2025 — President Donald Trump has announced a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese products. This bold move is expected to provoke retaliation, raising fears of a broader trade war. Republicans largely support the decision, but industry groups and Democrats warn of possible price hikes that could worsen inflation.

The tariffs are likely to affect multiple sectors, sparking discussions about inflationary pressures and reduced consumer spending. Economists worry about the impact on market stability and growth. The political landscape is divided, with some lawmakers backing the tariffs as protection for American industries while others worry about international relations and domestic prices.

Analysts caution that retaliatory measures could escalate tensions further, leading to an unstable economic environment if not managed carefully. This development highlights ongoing international trade tensions with significant implications for America’s future economic stability. As this situation unfolds, it remains crucial to monitor its effects on both domestic markets and global economic relations.

GOLD PRICES Soar: Trump’s Trade Moves Spark Investor Panic

31 January 2025 — Gold prices soared to a record $2,800 on Friday as investors sought safety amid tariff threats from President Trump. His remarks have sparked concerns about potential economic impacts.

The uncertainty surrounding tariffs has driven demand for gold, a traditional safe-haven asset. Investors fear that any major trade moves could weaken the U.S. dollar, making gold more attractive.

Analysts also note that increased buying by jewelers and retailers ahead of the marriage season contributed to the price surge. These factors combined have led to unprecedented highs in gold prices.

TRUMP’S FAA Shake-Up: A Shocking Move or Necessary Change?

31 January 2025 — A tragic incident in the Potomac River has put the Trump administration under scrutiny. Critics argue that President Trump’s focus on DEI might distract from urgent issues, just ten days into his presidency. A congressman quickly pointed fingers, suggesting this could be a diversion from more pressing matters.

Concerns have been raised over Trump’s delay in appointing an acting FAA administrator after the previous one resigned due to conflicts with Elon Musk. Additionally, Trump fired leaders of the TSA and Coast Guard without naming immediate replacements, sparking worries about aviation security. The Aviation Security Advisory Committee also saw members dismissed despite its long-standing role since the 1980s.

Phillip highlighted that air traffic controllers might resign and accept buyouts offered by Trump without a replacement plan in place. She described Trump’s press conference as shocking yet predictable, criticizing its timing amid ongoing grief and uncertainty about the incident’s cause.

The conversation also touched on disability hiring policies and whether Trump’s remarks shift responsibility onto individuals at the FAA. Phillip stressed that while personnel changes are within presidential rights, having replacements ready is crucial for maintaining essential operations like air traffic control.

TRUMP’S Bold Return: Global Alliances Shaken

28 January 2025 — President Donald Trump has re-entered the White House, quickly overturning Biden-era policies and pulling out of major international agreements. His actions have left global partners unsure about their standing. Allies and adversaries are closely watching how Trump’s second term will unfold on the world stage.

In his first 100 hours, Trump signed executive orders, including one labeling Mexican cartels as foreign terror organizations. Italy’s Prime Minister Giorgia Meloni met with Trump at Mar-a-Lago and attended his inauguration, supporting his push for increased NATO defense spending. Meloni is seen as a key EU contact amid fears of a potential trade war with Europe under Trump’s leadership.

Hungary’s Prime Minister Viktor Orban, a long-time ally of Trump, expressed excitement for Trump’s return to office but missed the inauguration due to scheduling conflicts. Orban sees this as an opportunity to challenge what he calls Brussels’ "left-liberal oligarchy.

Argentina’s President Javier Milei seeks stronger U.S.-Argentina relations under Trump’s presidency. At the Davos World Economic Forum, Milei hinted at leaving the Mercosur trade bloc if it means securing a new trade deal with the U.S., highlighting shifting alliances in response to Trump’s policies.

CHINA’S AI Threat: Tech Stocks in Danger of $1 Trillion Wipeout

27 January 2025 — Chinese AI startup DeepSeek has shaken global tech stocks, sparking fears about America’s technological advantage. Investors worry about a potential $1 trillion loss in tech value due to rising foreign competition.

The drop in tech shares shows growing concern over the competitive landscape. Major indices have fallen, urging investors to be cautious as the situation develops.

This happens amid wider talks on global trade and economic competitiveness, especially in tech-heavy areas. Experts recommend reassessing portfolios, favoring stable investments over risky tech stocks.

Market analysts emphasize watching these changes closely as they could affect market stability and growth prospects in the technology sector moving forward.

CANADA BRACES for Trump’S Trade Threats: Unity in the Face of Uncertainty

22 January 2025 — Canadian business leaders and government officials are coming together to tackle potential tariff threats from the United States under President Donald Trump. This united front aims to protect Canadian exports during ongoing trade negotiations. The meeting highlights the importance of solidarity as Canada faces these economic challenges.

Inflation rates in Canada have recently dipped below the two percent target, adding complexity to the situation. This drop raises questions about future interest rate changes, which could affect both businesses and consumers. Business Analyst Kris McCusker suggests that these developments might lead to interest rate adjustments soon.

The outcome of U.S.-Canada trade discussions could significantly change Canadian trade dynamics, making unity among stakeholders crucial. As talks progress, Canadian leaders remain focused on protecting their economic interests while preparing for any shifts in policy or market conditions prompted by U.S. actions.

CHINA’S Record Trade Surplus Sparks Global Alarm

14 January 2025 — In December 2024, CHINA reached a record trade surplus of $104.8 billion. This was due to a surge in exports before President-elect Donald Trump could impose tariffs. The New York Times reported that China’s export boom is causing friction with many trade partners, not just the United States. Several nations are now erecting tariff barriers against Chinese products to protect their markets.

China’s export success has been an economic boon, creating millions of jobs in sectors like manufacturing and engineering. The nation dominates industries such as solar panels and is becoming self-sufficient in areas like commercial jets. However, China still struggles with energy independence outside solar power.

The automobile industry showcases China’s manufacturing strength, evolving from a major importer to the world’s largest car exporter in two decades. Critics argue that China’s overcapacity and government subsidies distort global auto markets by flooding them with cheap vehicles amid declining local demand.

While record exports might seem beneficial for China, they could lead to financial strain if companies face bankruptcy due to low prices and excess inventory as tariff barriers persist globally. The auto industry may have peaked, facing strong resistance from politically influential foreign markets protecting their own electric vehicle sectors through tariffs and subsidies.

TRUMP’S Triumph Ignites Outrage: Just Stop OIL Strikes Back

06 November 2024 — On Wednesday, Donald Trump claimed victory in the 2024 U.S. Presidential Election, winning support from over 70 million Americans. Yet, not everyone was pleased. The far-left group Just Stop Oil showed their anger by splashing bright orange paint on the U.S. Embassy in London.

Just Stop Oil slammed corporate power and fossil fuel industries, saying they control major political parties and are the real winners of the election. They called Trump a “fake populist,” claiming he ignores what they see as vital — stopping oil and gas drilling. The group urged regular people to act since they believe no leaders will make needed changes.

Activist Joseph Aggarwal was detained by police after joining the protest. He voiced concerns about a lack of true democracy across Western nations, arguing voters get similar policies no matter which party wins, worsening living conditions and climate issues. Aggarwal accused Trump of using public frustration to help billionaires while ignoring urgent environmental problems.

MASSIVE BLOW: Tata Steel Shutters Wales Plant, 2,800 Jobs Vanish Overnight

20 January 2024 — Indian steel titan, Tata Steel, has revealed plans to close both blast furnaces at its Port Talbot plant in Wales. This drastic move will result in the loss of 2,800 jobs and is part of a broader strategy to streamline their unprofitable UK operation and make it more eco-friendly.

The company intends to transition from coal-fired blast furnaces to an electric arc furnace. This modern method emits less carbon and requires fewer workers. The British government backs this shift with a hefty £500 million ($634 million) investment. Tata Steel is confident that this transition will “turn around over a decade of losses” and foster a greener steel industry.

This decision strikes a severe blow to Port Talbot — a town heavily dependent on the steel industry since the early 20th century. Unions had suggested keeping one blast furnace operational while constructing the electric one as an attempt to mitigate job cuts — a proposal that Tata dismissed.

Both blast furnaces are slated for closure within this year. Meanwhile, plans for installing the new electric furnace are set for completion by 2027.

US STEEL Takeover: BLOCKING Japanese Buyout Could Save American Jobs

22 December 2023 — Nippon Steel, Japan’s leading steel company, is facing a storm of criticism over its planned $14 billion acquisition of U.S. Steel Corporation. The deal, unveiled on Monday, values U.S. Steel at $55 per share and has sparked immediate opposition, especially in the Rust Belt where U.S. Steel has been a cornerstone since 1901.

Despite U.S. Steel’s assurances that the merger would unite “two storied companies with rich histories,” lawmakers are demanding action. Senators J.D. Vance (R-OH), Josh Hawley (R-MO), and Marco Rubio (R-FL) have written to Treasury Secretary Janet Yellen urging the Committee on Foreign Investment in the United States (CFIUS) to halt the deal.

The senators contend that domestic steel production is vital for national security and needs careful scrutiny before permitting foreign investment. CFIUS, led by Yellen, holds the authority to stop such investments after a review process.

While experts predict CFIUS is more likely to block deals involving countries perceived as adversaries like Russia or China rather than allies like Japan, this situation highlights bipartisan worries about foreign control over crucial industries.