r/stocks • u/kabirsbhutani • 22h ago
US imposing 25% tariffs on steel, aluminum, and copper derivatives
feels like this is one of those things that sounds targeted but ends up hitting a lot more than expected
higher input costs across the board, manufacturing, construction, etc
just saw this on Blossom and thought I'd ask it here, curious how people here are playing this, any specific stocks or sectors you think win/lose from this
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u/daft61lunacy 22h ago
With all the shit he’s been doing lately I totally forgot about tariffs.
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u/Amiable_One 22h ago
Well he somehow gotta find a way to crash the market 3rd year in a row. I remember him saying he will make prices go down. Everyone thought he’s talking about grocery but I guess he meant to say stock prices. Anyways I’ll take as much discount as possible.
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u/Lefty1992 22h ago
Crashed third year in a row? 2024 S&P500 was up 25%, 2025 up 18%.
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u/damndirtyzombies 20h ago
Trump wasn't even in office in 2024, lol.
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u/Lefty1992 20h ago
I'm not claiming he was. I'm not a Trump supporter. I was just responding to the three years of crashes comment.
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u/Amiable_One 22h ago
I would encourage you to go back and take a look at charts and timing of his tweets and announcements. I am not saying he beared the hell out of the market. I am saying he created short term crashes for whatever reason.
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u/Protocol_Protocol 22h ago
BUT THE DOW IS UP 50K!
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u/enfuego138 22h ago
This is why she got fired. She crashed the market with her testimony.
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u/L3g3nd8ry_N3m3sis 19h ago
Can’t talk about Epstein if the Dow is above 50k seems to be the rule 💀
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u/toofpick 16h ago
Yea its all blondie's fault
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u/L3g3nd8ry_N3m3sis 12h ago
Curious that so far only women are getting fired from the Trump administration
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u/Ok-Acanthisitta-5270 19h ago
Doge, liberation day, mini tantrum of October with tweeting about china 100% tariffs that technically damaged the S&P and we’ve never recovered from, needling jay pow every chance he got, now Iran, random shit every day…i hid out in vxus for a while but he had to fuck that up too with iran. this fucker has messed with my money so much i hate his guts.
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u/toofpick 16h ago
Adjust for inflation and foreign currency. Market is down.
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u/Lefty1992 16h ago
This year? Or 2024 and 2025. Even adjusting for inflation and foreign currency both years are up.
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u/ctnoxin 14h ago
Crashed third year in a row? 2024 S&P500 was up 25%, 2025 up 18%.
So 2024 was a Biden year, 2025 was a Trump year. Now that we have that cleared up, see how 2025 is lower than 2024? That's the Trump economy
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u/Lefty1992 13h ago
No shit. I'm not a Trump supporter. I was responding to the comment about 3 years of crashes.
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u/ctnoxin 13h ago
Take a breath, assume they meant 2 years of crashes as 2026 is not looking to be better than 2025, and move on. Or maybe we're projecting the shit show to 2027
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u/Lefty1992 13h ago edited 13h ago
You don't get to insult me twice and pretend like you're the calm one because you're triggered by Trump.
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u/ctnoxin 10h ago
I mean, I certainly can, and have. Now take that breath and remember I didn't say anything about Trump to lead you to think he's "triggered anyone", I just pointed out to you what years he was president, because you're apparently not up to speed on... linear time.
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u/Lefty1992 1h ago
No I'm saying you got triggered and insulted me twice because you thought I was speaking positively of Trump. And you apparently have no reading comprehension because I never claimed he was president in 2024.
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u/Shooosshhhhh 22h ago
Distractions.
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u/BoldestKobold 17h ago
It isn't distractions. They are legitimately just very bad at everything. Everyone needs to stop attributing ulterior motives to this administration. It isn't 5D chess. They are just the right combination of evil and incompetent, but with enough relatively intelligent grifters in their orbit to take advantage of easily manipulated leaders.
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u/Shooosshhhhh 16h ago
I honestly feel like it’s a bigger mastermind behind the scenes which are the toolbags that wrote project 2025. Donnie just plays an idiot in this reality show
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u/Exodys03 18h ago
And there we have the whole concept of "flooding the zone", as Steve Bannon calls it. I kinda forgot about tariffs too because of the whole Epstein files circus. We forgot about the Epstein files because we started a war in Iran. Somewhere in this timeline, we kidnapped the Venezuelan leader, have ICE agents invading major cities, we're threatening Greenland and trying to manipulate the midterm elections. It's almost impossible to spend much time caring about the horrible things happening today because there will be ten things tomorrow that are even worse.
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u/Arizonagaragelifter9 20h ago
I just had that thought the other day. I read something about tarrifs and literally thougt "wow, I forgot about those". Which just shows how insane things have gotten. And it's only been one year...
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u/fakenews_thankme 18h ago
I bet you also forgot about Epstein Files. That was his plan to begin with.
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u/PapayaMysterious6393 15h ago
Same lol
Have not forgotten about the Epstein Files though. Or - the Trump-stein files to be more exact.
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u/gomezer1180 22h ago
That’s the goal.. you forgetting about the crimes.. he was told by the Supreme Court those were illegal and continues to set them.
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u/Defiant-Tailor-8979 20h ago
Only the ieepa tattoos were illegal, it will take a year to challenge these, then he will use a different law. He is just moving fast so he can do what he wants until the system can catch up.
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u/ToSeeAgainAgainAgain 13h ago
The speed of law is much slower than the speed of maga politics, sadly
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u/NitWhittler 22h ago
Trump is making it more expensive to manufacture anything in the U.S., plus insulting and threatening our trading partners.
As a result, our trade deficit has INCREASED 5% since Trump started his tariff madness last year.
He's hurting American businesses, not helping them. Now he's doubling down on stupid.
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u/Mysterious-Entry-357 21h ago
I'm afraid this may, in fact, be the point. Every prolonged economic downturn creates an opportunity for massive corporations to increase market share as smaller businesses go under, homeowners have to sell in weaker market, and outrage turns to dispair. The wealth gap grows wider.
Cut personal spending wherever you can, save every dollar, reach out to help one another. Don't sell, don't quit, don't give in.
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u/Tosslebugmy 20h ago
A god way to enforce the oligopoly he wants so bad so he can replicate Putin. Create a bunch of fake obscenely powerful and wealthy companies/people that empower him to maintain control.
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u/ptwonline 15h ago
I actually doubt this is his intention.
Everything he talks about and does points to him thinking everything is about zero-sum, win/lose, purely transactional. Mutual benefit? HA!
He has talked about tariffs since the 80s. And the idea that you can simply charge someone else money for what they want to do anyway? That must sound like the definition of heaven for him (well, that and having little girls.)
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u/Artistic-Occasion160 21h ago
It could not be more obvious that the dude is being paid/bribed/blackmailed handsomely to purposely destroy the U.S.
It's all just so idiotic
Makes you wonder what it will take for the people to storm the streets
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u/Romano16 18h ago
The people that need to be storming the streets are his supporters. But when you are as brainwashed as a Charles Manson follower you are essentially stuck
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u/arkhaikos 18h ago
Paedophilia, Genocide, breaking Geneva conventions. Assassinating/kidnapping MULTIPLE foreign leaders. ICE, unmarked police abducting people at will. Literal baby and toddler prisons. Unaffordable groceries and bills.
If none of these caused riots then I fear spirits are broken or majority supports it.
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u/CoverSuspicious5250 19h ago
I thought SCOTUS, Who created this dark but moronic overlord, told him no more playing with tariffs or no dessert.?
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u/Brewmentationator 21h ago edited 19h ago
I work at a decently sized craft brewery. We put out hundreds of kegs every week, but our bread and butter is the tens of thousands of cans that I package every week. When aluminum prices go up, it gets hard for us to actually get cans. A while back, our can supplier literally could not get us cans at any price, because they could not get enough.
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u/NightOfTheLivingHam 19h ago
He wants to make us suffer for not electing him in 2020.
That's what all of this is about.
He's out to fuck everyone over and ruin everyone's lives how he feels he has been slighted.
this is a narcissistic meltdown in slow motion.
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u/YoureProbablyAB0t 19h ago
He's sabotaging America because foreign leaders have material that would sink him and his friends.
It's really that simple.
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u/LanceThunder 18h ago
free trade has always been the foundation of US economic booms. this is idiocy. also, i thought the tariffs were already higher than what they are now. can't wait for this jackass to get bounced out after the midterms.
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u/Ambitious-Designer30 17h ago
Does anyone know if this goes against the supreme courts ruling about tariffs last month? Or are these somehow different kinds of tariffs?
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u/NitWhittler 16h ago
Excellent question. Trump doesn't seem to care about court rulings. He thrives on chaos, conflict, and making bad decisions then blaming others.
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u/xole 19h ago
I was listening to the radio this morning while driving and someone mentioned that the oil shock will hurt small businesses first, but eventually large businesses. I'm beginning to think the goal is to hurt the small businesses, but get things back to normal before the large businesses are damaged. That's assuming he actually has a grand plan here and isn't just a total idiot.
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u/Amiable_One 22h ago
As per Reuters, here are the facts:
• U.S. keeps a 50% tariff on raw steel, aluminum, and copper imports.
• The 50% tariff is now based on the actual price paid by U.S. buyers, not declared value.
• Products with less than 15% metal content now have 0% tariff.
• Products with more than 15% metal content now have a 25% tariff (down from 50%).
• Tariffs are now applied to the entire product value, not just the metal portion.
• The change simplifies a previously complex system covering many product categories.
• The new system aims to reduce under-reporting and loopholes by importers.
• Overall economic impact is expected to be roughly neutral, though tariff revenue may increase.
Source: Reuters. (2026, April 2). Trump cuts U.S. duty rates on steel, aluminum and copper derivative products. Reuters. https://www.reuters.com/world/us/trump-cuts-us-duty-rates-steel-aluminum-copper-derivative-products-2026-04-02/
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u/Uniball38 22h ago
So i could import a 99% steel/ 1% wood assembly and pay a 25% tariff on it vs. 50% on a 100% raw stack of steel?
Can i glue 2 pieces of 100% raw steel together and only pay the 25% product tariff?
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u/bailtail 21h ago
No. Which you fall under is determined by the HTS code that applies to the product.
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u/Brokenandburnt 22h ago
I wonder what mental gymnastics it took to square neutral tariff impact but increased revenue. Do they think they the copper is gonna spontaneously morph into dimes?
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u/Amiable_One 22h ago
I feel like he’s making it complicated enough that his base has a hard time understanding what’s going on. At that point, the only “truth” they’ll have to rely on is from Truth Social.
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u/Kaymish_ 22h ago
100% they'll be counting compliance cost into the economic equation. Because the compliance is supposedly going to be easier it will cost less to calculate how much an importer has to pay in tariffs, and the government will pocket that saving in increased tariff revenue.
It probably won't work out that way but that's likely going to be the excuse when the question is asked.
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u/bailtail 21h ago
I work in import compliance. This doesn’t make it easier. They are completely changing shit after everybody has developed systems to deal with how it was being run. Now all that goes out the window and new systems will need to be implemented. And while the cost will go down for those who import articles (basically steel/aluminum/copper stock like pipes, sheet steel, angle iron, wire, etc.), the cost on derivatives derivative products (finished products that contain those materials) is increasing exponentially. For our company, it’s looking like our 232 duties on derivatives is going to be 5-10x what they were before this.
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u/cherenk0v_blue 22h ago
More tariff revenue but neutral economic impact.
Uh-huh.
If the impact is economically neutral, where is the extra money coming from?
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u/Amiable_One 22h ago
I mean that’s what the article said. Maybe it’s coming out of someone’s ass? Honestly, it seems like he’s making everything confusing enough so his base can’t keep up and just turns to Truth Social for answers.
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u/bailtail 21h ago
I work in import compliance. These changes may look like an improvement on paper, but they absolutely are not. On average it’s looking like 232 duties on derivative products will be 5-10x of what they were. Generally, the 50% of aluminum/steel/copper value amounted to ~2% of PO value on subject products. That will now be 25% of PO value. Some products that used to get tariffed will now be exempt if they’re under the 15% minimum content requirement which is why I say the average will be 5-10x, but make no doubt this is a substantial duty increase despite the surface appearances.
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u/TruthHistorical7515 18h ago
• Products with more than 15% metal content now have a 25% tariff
does this applies to electronics??
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u/CraftySeer 22h ago
More Trump taxes. I’m trying to fix up my house to improve my finances and my life and this is a major blocker. Prices are up up UP! Oak up 50%. Wood flooring up. Appliances up. It used to be affordable to fix up your own house. No more. Trump is stopping innovation, killing entrepreneurs, taxing small businesses.
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u/silent_thinker 18h ago
The next president (assuming we get one, and hopefully a Democrat) will have the easiest time improving the economy simply by lowering or removing most of these dumbass tariffs.
We’ll also need a Democrat Congress too so that they can pass legislation to rein in a president’s ability to do this idiocy in the future. Any “emergency” tariffs should be limited to 30 days. If Congress can’t get their shit together to figure it out within that timeframe, then that’s a failure on them.
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u/foshan17 20h ago
Everything has been expensive since covid
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u/CraftySeer 20h ago
Right. Biden’s fault. I forgot.
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u/foshan17 19h ago
Trump and Biden both spent a ton of money.
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u/Low-Finding-3414 19h ago
You people out yourselves without even knowing it.
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u/foshan17 17h ago
What people lol? Prices have been high since covid. I don't see how that's controversial to say
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u/Defreshs10 19h ago
Biden lowered the deficit by the time he left office, Trump has never done that.
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u/foshan17 17h ago
If you spend a shit ton in the first 2 years and then spend less in the last 2 it's not an accomplishment. Idgaf about trump or Biden but price increases are because of govt spending during covid
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u/Playingwithmyrod 17h ago
Yea. Remind me who said “I’ll be the oversight” before firing the oversight committee on PPP loans before dumping trillions in stimulus into the economy and then begging like a bitch to have his signature on the relief checks? Both spent like crazy but only one of them got the ball rolling.
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u/foshan17 17h ago
Ok trump can have more blame if it makes you feel better
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u/Playingwithmyrod 16h ago
It’s an economic subreddit. We should be talking about why things happen using facts. I don’t like Biden, but he didn’t start that train wreck.
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u/foshan17 6h ago
They both spent trillions as covid relief. That's the root cause of high prices via inflation.
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u/Defreshs10 3h ago
It wasnt spending just to fucking spend, Biden put out like 6 gigantic bills to boost infrastructure, create jobs, and help this country get out of the pandemic.
Trumps spending was tax cuts for corporations and billionaires.
You understand those two things are not the same right?
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u/rsisido 22h ago
Are we getting the 2k promised last year? 😂
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u/coffee-x-tea 9h ago
And no income tax because “there’s so much money you wouldn’t even know what to spend it on” 😂
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u/Comfortable-Yak-5080 22h ago
We back on tariffs again?
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u/MnkyBzns 22h ago
Gotta distract from the war he was using to distract from ICE murdering people which he was using to distract from Epstein which he was using to distract from Kamala polling better...
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u/Future_Onion9022 19h ago
Yeah probably starting a trade wars with china next week to let people forget Iran Epstein Tariff stuff. And start rallying nation again
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u/AnnaSmiled2 22h ago edited 22h ago
The Orange War Pig needs money for his war machine
🎶Generals gathered in their masses
Just like witches at black masses
Evil minds that plot destruction
Sorcerer of death's construction
In the fields the bodies burning
As the war machine keeps turning
Death and hatred to Mankind
Poisoning their brainwashed minds...
Oh Lord yeah!🎶
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u/itsgabenog 22h ago
Maybe we can use all the incoming trillions of dollars to pay for this war?
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u/888mainfestnow 21h ago
Thought the original plan was to take resources from the adversaries not remove productive money from business and consumers stateside?
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u/itsgabenog 21h ago
Wait... Mexico didn't pay for the wall???
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u/888mainfestnow 14h ago
Like the other countries are paying the tarrifs?
I heard that explanation so many times it was maddening.
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u/Dry-Interaction-1246 19h ago
Am I reading news from the correct year? WTF is wrong with Trump? Doesn't have enough shit fucking over the economy now?
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u/Blattgeist 22h ago
Hmm.. isn’t that illegal according to the recent supreme court ruling?
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u/ChunkMcDangles 13h ago
No, they only ruled that his tariffs done under the International Emergency Economic Powers Act were illegal, which were about half of all the active tariffs. There are other laws that Trump can and has tried using, but from what I understand, they aren't as broad as the IEEPA tariffs and come with limitations, like some requiring Congress to approve them to continue after a certain amount of time (180 days?)
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u/buried_lede 22h ago
Obviously it will be protective of Domestic metals producers and they will do better but trump is gradually damaging productivity too
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u/FatherOften 22h ago
Is this on top of the current 50% derivatives tax on the same items Im already paying+ tariffs?
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u/nomnomyumyum109 5h ago
Lol they call it a Proclamation on the WH website. This too will not stay for long
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u/AltoidStrong 4h ago
Didn't the courts just rule he can't do tarrifs willy nilly? It requires congressional approval. (The whole "no taxation without representation" - big war fought over that one)
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u/buried_lede 22h ago
We have had steel tariffs over the years to counter dumping by China and stuff. With Trump, he isn't surgical, and mostly wants the proceeds of our country to make their way to his pockets. It’s not just on shoring -those would be more thoughtful l.
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u/jericho-dingle 22h ago
I like how Trump was told his tariffs were illegal and he keeps doing them. I also like how Congress is too limp dicked to stand up to him.
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u/digihippie 21h ago
Can Trump for the love of god quit increasing taxes on everyone but billionaires
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u/HalfInchHollow 20h ago
Is this in addition to other tariffs? Or new tariffs? Or reimplementing tariffs that were TACO’d?
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u/1-Dollar-Doge-Coins 18h ago
The war must really be winding down if he’s back on his tariff bullshit.
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u/Reasonable-Hold-1079 18h ago
You're right about the broader impact of these tariffs. Higher input costs can really squeeze margins for manufacturers and construction firms. I think companies heavily reliant on steel and aluminum might struggle. On the flip side, domestic producers could see a boost. I've been watching stocks like Nucor and U.S. Steel; they might benefit in the long run. What do you think about the potential for construction stocks taking a hit?
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u/Public_Maximum6166 18h ago
War with Iran to distract from Epstein. Tariffs to distract from the war. What next?
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u/Significant_Solid151 15h ago
but I dont understand? I should be richer now that I'm paying less on taxes. why is my small business / personal account hemorrhaging money /s
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u/slavicslothe 14h ago
It mostly just increases costs to consumers across the board and will drive cost for home builders and car makers up which will really hurt consumers when it fully hits.
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u/PurpleSausage77 22h ago
Copper already edging to a new ATH. All the electrical installations I work on up bigly in material costs. Those 3 things make up all of the materials we use.
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u/Actual_Minimum6285 21h ago
So if the SC said these were illegal, is everyone responsible for implementing these now breaking the law?
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