Summary
Donald Trump announced that the U.S. will impose 25% tariffs on all steel and aluminum imports starting Monday, including from Canada and Mexico.
He also plans “reciprocal tariffs” on goods from countries imposing duties on U.S. products.
Markets reacted negatively, with stocks dropping over tariff concerns.
Trump previously paused tariffs on Canada and Mexico but imposed 10% duties on China.
What better way to run a money pump? Literally. It is what they are doing. You know when to buy, sell, short, or hedge.