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The EU is trying to hit back, they have now placed 50% tariff on steel imports, this will destroy their economy. The fake news is now building the narrative that Trump has caused a recession. It has begun. Trump has trapped the [DS]/[CB] in the tariff money, he will use it to push the reversal of the impoundment act of 1974. Trump is now setting the stage. He putting all the pieces in place. He is moving the NG into position, he is building the narrative for the insurrection so the people understand what is about to happen. Comey is now isolated, in the game of chess you isolate the knight, the pressure is now on Comey. Trump has the leverage and the people are with him, the polls show this.

 

Economy

EU proposes 50% steel tariffs to counter Trump

The European Commission has proposed a 50% tariff on steel imports above an annual quota, claiming the move will protect the EU’s metals industry from international competition and US duties.

An agreement struck earlier this year by EC President Ursula von der Leyen and US President Donald Trump, viewed in the EU as lopsided, set a baseline 15% US tariff on most exports from the bloc, but left steel and aluminum at 50%.

Source: rt.com

 Steel-using sectors like automotive, construction, and appliances—consuming millions of tonnes annually—face rising input prices, potentially adding to production costs and consumer inflation. The European Automobile Manufacturers’ Association (ACEA) has warned the measures "go too far," risking competitiveness in global markets.

 Diverted cheap steel could flood unprotected markets, but within the EU, it may lead to shortages or imbalances if quotas are exhausted quickly. This protectionism could spark retaliatory tariffs, fracturing global trade and harming EU exporters.

 Analyses suggest short-term gains for steel (e.g., price floors) are outweighed by long-term damage, including higher overall prices and reduced efficiency in integrated value chains. Emerging markets might see surplus dumping, indirectly pressuring EU trade partners.

 the tariffs are likely to hurt parts of the EU economy—particularly downstream industries through higher costs and potential inflation—but they could provide a net benefit to the steel sector by saving jobs and enabling sustainability investments. 

The Trump recession may already be upon us

A Trump recession is reportedly already crashing down on many American families, and Republicans have only themselves to blame.

Twenty-two states and Washington, D.C., are experiencing recessions, while another 13 states are flashing serious economic warning signs, according to an estimate from economic research firm Moody’s.

Moody’s finds that both red and blue states are being dragged into these poor economic circumstances, but those two groups won’t hurt equally. Contracting red states, like Iowa and West Virginia, are already struggling to overcome the hangover effects of Trump’s sweeping cuts to federal services. Those states are now more vulnerable to sudden spikes in community need, such as for food assistance, which Trump’s government slashed.

As the United States careens toward a recession that Republicans swear isn’t real, it will be the nation’s low-income and working families who bear the brunt. If the economic situation continues degrading across the Great Plains and the Rust Belt, the GOP may soon find they have more than blue states’ “soft secession” to worry about.