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A trade war electricity blackout?
Ontario Premier Doug Ford just now: “If the US escalates, I will not hesitate to shut the electricity off completely.”
This comes just minutes after President Trump DOUBLED tariffs on steel and aluminum to the US from Canada, to 50%.
The US imported 27,220,531 megawatt hours of electricity from Canada in 2024.
Over 1.5 MILLION US households are currently at risk of losing electricity.
The trade war has escalated to a new level, now threatening electricity for millions.
Buckle up.
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A trade war electricity blackout?
Ontario Premier Doug Ford just now: “If the US escalates, I will not hesitate to shut the electricity off completely.”
This comes just minutes after President Trump DOUBLED tariffs on steel and aluminum to the US from Canada, to 50%.
The US imported 27,220,531 megawatt hours of electricity from Canada in 2024.
Over 1.5 MILLION US households are currently at risk of losing electricity.
The trade war has escalated to a new level, now threatening electricity for millions.
Buckle up.
WOW.
Canada has threatened to SHUT OFF electricity to part of the US after Trump raised tariffs to 50% on aluminum and steel.
In response, Trump says Canada "will pay a financial price so big that it will be read about in History Books."
Buckle up. https://t.co/Cnzb4pLysv - The Kobeissi Lettertweet
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BREAKING: The S&P 500 falls to a new low of 2025 as Canada threatens to shut down electricity supply to 1.5 million American households.
This is in response to Trump's latest 50% tariffs on aluminum and steel.
The S&P 500 is 10 points away from entering correction territory. https://t.co/SQ1QkjONQS
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BREAKING: The S&P 500 falls to a new low of 2025 as Canada threatens to shut down electricity supply to 1.5 million American households.
This is in response to Trump's latest 50% tariffs on aluminum and steel.
The S&P 500 is 10 points away from entering correction territory. https://t.co/SQ1QkjONQS
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BREAKING: Canada's newly elected Prime Minister Mark Carney says he will maintain tariffs on the US until "Americans show us respect."
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BREAKING: Canada's newly elected Prime Minister Mark Carney says he will maintain tariffs on the US until "Americans show us respect."
BREAKING: The S&P 500 falls to a new low of 2025 as Canada threatens to shut down electricity supply to 1.5 million American households.
This is in response to Trump's latest 50% tariffs on aluminum and steel.
The S&P 500 is 10 points away from entering correction territory. https://t.co/SQ1QkjONQS - The Kobeissi Lettertweet
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BREAKING: Iranian President Pezeshkian to Trump just now: "I won’t even negotiate with you under threats, do whatever the hell you want." https://t.co/gIsRxwXwWi
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BREAKING: Iranian President Pezeshkian to Trump just now: "I won’t even negotiate with you under threats, do whatever the hell you want." https://t.co/gIsRxwXwWi
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BREAKING: The S&P 500 has officially entered correction territory, now down -10% from its all time high. https://t.co/IhkHxJRjUJ
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BREAKING: The S&P 500 has officially entered correction territory, now down -10% from its all time high. https://t.co/IhkHxJRjUJ
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The White House minutes after the S&P 500 enters correction territory:
The stock market is "in a period of transition."
If you haven't read the below thread, you are missing some crucial context.
We have witnessed a MAJOR pivot in President Trump's view of the market.
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The White House minutes after the S&P 500 enters correction territory:
The stock market is "in a period of transition."
If you haven't read the below thread, you are missing some crucial context.
We have witnessed a MAJOR pivot in President Trump's view of the market.
Does the US government WANT a recession?
In 2025, $9.2 TRILLION of US debt will either mature or need to be refinanced.
The quickest way to LOWER rates ahead of this colossal refinancing would be a recession.
Could the US benefit from a market crash?
(a thread) https://t.co/fjnHcTljFX - The Kobeissi Lettertweet
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The Dow Jones Industrial Average is now down -1,700 points in 28 hours. https://t.co/ilqVU9vcgW
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The Dow Jones Industrial Average is now down -1,700 points in 28 hours. https://t.co/ilqVU9vcgW
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