Trump Purposefully Wrecks The American Economy

Donald threatens to destroy Canada’s auto industry while the U.S. stock market nosedives -- just as he intended

Yesterday, the stock market suffered one of the worst single-day drops since the ‘08 financial crisis.

But instead of alleviating fears of a recession, Donald Trump is escalating his trade war against Canada — dragging our economy even deeper into the depths of hell.

First, Canada retaliates

Yesterday, in response to Trump’s tariffs, Ontario imposed a 25% surcharge on electricity flowing into the U.S. — which will raise electricity costs for roughly 1.5 million Americans.

So today, Trump imposed new tariffs against Canada

Trump responded by announcing an additional 25-50% tariff on all steel and aluminum from Canada, along with a new tariff on cars imported into the U.S.—which he bragged would “essentially shut down the automobile manufacturing business in Canada.”

Fun fact: it will also decimate American companies that rely on Canadian imports.

Thanks to Trump, stocks continue to freefall

The S&P 500 and Nasdaq have now erased all gains made since before the election — wiping out trillions in value.

In fact, the markets are plummeting as I write this.

By the way

Back in August ‘24, when Biden was president, Trump ranted about a “crashing” stock market, “terrible” job numbers, and “incompetent” leadership.

Turns out, he was describing his future self. And to his credit, he’s accomplished every single one of those failures in less than 50 days.

Here’s the deal

Trump is pulling the same dirty trick that Republican presidents have used for decades: