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US Steel. Meaning supporting Union represented Steelworkers

“The levies are expected to make foreign steel more expensive in the United States. Companies hope U.S. production will rise as a result, and give them an opportunity to raise prices.

The industry has been battling cheap foreign imports for years, thanks to illegal dumping into the U.S. market, Nucor CEO Leon Topalian said in an interview with CNBC’s “Mad Money” last Tuesday. Dumpingrefers to when a foreign country exports products at a lower price than in its home market or below production costs.

“It’s the illegal dumping, the subsidization of steels and the currency manipulation that creates a very unbalanced and unlevel playing field that has hurt the steel industry for decades,” Topalian told Jim Cramer.”


https://www.cnbc.com/2025/02/03/steelmakers-may-benefit-from-trump-trade-salvos-wall-street-says-.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
 
WASHINGTON, Feb 3 (Reuters) - U.S. President Donald Trump signed an executive order on Monday ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund and said it may purchase TikTok.

"We're going to stand this thing up within the next 12 months. We're going to monetize the asset side of the U.S. balance sheet for the American people," he told reporters. "There'll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people."



https://www.reuters.com/markets/wea...rder-create-sovereign-wealth-fund-2025-02-03/
 
KC maybe you should move up to Canada?

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It’s not a lot of money but it’s all the little bullchit payments that add up to multiple Billions lost.

 
So...we are spending more than we take it...so hey....let's buy Tik Tok and make it your government run social media...the only social media we will need.... We might rename it Pravda
 
So are these people nothing but grifters? That Congresswoman Ilhan Omar does come across quite often as if she hates America.

 
Trump paused the MAGA tariffs when the stock market tanked so they paused them. Where is this man's backbone? He already said individuals might be hurt by highert prices, but damn....he wasn't expecting investors to take a hit. He needs that short term pain to make America great and the cowardly bastard back tracked.
 
So...we are spending more than we take it...so hey....let's buy Tik Tok and make it your government run social media...the only social media we will need.... We might rename it Pravda

Try again. 54 Countries with Sovereign Wealth Funds. China 🇨🇳 being the largest. And I guess you’re ok with China 🇨🇳 controlling TikTok over your own Government or American Investments?

 
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