⚠️ WE’VE SEEN THIS MOVIE BEFORE — AND IT DIDN’T END WELL

Back in 2018–2019, the U.S. imposed tariffs on Canada:

• 25% on steel

• 10% on aluminum

The consequences were immediate and measurable:

📉 Steel shipments to the U.S. collapsed 41%

📉 Aluminum exports fell 19%

💥 $16.6B CAD in trade disrupted

🏭 Production cuts followed

👷 Jobs were lost

🔗 Supply chains slowed while costs surged

And that was from just 10–25% tariffs.

Now Trump is openly floating 100% tariffs.

At that level, the impact wouldn’t stay localized. It would cascade across:

• Autos & auto parts

• Energy exports

• Steel & aluminum

• Global manufacturing supply chains

This wouldn’t be a headline shock.

It would be a systemic economic hit — with real consequences for trade flows, inflation, and global markets.

History already ran the simulation.
$ENSO
$RIVER
$SOL

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The outcome wasn’t contained then — and it won’t be now.
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