iNews

2 MINS AGO: Trump FURIOUS as 50% Aluminum Tariff Backfires – 100,000 U.S. Workers Laid Off

Thumbnail

In a shocking turn of events, over 100,000 American workers have been laid off in the wake of a disastrous 50% aluminum tariff imposed by former President Donald Trump. Announced just weeks ago, this policy, intended as a protective measure for American industry, has instead unleashed chaos across the manufacturing sector, leading to plant shutdowns, vanishing contracts, and halted paychecks.

The tariff, enacted on June 4, 2025, was touted by Trump as a necessary step to safeguard national security and revive domestic smelting capacity. However, industry experts and lawmakers alike are now sounding alarms that this blunt political weapon has backfired spectacularly. The immediate fallout has been catastrophic, with major companies like Alcoa warning of potential losses of 100,000 jobs across the supply chain, from smelting to transportation and assembly.

As costs for aluminum skyrocket, downstream industries are feeling the pinch. Homebuilders, auto manufacturers, and beverage companies are already raising prices on everyday goods, leaving consumers to grapple with the consequences. The American Beverage Association has warned that aluminum can prices could spike, impacting staples like beer and soda.

Critics, including Commerce Secretary Gina Raimondo, have expressed deep concerns about the tariff’s unintended consequences, emphasizing the need to protect not just domestic production but also the vital supply chains that support it. Lawmakers from key industrial states are echoing these fears, warning that the tariff could strangle the very industries it was meant to protect.

Internationally, the backlash is growing. Canada has invoked the World Trade Organization’s dispute resolution mechanism, setting the stage for a legal battle that could further complicate U.S.-Canada relations. As American manufacturers scramble to adapt, the ripple effects of this policy are being felt far and wide, raising urgent questions about the future of American jobs and the economy.

This is not just a headline; it’s a crisis unfolding in real time, threatening the livelihoods of countless families across the nation. As the fallout continues, the question remains: Is this protectionism or self-inflicted pain? The stakes have never been higher.

Related Posts

A los 68 años, Angélica Chaín Finalmente admite lo que todos sospechábamos

**Angélica Chaín, la enigmática diva del cine de ficheras, rompe su silencio a los 68 años: ¡una confesión explosiva!** En un giro inesperado que ha dejado a sus…

The Dark Side of Titanic: Adultery, Teen Pregnancies & Forbidden Love

**Breaking News: The Titanic’s Scandalous Secrets Unveiled – Adultery, Teen Pregnancies, and Forbidden Love** In a shocking revelation that redefines our understanding of the Titanic’s tragic voyage, new…

¡Julio Iglesias Finalmente Revela el Secreto Que Todos Sospechábamos! ¿Te Lo Imaginas?

**Julio Iglesias REVELA su lucha oculta: ¿Una despedida inminente?** En un giro sorprendente, Julio Iglesias ha compartido detalles íntimos de su vida que han dejado a sus seguidores…

4 Children Shot! 17 Year Old In Critical Condition In Philadelphia At Reck Center

**Breaking News: Four Children Shot, Teen in Critical Condition at Philadelphia Rec Center** In a shocking and tragic incident, four individuals, including two 𝘤𝘩𝘪𝘭𝘥ren, were shot at the…

MAT4R0N A LEFTY SM 💔 MIRA QUIÉN LO HIZO ALZADA RESPONDIÓ

**MAT4R0N A LEFTY SM: LA RESPUESTA DE ALZADA TRAS SU MUERTE** La muerte del rapero Lefty SM ha desatado un torbellino de emociones y especulaciones, llevando a la…

La hija de Zulma Faiad ahora se despide tras el trágico diagnóstico de su madre.

**La hija de Zulma Faiad se despide tras el trágico diagnóstico de su madre** En un giro devastador, la hija de la icónica actriz argentina Zulma Faiad ha…

Leave a Reply

Your email address will not be published. Required fields are marked *