this post was submitted on 29 Dec 2025
16 points (100.0% liked)

US News

2423 readers
60 users here now

News from within the empire - From a leftist perspective

founded 6 years ago
MODERATORS
muad_dibber@lemmygrad.ml
ComradePupIvy@lemmygrad.ml
16
Trump tariffs blamed as bankruptcies reach 15-year peak (www.independent.co.uk)
submitted 17 hours ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml
2 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] MasterDeeLuke@lemmygrad.ml 7 points 15 hours ago* (last edited 15 hours ago)

Expectation: Dramatically increasing the price of foreign metals will force more domestic metal production.

What happened instead: Businesses that rely on buying metal going bankrupt and ceasing operations.