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Stansberry Digest

Where This Stops, Nobody Knows

Tit for tat... The ballpark consequences of tariffs... The bull market is still on... Why the EU?... A big week for the war in Ukraine... The next inflation numbers... Weight-loss drugs and snack makers... A nothing burger...


The trade war is heating up...

A day after President Donald Trump slapped a 25% tariff on imports of steel and aluminum to the U.S. starting next month, European Union ("EU") chief Ursula von der Leyen threatened "proportionate countermeasures" on what she described as an "unjustified" tax.

The EU exported 3.6 million tonnes of steel to the U.S. in the first 11 months of 2024. The U.S. is also the second-biggest export market for EU steel producers, making up 16% of the EU's total steel exports.

So, conceivably, this tariff could boost U.S. manufacturing by disincentivizing steel imports from Europe. Trump says that's the intention, and it would have a significant negative impact on the Euro

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Why Lyft is tumbling today; I'm not surprised to see more struggles at Estée Lauder; The end looks near for Nikola

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