$ENSO $RIVER $SOL
ENSO
1.839
+26.74%
RIVERUSDT
Perp
59.93
+17.16%
126.77
-0.28%
⚠️ WE’VE SEEN THIS MOVIE BEFORE
Back in 2018–2019, the U.S. hit Canada with tariffs: • 25% on steel
• 10% on aluminum
The fallout was immediate: • Steel shipments to the U.S. collapsed 41%
• Aluminum exports dropped 19%
• $16.6B CAD in trade was disrupted
• Production cuts followed
• Jobs were lost
• Supply chains slowed while costs surged
And remember — that damage came from just 10–25% tariffs.
Now Trump is openly floating 100% tariffs.
At that level, the impact wouldn’t stay contained. It would ripple across: • Autos & auto parts
• Energy exports
• Steel & aluminum
• Broader manufacturing supply chains
This wouldn’t be a “headline risk.”
It would be a full-scale economic shock — with real consequences for trade, inflation, and global markets.
