Letter from an American – by Heather Cox Richardson – March 11, 2025

Some Excerpts from the Transcript, Read More…

*March 11, 2025. The stock market continued to fall today. The Dow Jones Industrial Average fell another 478 points, or 1.14%. The S&P 500 fell almost 0.8%, and the NASDAQ Composite fell almost 0.2%. The S&P 500 briefly held its own in trading today, but then Trump announced on his social media platform that he was going to double

*The tariffs on steel and aluminum from the new 25% rates to a 50% rate on Canada and might increase tariffs to permanently shut down the automobile manufacturing business in Canada. Stocks fell again. Unable to admit that he might be wrong, President Donald Trump is doubling down on the policies that are crashing the economy.

*In addition to his tariff threats, he also reiterated that the only thing that makes sense is for Canada to become our cherished 51st state, an outrageous position that he suddenly began to advance after the 2024 presidential election, and which has Canadians so furious they are boycotting U.S. goods and booing the star-spangled banner.

Source Links: https://heathercoxrichardson.substack.com/p/march-11-2025-fbc