Truth Social post of January 24, 2026

PostStatementPublished 01/24Open the original

Summary

President Trump warns that if Prime Minister Carney thinks Canada can be a drop-off port for China, he is mistaken, and that a Canada-China deal would immediately trigger a 100% tariff on all Canadian goods.

By industry

Tariffs & Reshoring1 trading day−3.5%p15 stocks5 trading days−4.0%p15 stocks20 trading days+0.4%p15 stocks

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Day	Tariffs & Reshoring stocks	S&P 500
26/01/23	0.0%	0.0%
26/01/26	−2.8%	+0.6%
26/01/27	−2.2%	+1.1%
26/01/28	−3.3%	+0.9%
26/01/29	−2.2%	+0.8%
26/01/30	−3.5%	+0.5%
26/02/02	−1.0%	+1.1%
26/02/03	+3.0%	+0.2%
26/02/04	+3.8%	−0.1%
26/02/05	+1.9%	−2.2%
26/02/06	+6.4%	+0.3%
26/02/09	+6.7%	+0.9%
26/02/10	+5.8%	+0.8%
26/02/11	+7.7%	+0.7%
26/02/12	+4.2%	−0.8%
26/02/13	+3.1%	−0.9%
26/02/17	+2.0%	−0.8%
26/02/18	+2.1%	−0.3%
26/02/19	+1.1%	−0.5%
26/02/20	+0.6%	+0.2%
26/02/23	−0.4%	−0.8%

Korean stocks in these industries

Hyundai Steel 004020
POSCO Holdings 005490
SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Scott J. KellyDirector
BuyWorthington Steel
Buy
Worthington Steel
WS
$273.8K
7,000 sh
$273.8K
Filed 01/29
Traded 01/27
Edilson CamaraDirector
BuyCleveland-Cliffs
Buy
Cleveland-Cliffs
CLF
$199.6K
19,700 sh
$199.6K
Filed 02/13
Traded 02/13
Dennis V. ArriolaDirector
BuyCommercial Metals
Buy
Commercial Metals
CMC
$149.4K
2,000 sh
$149.4K
Filed 01/22
Traded 01/20
Lourenco GoncalvesChairman, President & CEO
SellCleveland-Cliffs
Sell
Cleveland-Cliffs
CLF
$37.3M
3,000,000 sh
$37.3M
Filed 02/11
Traded 02/11
Jon J. BowsherDirector
BuyWorthington Steel
Buy
Worthington Steel
WS
$100.4K
2,500 sh
$100.4K
Filed 02/03
Traded 01/30
Jesse E. GaryPresident and CEO
Sell10b5-1 planCentury Aluminum
Sell10b5-1 plan
Century Aluminum
CENX
$7.2M
150,000 sh
$7.2M
Filed 01/23
Traded 01/23
Neal E. WestEVP & CFO
SellKaiser Aluminum
Sell
Kaiser Aluminum
KALU
$608.6K
5,000 sh
$608.6K
Filed 02/25
Traded 02/23
Stephen Paul KochExec. VP, COO
SellReliance
Sell
Reliance
RS
$4.5M
13,888 sh
$4.5M
Filed 02/25
Traded 02/23
Robert S. WetherbeeExecutive Chairman
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$4.2M
28,724 sh
$4.2M
Filed 02/19
Traded 02/17
John DeZeeEVP, GC and Secretary
SellCentury Aluminum
Sell
Century Aluminum
CENX
$3.3M
66,000 sh
$3.3M
Filed 02/25
Traded 02/23
Stephen Paul KochExec. VP, COO
SellReliance
Sell
Reliance
RS
$3.3M
10,132 sh
$3.3M
Filed 02/25
Traded 02/23
John Malcolm DonnanEVP, CAO and GC
SellKaiser Aluminum
Sell
Kaiser Aluminum
KALU
$2.3M
18,461 sh
$2.3M
Filed 02/25
Traded 02/23
Clifford T. SmithEVP & COO
SellCleveland-Cliffs
Sell
Cleveland-Cliffs
CLF
$2.1M
200,000 sh
$2.1M
Filed 02/18
Traded 02/17
Jennifer J. DurbinFmr. Chief HR & Comm. Officer
SellCommercial Metals
Sell
Commercial Metals
CMC
$2M
25,050 sh
$2M
Filed 02/04
Traded 02/03
Robert S. WetherbeeExecutive Chairman
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1.8M
12,435 sh
$1.8M
Filed 02/19
Traded 02/17
Robert S. WetherbeeExecutive Chairman
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1.5M
10,438 sh
$1.5M
Filed 02/19
Traded 02/10
Kenneth Rex QueryEVP
SellNucor
Sell
Nucor
NUE
$1.5M
7,452 sh
$1.5M
Filed 02/13
Traded 02/11
Allen C. BehrEVP
SellNucor
Sell
Nucor
NUE
$1.4M
7,568 sh
$1.4M
Filed 02/04
Traded 02/03
Allen C. BehrEVP
SellNucor
Sell
Nucor
NUE
$1.4M
7,500 sh
$1.4M
Filed 02/04
Traded 02/02
Steven E. KarolDirector
SellCarpenter Technology
Sell
Carpenter Technology
CRS
$1.3M
3,500 sh
$1.3M
Filed 02/23
Traded 02/19