r/investing • u/ExtentFuture4133 • 2d ago

China retaliates with 34% tariffs on all US products

At the time of writing this Dow futures are losing 1400 points. Apple is down another 4.77% pre-market to $194, as it has 90% of iPhones assembled in China.

S&P 500 futures are down 3.5% and Nasdaq 100 futures down 4%. Us 10 yr at 3.905%. Vix volatility index spikes to 42.82, highest level since Covid

https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html

It is going to be an interesting day.

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u/robot_ankles 2d ago

Let's please try not to blame DT alone. There are dozens of enablers surrounding that guy and thousands of dozens of others supporting the whole cadre.

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u/Seven22am 2d ago

Not a bad time to remind us all that the Senate had the opportunity to rid us of this menace (and protect us from our own bad habits) once and for all in the wake of 1/6 but Mitch McConnell didn't have the stones to challenge his base's worst impulses.... you know, to lead.

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u/cosmic_fetus 2d ago

Expecting or hoping for Mitch McConnel to do the right thing.... this is where we're at now? fug....

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u/cosmic_fetus 2d ago

Happily blaming anyone who voted for him.

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u/thethirdllama 2d ago

And anyone who didn't vote.

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u/cosmic_fetus 2d ago

đŸ«¶đŸŒ

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u/[deleted] 2d ago

[deleted]

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u/parkingviolation212 2d ago

“Apparently” as if it wasn’t the most patently obvious thing ever. She wasn’t what this country needed, sure; her complete lack of leadership since her loss has made that apparent. But not voting is an abdication of one’s right to be critical; it’s a tacit endorsement of whatever happens after the election.

In many ways they’re similar or worse than Trump voters because they stand for nothing while the country burns.

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u/burnbabyburn711 2d ago

Well said. This place is a tinderbox.

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u/Alarming-Research-42 2d ago

And millions of voters who would passionately suck his dick if he asked.

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u/stickman07738 2d ago

He is too blame as he is the head decision maker - but I do not worry as he will blame Joe and his faithful will believe him. I heard last night at the bar having dinner.

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u/Acolyte_of_Swole 2d ago

Most of the worst ideas are coming directly from Trump or Musk, as far as I can tell.

Some of the other really bad ideas came from the project 2025 guys, who we of course were told by Donald "I don't even know what that is."

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u/Plussydestroyer 2d ago

We need to start blaming Wharton. What the fuck are they teaching over there

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u/knocking_wood 2d ago

Dozens? You mean 77 million.

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u/robot_ankles 2d ago

Yea, that's thousands of dozens, but I guess millions of dozens would have been closer. Around 6.4 million dozen.

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u/nineteen_eightyfour 2d ago

And who are they all gathered around?

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u/robot_ankles 2d ago

My point is that the current GOP and all of DT's appointees aren't some hapless group of people being expertly puppeteered by a genius mastermind. I believe it's the other way around. DT is an easily manipulated muppet propped up as a political human-shield that facilitates the goals of other stakeholders.