r/wallstreetbets • u/s1n0d3utscht3k • Mar 03 '25

News Trump Officially Signs 20% Tariffs on China

https://www.barrons.com/news/trump-signs-order-for-20-tariff-on-china-w-house-d6fec57f
23.3k Upvotes

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2.6k

u/BeyondTheStars22 Mar 03 '25

20% what is this man doing.

1.1k

u/GroupKooky Mar 03 '25

20 percent on top of the 10 percent that was already in place from back in 2018

527

u/oonko-atama1 Mar 03 '25

On top of the 25 percent from when he started the trade war against China in 2018

269

u/QwertyPolka Mar 03 '25 edited Mar 03 '25

I'm gonna need to break out the Etrian Odyssey damage calculator to tally down these nested doll tariffs.

29

u/a-amanitin Mar 03 '25

Wild EO reference!

25

u/QwertyPolka Mar 03 '25

do these tariffs stack additively or multiplicatively

12

u/Mental-ish Mar 04 '25

Additive

5

u/DatCitronVert Mar 04 '25

I hate how this line of thought follows me into every game. Why can't I see "20% increase" and simply accept that for a fact ?

6

u/GoOnBanMe Mar 04 '25

Always side-eyeing that "95% chance to hit".

5

u/QwertyPolka Mar 04 '25

they keep lying to us!

9

u/Patient-Straight Mar 03 '25

Even in your WSB, FOE

3

u/HydromechCitrus Mar 04 '25

Too bad theres no diminishing returns lol

4

u/Jasonrj Mar 04 '25

So the total now is 50% or 30%?

4

u/oonko-atama1 Mar 04 '25

Not sure if it’s 20 + the 10 from last month vs. just an increase from 10 to 20, but I recently had to approve a 100k invoice from China with 25+10 percent.

5

u/Jasonrj Mar 04 '25

Xi didn't pay the tarrif for you?

7

u/oonko-atama1 Mar 04 '25

Oh yeah, hand delivered by him in cash. It was great, so much bigly winning.

3

u/NEIGHBORHOOD_DAD_ORG Mar 04 '25

Why are we doing this again? Would opening trade not immediately relieve economic pressure for many Americans?