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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68

u/Buttonwalls Mar 03 '25

do I sell everything

118

u/h4yw00d Mar 03 '25

You should have a month ago

31

u/DreamBiggerMyDarling Mar 03 '25

market is like 4% off ATH, buncha whining little girls in here

8

u/bmeisler Mar 03 '25

True. So yes, it’s still a good time to sell, especially if we get a dead cat bounce tomorrow. It doesn’t even matter what 🥭says about tariffs at this point - he might call them off tomorrow - but there’s one thing the market hates: uncertainty. Selling at 4% off before it’s 20% or 30% off.

11

u/ThreeEightOne Mar 03 '25

It’s not just here. It’s in all sorts of subs. People just can’t handle a bit of red. It’s only the start of March and VOO for example is -0.1% YTD, VWRP is +0.19%. It’s not exactly a market crash is it. Even a 20% drop wouldn’t be terrible considering the insane past few years people have had.

I don’t get involved with options and don’t use index funds. But my strategy last year saw monthly drops of over 15%. Still ended the year +25% or something. Theres no way the average index fund investor could handle a strategy that volatile if they can’t even handle a few % drop one day.

15

u/f0rf0r Mar 04 '25

I think it's more just that it's a sign of things to come. The current admin is clearly intent on taking a wrecking ball to everything propping up the current economy/global order, which seems bad for business and bad for consumers.

2

u/Big_Jackfruit_8821 Mar 04 '25

Market was only good in 2023-2024. So it wasnt a few years. ‘22 was the war and stocks were going downhill everyday i remember

4

u/ThreeEightOne Mar 04 '25 edited Mar 04 '25

Yeah 2022 wasn’t great but there were also good years before that. Overall the past few years have been pretty insane really. When the average returns of the S&P are something like +10%, averaging what must be double that is pretty good in my eyes. Just depends how many years you class as “a few” which doesn’t have an exact number linked to it.

Below are some of the past years of the S&P 500:

2024 - +23.3%

2023 - +24.2%

2022 - -19.5%

2021 - +26.7%

2020 - +16.3%

2019 - +28.9%

2018 - -6.3%

2017 - +19.4%

-3

u/Rock_Strongo Mar 04 '25

Most people are exaggerating the effects that these tariffs will have on the market, probably because Orange Man Dumb gets lots of upvotes.

I hope everyone here who is so convinced this will be horrible for the market goes all-in on puts. WS would love to take your money.

12

u/Hot_Frosting_7101 Mar 04 '25

RemindMe!  60 days

7

u/frommethodtomadness Mar 04 '25

Yeah tariffs on our biggest trading partners and closing off our economy is definitely not a highly regarded move at all.

2

u/Rock_Strongo Mar 04 '25

Talking about the effects on the market, not whether or not I agree with this administration escalating the tariff war.

After alllll the doom and gloom headlines it's looking like we will close flat or possibly green today.

We'll see what happens in the coming months and whether the "you should sell every stock you own right now" crowd is right.

1

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1

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1

u/Mental-ish Mar 04 '25

I’d do it but I don’t have margin enabled since it allows for infinite loss

1

u/mojomoreddit Mar 04 '25

This. At least long term second half 2025

1

u/HiAssFace Mar 04 '25

Buy high sell low

1

u/Due_Historian_1769 Mar 04 '25

hold for 20 years this will be a blip

1

u/bdepz Gecko Gang Mar 04 '25

Cash gang always wins