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
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u/Aranthos-Faroth Mar 03 '25

Historically it’s a bitch to recover from implemented tariffs so yeah.. in a way these are gonna be here for a long time.

Even if he rescinds it tomorrow there’s so many nuances that will still cause prices to stay higher than they were last week.

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u/CharlesPostelwaite Mar 03 '25

Its going to be brutal with the long tail effect

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u/meltedkuchikopi5 Mar 04 '25

yeah i keep thinking about the smooth hawley tariffs. super successful!!!! /s