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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u/tgaccione Mar 03 '25

The only problem is this is clear market manipulation and he could tweet tomorrow about how the tariffs aren’t going through, causing a pump. Or a million other dumb things.

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

Yes, but that's the thrill.

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u/[deleted] Mar 03 '25

[deleted]

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u/Rex_Laso Mar 03 '25

I'm 81% alcohol

1

u/QwertyPolka Mar 03 '25

i need to know the remaining 19%

3

u/OgReaper Mar 03 '25

Different alcohol.

1

u/mrbnlkld Mar 04 '25

Buy more while you can afford it and it is still cheap.

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u/Snichs72 Mar 03 '25

This is what I’m convinced he’s doing. I mean, he’s in the ultimate position in the world to enrich himself. Not only can he receive billions from folks like Putin, but like those in Congress, he has free rein to insider trade. PLUS, even more than that, he more than anyone in the world, has the ability to manipulate the market to his benefit. He can tank it and buy things on the cheap, he can manipulate and rug pull crypto, he can funnel money through Musk’s businesses by handing them billions in government contracts, and probably a whole host of other things that are beyond my knowledge. He truly has nothing to lose this term, so if he pulls out all the stops (not giving a damn the impact on the rest of the world) he could go from piddly $4-5 billion net worth to surpassing Musk in wealth.

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u/michaelt2223 Mar 03 '25

He might just be manipulating the market. But the tariffs China will announce to combat this will happen. They’ll likely target farms again

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u/27Rench27 Mar 03 '25

Oh shit that explains the tweet about farmers needing to get ready to export to Americans or whatever. Even he knows the next trade war is gonna hit agriculture exports to other countries

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u/michaelt2223 Mar 03 '25

Yeah cause the last time he tariffed China they immediately went after farms China knows that’s where elections are lost in America. They know the videos of farmers crying cause their family farm is being destroyed or foreclosed on

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u/judge_mercer Mar 04 '25

Not to worry. Last time he bailed out farmers to the tune of $65 billion (which was more than the revenue raised by the tariffs).

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u/michaelt2223 Mar 04 '25

Also it all went to the bigger farm corporations and not the smaller family farms. Hopefully now we can finally stop subsiding corn for no reason

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u/redassedchimp Mar 04 '25

Yes Trump will let his cronies know in private before he switches course, so they can profit from the huge moves. He's pumping and dumping using the entire US economy. Remember, he still owes the hedge funds guys and this is how he'll pay them back.

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u/meshreplacer Mar 03 '25

SPY Thetagang will be getting obese again.

1

u/bandy_mcwagon Mar 03 '25

He did actually sign this one, no?

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u/Live-Implement9142 Mar 03 '25

ya its officially signed. don't know what OP and the upvoters are smoking

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u/[deleted] Mar 04 '25

Yeah. That’s how I see it playing out.

Anyone trying to time this shit is going to lose their minds. I sold back when Putin started threatening nuclear war (and figured Trump’s tariffs would eventually scare the stock market).

Bought back in during December in a mild correction and I’m way worse off now.

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u/zamundan Mar 05 '25

"US Commerce Secretary Howard Lutnick said that President Donald Trump could announce a trade deal with Mexico and Canada as soon as tomorrow, just one day after the US imposed punishing tariffs on the two nations and sparked retaliatory levies."

https://www.cnn.com/2025/03/04/business/us-tariffs-trade-deal-mexico-canada/index.html