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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5.1k

u/Responsible-Rip8793 Mar 03 '25

Either we pay more as consumers or we stop buying because things cost too much.

Surely, this is good for the economy

2.7k

u/Basis_404_ Mar 03 '25

No silly we’ll just buy from the American factories that source 100% of their supply chain domestically. Surely they have an ample supply of all the goods imported and people will just buy from them instead.

Wait, are there factories here?

Uh oh…

829

u/clownysf Mar 03 '25

Don’t worry, we have a factory! And I’m totally 100% sure that they will increase production to match demand without raising prices…

322

u/Basis_404_ Mar 03 '25

Oh good we’re saved!

222

u/iBawsy Mar 03 '25

And don’t worry! I’m sure that factory will be able to produce to the same quality and quantity as foreign factories without the same global economies of scale

121

u/WeirdWaytoBe Mar 03 '25

And our aging demographic and blaming of immigrants for all our problems won't backfire in anyway on the cost and quality of the manufacturing. 

10

u/azteczz Mar 04 '25

I am also sure we will be able to construct a factory in less then 4 years then take it down in 8 or 4for the inevitable policy reversal

3

u/21Rollie Mar 04 '25

Biden was investing in factories here which is literally Trump’s stated purpose but he doesn’t want anything with Biden’s name on it. He doesn’t even want things with his own name on it. Like the USMCA that he pushed for and signed.

2

u/destinyeeeee Mar 04 '25

Damn why did I not think about this? (Its because I'm stupid)

Why would anybody in the domestic manufacturing sector risk rapid growth with this level of regime uncertainty?

6

u/bermudaliving Mar 04 '25

Nope Americans love working in factories!

2

u/21Rollie Mar 04 '25

Are you telling me illiterate 60 year old hillbillies from west Virginia can’t run a state of the art microchip factory??!!

1

u/Tylanthia Mar 04 '25

That's why we repeal child labor laws.

1

u/Equivalent-Honey-659 Mar 04 '25

I know two people that need jobs but I’m not hiring then because they don’t have licenses and have crippling drug addictions!

4

u/c_punter Mar 04 '25

Okay, so then all our problems are solved. Why is everyone worried?!

2

u/Salt_World Mar 04 '25

I used to work in a small car parts factory in the Midwest before it shut down. We were seriously still using presses from WWII.

2

u/Dozekar Mar 04 '25

The cost of the products and labor, and our general population not being able to afford it is why we haven't done this for most consumer crap in a long time. So now we go back to that apparently. People see the good old days and see the upper middle class and think that's them. They don't look at the poor laborer and think hmm I wanna go back to that.

Too bad chucklefucks, strap in.

1

u/iPigman Mar 04 '25

Oh dear lard; it's the "Thoughts&Prayers" supply chain model.

14

u/danieljoneslocker Mar 03 '25

And the tariffs will pay down our debt and eliminate the need for an income tax! So we’ll be richer!

3

u/Mucay Mar 04 '25 edited Mar 04 '25

Tariffs will only pay half of our debt, the other half will be paid by selling fast-track US citizenship to rich people

Because if the US needs more of anything, it is definitely more rich people who will definitely not fuck the environment and the infrastructure, hoard their wealth and not pay their taxes