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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4.1k

u/AntiOriginalUsername Mar 03 '25

Recession any % speed run. Negative Q1 GDP confirmed.

1.7k

u/BINGODINGODONG Mar 03 '25

Its not just negative. Its supa negative. And with debt accelerating cus of tax cuts. This gonna be a wild ride until Donnie finds out tariffs are paid by US companies

764

u/MicroBadger_ Mar 03 '25

Us consumers, you think the companies are just going to take that unlubed didlo? They're passing that shit right along.

611

u/IchabodDiesel Mar 03 '25

Not just that, they will tack on extra profits and blame "tariffs" the same way they've been doing with "inflation."

241

u/JayGeezy1 Mar 03 '25

Why miss out on another profit opportunity? Smart business. Consumers will just blame Biden.

91

u/MushroomTea222 Mar 03 '25

I thought it was Obama’s fault? 🤔

5

u/Hashtag_reddit Mar 04 '25 edited 18d ago

salt axiomatic crawl vast grandiose ring station grab versed degree

11

u/RichAustralian Mar 04 '25

Unironically it is in a way Obama's fault. Having a black president just broke a lot of Americans, which directly lead to the series of events that sees Trump becoming president.

If Obama never won, or a white Democrat got nominated, I don't think we would have ever seen a Trump presidency.

20

u/Alarming-Chance-7645 Mar 04 '25

As easy as it is to blame racism—and I do want to—this is just another republic choking on its own wealth. Civilizations start with the many (republics and democracies), get gutted by the few (oligarchs), and end up licking the boots of the one (emperors, dictators, strongmen in expensive suits).

9

u/onpg Mar 04 '25

Wealth isn't the problem. It's inequality. We don't spend the wealth on educating people and improving their lives, so they know something is wrong but are unable to coherently articulate the problem and end up voting for con artists.

7

u/Alarming-Chance-7645 Mar 04 '25

Basically what I'm saying. Choaking on wealth was a metaphor for the greed that has seeped into the foundational cracks

1

u/Dozekar Mar 04 '25

The greed alone isn't problematic but it needs to be offset with empathy and kindness to the suffering. It's a large part of what ended the guilded age. The ultra rich don't do this out of kindness, they do it to avoid getting killed.

2

u/Alarming-Chance-7645 Mar 04 '25

Strongly disagree. Greed isn’t just corrosive—it’s fatal. Even the devout list it among the deadly sins for a reason.

Empathy and kindness don’t counter greed; they’re simply its preferred meal. If the ultra-rich have forgotten how history deals with unchecked hoarding, they should revisit the era when wealth came with a built-in expiration date—right around the neckline.

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3

u/ZeekLTK Mar 04 '25

If George Washington hadn't won that war, we wouldn't even be in this situation!

10

u/drbumwine Mar 03 '25

Naw, totally Obama's tan suit fault

8

u/LavishnessOk3439 Mar 04 '25

Honestly that marked the end of our nation

4

u/iPigman Mar 04 '25

Awwwww hell, that tan suit trashed Western Civilisation. We'll never recover.

2

u/iPigman Mar 04 '25

Some people are saying it was the Dijon Mustard on a burger.

32

u/Paradigm_Reset Mar 03 '25

The good 'ol "convenience" fee for using electronic payment route.

6

u/bandy_mcwagon Mar 03 '25

The only question is, will the ‘Merican Consoomur piggies still keep buying up the slop? When will they cease to buy?

8

u/Ashleynn Mar 03 '25

Because of how profit margins are calculated, yes. Profit margins are calculated on total cost. So let's say you had an item that the total production cost was $100 per unit with a 20% profit margin, final sale price would be $120.

Now let's say that these tarrifs increase the total production cost to $110 with a 20% profit margin final sale price is $132. Profit goes from $20 to $22 per item sold.

So not only do we get to pay the extra $10 to pay for the tarrifs, we get shanked for an extra $2 on top of it.

2

u/optimaleverage Mar 03 '25

Exactly. Everyone will charge a tariff premium.

2

u/rugdoctor Mar 03 '25

more likely they'll just stick to inflation and blame biden for it

2

u/Mooseheart84 Mar 04 '25

And the companies that isnt hit by tariffs also raise their prices because they can when the competition has to do it

2

u/FortNightsAtPeelys Mar 04 '25

yup 20% tariff = 30% price increase

1

u/Sexehexes Mar 03 '25

so you think earnings will grow faster?

1

u/Bluenite0100 Mar 04 '25

And then when tariffs are lifted they won't lower the price because we've "become accustomed" to paying that price

1

u/jfwelll Mar 04 '25

Numbers will be higher, illusion of growth passed in the consumers and probably on the debt.

1

u/FirstTimeShitposter Mar 04 '25

"Covid and supply issues" as well, meanwhile they are making their 3rd consecutive highest revenue ever, companies will use any excuse to bump up the price and we're A-OK with it (the average consumer that is)

1

u/Dozekar Mar 04 '25

What money are consumers going to spend to do this with. Unless the government is going to print money it just translates into that many fewer salees.

0

u/Fit-Remove-6597 Mar 03 '25

lol I have a feeling the market is gonna dump for a couple quarters then Q3 we will see revenues go up 20% profit numbers increase and it’ll pump back up again.