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

96% Upvoted

1.9k comments sorted by

View all comments

Show parent comments

302

u/NaeemTHM Mar 03 '25

Nah, it's cool man. Tim Apple is making a $500 billion investment into America! Hopefully some of that money went to building a time machine to go back 3 years ago and make the factories that will be needed.

36

u/EnvironmentalCan381 Mar 03 '25

Yea starting 2028. If Donny becomes king then yes if not then no to that money.

60

u/TFenrir Mar 03 '25 edited Mar 03 '25

Are we just going to see a bunch of companies blindly promise to invest some large fraction of a trillion dollars into the US economy at some vaguely far away date (~3 years), just to get some kind of pass from this presidency, and then have those held up as examples of the health of the US economy?

58

u/SoWhatNoZitiNow Mar 04 '25

This is exactly what Tim Apple did in 2016. Pledged $380B in investment in US manufacturing in the face of tariffs on imported Chinese goods, and didn’t need to follow through. He just adjusted the number for inflation and rolled the dice a second time lol

23

u/NaeemTHM Mar 04 '25

Tim is my spirit animal.

This is the kind of degenerate shit that made Apple the most profitable company on the planet.

3

u/PatSajaksDick Mar 04 '25

Also this money was already on Apple’s books, so it really was a meaningless gesture just to make potus feel good. Tim really knows how to play him.

11

u/UrABigGuy4U Mar 03 '25

Yes, this is the end result of almost all BigBill headlines you see

32

u/Paddy_Tanninger Mar 03 '25

The disgusting part is that the stock market went wild with speculation leading up to 2rump, because we all just kind of assumed that every big corp would throw a few dozen million at him to buy their way into all sorts of tax breaks and favoritism and shit...like legitimately the entire market thought "oh this open corruption will be great for stock prices and market value".

4

u/HypocriteGrammarNazi Mar 04 '25

I literally moved my 401k from bonds back to stock when he won on the prospect of forced rates cuts and massive inflation. It is kind of backwards isn't it lol.

2

u/_Cri_WuLF_ Mar 04 '25

So how much have you lost so far? lol

3

u/loobear2357 Mar 04 '25

If you don’t plan of holding a stock for ten years don’t buy it” Peter Lynch

4

u/Paddy_Tanninger Mar 04 '25

That's adorable, and I really do wish I lived in a world where that's how stocks worked.

1

u/loobear2357 Mar 04 '25

That’s investing. Any kind of trading is gambling

1

u/Ok_Fix3639 Mar 04 '25

I feel like if you followed the campaign messaging and the individuals involved in the admin it was actually foreseeable that this would be chaotic. People didn’t take him seriously on the campaign trail.

5

u/VirtuaMcPolygon Mar 03 '25

I feel that investment was more strong arming Apple to do it over it being cost effective for the consumer

3

u/Index820 Mar 04 '25

Or to elect different officials