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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2.6k

u/BeyondTheStars22 Mar 03 '25

20% what is this man doing.

1.1k

u/GroupKooky Mar 03 '25

20 percent on top of the 10 percent that was already in place from back in 2018

255

u/[deleted] Mar 03 '25

Do you know why he is doing this? I think he purposely tank the economy so the rich people can just buy everything cheap or something

400

u/ISayHeck Mar 03 '25 edited Mar 04 '25

Could be

It could also be that he's a hot headed moron, surrounded by yes-men with little to no grasp on economics

153

u/bandy_mcwagon Mar 03 '25

It’s both. He’s a moron, the rich people around him on all sides are eager to let him do it and thus buy buy buy

56

u/WeirdWaytoBe Mar 03 '25

And he loves presidential powers that need no authorization, i.e. Tariffs and pardons. 

10

u/Johns-schlong Mar 03 '25

Rich people start to look tasty to a starving populace.

2

u/LavishnessOk3439 Mar 04 '25

Bro tell be on another country before the first guillotine is built.

3

u/TimTomTank Mar 04 '25

Warren has been selling off for months for a reason.

This is just the elephant in the room becoming obvious to us.

1

u/Dozekar Mar 04 '25

buy buy buy is a terrible plan when the administrations tarriffs and other actions literally threaten the survival of a lot of those businesses.

You can't just walk back tariffs like this. Trade wars can take decades to get back out of.

2

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6

u/Illustrious-Yak5455 Mar 04 '25

It's likely why there's this growing rift between new and old conservatives. Folk like Cheney worked for decades to build this soft power supremacy that relies on stability with controlled chaos to drive markets. This new conservatism is all chaos

3

u/lewger Mar 03 '25

It was one of the few buttons he could push without this pesky judges getting involved.

-1

u/mojomoreddit Mar 04 '25

Could be…but could also be that he is the highest IQ strategist that the world has ever seen. Saying what he is saying,doing what he said he was gonna do and doing it in 2016 also??? Imma not saying anything, but let’s assume he actually is doing everything right??? What would the conclusion be?