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
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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

70

u/reichjef Mar 03 '25 edited Mar 03 '25

Seriously, this is not a decline in GDP growth, this a decline in GDP, period. Any % speed run achieved. Germany just tagged an ATH in their session today. This is completely self inflicted.

50

u/DontrentWNC Mar 03 '25

All the people who said us having the best economy in the world didn't matter because they weren't feeling it are about to experience what happens when it is one of the worst in the world.

15

u/ChampionshipIll3675 Mar 04 '25

Yep. They're about to learn real inflation. The kind that will keep us hungry most of the time.

7

u/Special-Remove-3294 Mar 04 '25

Going from the best G7 economy in 2024 to a shrink in GDP for Q1 2025 is wild especially considering that there is no crisis going on. It is all due to US government being ass.....

1

u/reichjef Mar 04 '25

Shooting ourselves in the foot.

1

u/meridianblade Mar 04 '25

It's intentional evil cruelty. It's to teach us a lesson by these fucking traitor oligarchs.