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

155

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

58

u/WeirdWaytoBe Mar 03 '25

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

8

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

u/AutoModerator Mar 04 '25

Bagholder spotted.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.