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

61

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?

57

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

26

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.

10

u/UrABigGuy4U Mar 03 '25

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