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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u/Basis_404_ Mar 03 '25

No silly we’ll just buy from the American factories that source 100% of their supply chain domestically. Surely they have an ample supply of all the goods imported and people will just buy from them instead.

Wait, are there factories here?

Uh oh…

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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.

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u/EnvironmentalCan381 Mar 03 '25

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

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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?

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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

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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.

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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.

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u/UrABigGuy4U Mar 03 '25

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