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/Paddy_Tanninger Mar 03 '25

The disgusting part is that the stock market went wild with speculation leading up to 2rump, because we all just kind of assumed that every big corp would throw a few dozen million at him to buy their way into all sorts of tax breaks and favoritism and shit...like legitimately the entire market thought "oh this open corruption will be great for stock prices and market value".

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u/HypocriteGrammarNazi Mar 04 '25

I literally moved my 401k from bonds back to stock when he won on the prospect of forced rates cuts and massive inflation. It is kind of backwards isn't it lol.

2

u/_Cri_WuLF_ Mar 04 '25

So how much have you lost so far? lol

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u/loobear2357 Mar 04 '25

If you don’t plan of holding a stock for ten years don’t buy it” Peter Lynch

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u/Paddy_Tanninger Mar 04 '25

That's adorable, and I really do wish I lived in a world where that's how stocks worked.

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u/loobear2357 Mar 04 '25

That’s investing. Any kind of trading is gambling

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u/Ok_Fix3639 Mar 04 '25

I feel like if you followed the campaign messaging and the individuals involved in the admin it was actually foreseeable that this would be chaotic. People didn’t take him seriously on the campaign trail.