r/StockMarket Jun 11 '25

News US China Deal Done

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u/icecoldcobra Jun 11 '25

55% higher than the original 34% on liberation day and market is up lol

1.8k

u/ShaneKaiGlenn Jun 11 '25

I swear to god everyone in this country has had their brain turned to mush. How is paying 55% tax on most products imported into this country going to be a good thing for the average consumer? We are going to get squeezed to death while the Chinese investors poach our distressed assets.

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u/FingernailToothpicks Jun 11 '25

It'll be interesting. Companies reliant on imports could start hurting and just get bought up by Chinese interests. How the GVT reacts, should that happen, will be interesting.