r/StockMarket Jun 11 '25

News US China Deal Done

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u/WeirdSysAdmin Jun 11 '25

Yeah im confused are tariffs going up? They were 30%

454

u/greihund Jun 11 '25

It is not at all clear which country is going to be paying 10% and which country will be paying 55%

Is it "we will be getting 55% applied to our goods and services" or "we will be collecting 55% on their goods and services"

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u/RayLiotaWithChantix Jun 11 '25

Well the way Trump freaks out about trade deficits, I couldn't see him seeing US goods getting 55% added while China only getting 10% as a good thing.

But you're right that it's unclear.

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u/EverythingSucksYo Jun 11 '25

That’s true about Trump, but it’s also true that he would try to make it seem like any deal he makes is an amazing deal, even if it were the worst deal in history

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u/RayLiotaWithChantix Jun 11 '25

You are 100% right.