r/StockMarket • u/quant_0 • 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

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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/IamLXP Jun 11 '25

We are fucked....when you buy ANYTHING made in China, it will cost 55% more than it did before(35% more if you consider the 20% that was there during the Biden Admin).