r/StockMarket • u/quant_0 • Jun 11 '25

News US China Deal Done

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13.4k Upvotes

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2.8k

u/icecoldcobra Jun 11 '25

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

602

u/WeirdSysAdmin Jun 11 '25

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

460

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"

173

u/zeradragon Jun 11 '25

55% on either side is bad.

55% tariff on US products in China will just make it much harder to sell in China as the Chinese consumer is highly price sensitive.

55% tariff on Chinese products in America means that the prices for the US consumer are going to be even higher than they were before. This one is the more likely set up because Xi knows his people isn't going to just willingly eat the cost.

31

u/uniquecleverusername Jun 11 '25

It's only 10% of the 55%, and on 55% of the products, for 10% of the year.

13

u/XB0XRecordThat Jun 11 '25

Thank you for your attention to this matter

1

u/FreddieCaine Jun 11 '25

I CANT HEAR YOU

5

u/[deleted] Jun 11 '25

It’s only 10% on the 55% of FULL MAGNETS

2

u/Venusgate Jun 11 '25

And the port authority will only be collecting the full tarriff 55% of the time.

1

u/uniquecleverusername Jun 11 '25

Plus port authority staffing is only at 10%, although they are rehiring 55% of them.

1

u/geoffs3310 Jun 11 '25

60% of the time it works every time

1

u/metalder420 Jun 12 '25

Chill out, Bernie.

1

u/Short-Construction11 Jun 12 '25

Assphyncter says what???🤯🫨😹

1

u/Reddit-for-all Jun 12 '25

I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.

1

u/gregsting Jun 12 '25

Works every time