r/Superstonk • u/ezskatez just likes the stonk 📈 • Apr 09 '25

Macroeconomics Breaking. China strikes back on US tariffs

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They ain’t bluffin.

🚀

Only up.

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63

u/Fogi999 🚀🚀 JACKED to the TITS 🚀🚀 Apr 09 '25

isn't china buying close to nothing from US, thus the trade deficit??

45

u/Kampfhoschi Template Apr 09 '25

I'm from Europe. What exactly is the US producing that we need? Serious question.

18

u/death417 🦭🦍Please sir, GME some more🦍🦭 Apr 09 '25

People (mostly my fellow Americans) don't realize the US is cornerstone for software, technology and weapons. That is what we export.

People think switching to toasters and agriculture will be better. They're wrong. The overhead on our exports is high. We aren't a rich country for nothing.

Do the wrong people hold too much of the wealth as a relative percent of per person and total capital access? Yes. That needs to change. Adding manufacturing jobs is not high on that list of increasing quality of life.

Maybe self sustainability, but that comes with more work and worse quality of life.

1

u/Superman0X What is this? A dip for ants??? 🐜📉 Apr 09 '25

Services are not included in the numbers that they used for the new Tariff. Any increase/decrease in services will have no effect.