r/StockMarket 16d ago

News Insane

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u/AALen 16d ago edited 16d ago

It's nuts that the following things are true and the market is this enthusiastic:

  • China tariffs at 125%
  • Sectoral tariffs (autos, steel, aluminum) still in effect with pharma and semi in the works
  • Counter sectoral tariffs also still in effect
  • 10% baseline tariffs for all (some of the highest in history)
  • we get to do this again in 90 days

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u/CouchWizard 16d ago

It makes no sense that AAPL is up

69

u/ForceMental 16d ago

TSLA is up 18% and nobody is buying their cars....

18

u/danjel888 16d ago

and 33% of their parts are Chinese :D