• @merc@sh.itjust.works
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    27 days ago

    The tariff on goods from China is more than 100% now. Why do you think the price would only go up by 10-20%?

    • @sugar_in_your_tea@sh.itjust.works
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      7 days ago

      When I posted, I was under the impression tariffs were ~35%. Retail tends to be around 50% markup over BOM, so that should mean only a 10-20% price increase to keep the same profit per unit, depending on how much of it is sourced from China.

      With 100% tariffs, that’s more like a 50% markup, not 3x.