you think companies will just use a flat amount to cover the ‘tariff’? fat chance. this is america, they’re gonna keep their percent-based margins, probably add to them, besides, to offset lower sales volumes… and those profit margins get added at every link in the distribution chain. retail prices will be closer to double than ‘only’ 54% more.
“Yo, boss. I need a 54% raise to keep up with inflation. Pronto!”
Hahaha almost kept a straight face. I crack myself up.
you think companies will just use a flat amount to cover the ‘tariff’? fat chance. this is america, they’re gonna keep their percent-based margins, probably add to them, besides, to offset lower sales volumes… and those profit margins get added at every link in the distribution chain. retail prices will be closer to double than ‘only’ 54% more.