[dangus]

Just a little math issue here, tariffs jumping from 25 percent to 100% isn’t doubling the price, and the tariff cost used for the percentage isn’t the final retail cost.

Let’s say I have a widget. I sell it for $10, and it cost me $1 for me to produce. There’s a 25 percent tariff, which is 25 cents. Now I sell the item for $10.25 to pay for the tariff.

If the tariff goes up to 100%, that now means that I need to raise the price of the product to $11 to pay for it.