minus-squaregressen@lemm.eetopolitics @lemmy.world•White House announces 245% tariffs on Chinalinkfedilinkarrow-up7·4 days agoImagine you’re manufacturing an end product that contains 10% of parts that are under tariffs. Your end cost goes up by 10% of that tariff value, i.e. by 24,5% in this case. linkfedilink
minus-squaregressen@lemm.eetoScience Memes@mander.xyz•Space QuarrylinkfedilinkEnglisharrow-up28arrow-down2·9 days ago linkfedilink
Imagine you’re manufacturing an end product that contains 10% of parts that are under tariffs. Your end cost goes up by 10% of that tariff value, i.e. by 24,5% in this case.