Quote:
Originally Posted by edslunch
In the hypothetical case where the producer is being charged a 25% tariff they would need to increase their price by 33% to break even.
$100 * 1.33 = $133 x (1 -.25) =$100
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Still don't understand your math logic.
At the end of the day, a 25% increase on $100 retail price is still $25. If you jack up your retail price by $25 (and it still costs the same to produce it), why do you need to jack it up an additional $13 artificially?