disguy_ovahea@lemmy.world to politics @lemmy.world · 6 days agoWhite House announces 245% tariffs on Chinawww.whitehouse.govexternal-linkmessage-square39linkfedilinkarrow-up1201arrow-down15file-text
arrow-up1196arrow-down1external-linkWhite House announces 245% tariffs on Chinawww.whitehouse.govdisguy_ovahea@lemmy.world to politics @lemmy.world · 6 days agomessage-square39linkfedilinkfile-text
minus-squaregressen@lemm.eelinkfedilinkarrow-up7·6 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.
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.