The boutique pedal company has forecasted that, should the trade war persist, the cost per pedal would increase from 2 cents in April to $12.80 in December
Alongside her speech, she also provided written testimony showing that, over the course of 2025, the tariffs would result in the cost per pedal increasing from 2 cents on April 27 to $12.80 on December 28th – a 640% increase.
Trumps tarrifs are dumb as fuck but 2 cents to make a pedal? LOL wut? Is that a typo? How is it possible to make a pedal for 2 cents?
Nah, I think what they’re saying is that; at April 27 tarrifs added 2c to the cost of their pedals, but that will increase 640% to $12.80 later this year. It’s worded weirdly and took me a while to get (if I do understand correctly), but i don’t think it’s a typo.
Trumps tarrifs are dumb as fuck but 2 cents to make a pedal? LOL wut? Is that a typo? How is it possible to make a pedal for 2 cents?
Nah, I think what they’re saying is that; at April 27 tarrifs added 2c to the cost of their pedals, but that will increase 640% to $12.80 later this year. It’s worded weirdly and took me a while to get (if I do understand correctly), but i don’t think it’s a typo.
To expand. Let’s say a pedals raw BOM* cost is $30.
Plus old tarrifs = $30.02.
Plus new tarrifs = $42.80.
(*Bill of materials)