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
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.
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)